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Essay / Research Paper Abstract
This 5 page paper illustrates the overall health of the economies of France and Britain during the 1980's-90's. Predictions are made based on present reforms. Specific and supporting quotes given from heads of state in both countries. Bibliography lists 3 sources.
Page Count:
5 pages (~225 words per page)
File: D0_mbtaux.rtf
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Unformatted sample text from the term paper:
said, with a countrys economy. Europe is going through some major life style changes, which may directly or indirectly affect the health of its economy. In order to make a
better prediction about the future health of the economy, it becomes necessary to review how the overall health of the economy has been. As two of the major influences in
Europe, France and Englands profiles, it can be said, may be barometers of things to come. In order to gain a clear picture of how a countrys economy is doing,
it is necessary to assess the health of a countrys performance in several overall areas, such as industry, political stability, and employment rates. The rate of inflation for a country,
which is the overall general upward price movement of goods and services, is also a good indicator of a populations overall economic health, as well as other lagging indicators such
as labor costs, business spending, prime rates, outstanding bank notes, and inventory values(BusinessWeek 2002). During the mid 1980s the overall economy in France, in respect to industry, was in line
with what was occurring throughout Europe at the time. With the onset of industrialization and the automation of so many facets of the production line, many were finding themselves unemployed
by the mid-eighties. Many went back to school, others found jobs in other sectors. The time of large scale production facilities and large scale employment of great numbers of people
were practically over by the mid-eighties. This was true in both England and France. Both governments reacted to the increasing numbers in unemployment with various educational incentives, industrial incentives for
companies who managed to find work for those they dismissed, and, in England, by adding a type of temporary welfare system to help those who were in between jobs.
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