Jumat, 01 Februari 2013

Economy of Switzerland

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       About two third of the area of Switzerland is covered with forests, lakes and mountains. Since Switzerland has no mineral resources, it must import, process and resell them as products. "Services" are the most important part of the economy. This includes banking, assurances and tourism.
Farming is also an important part of the economy. But the production of the Swiss farmers does not fulfill the needs of all people, so Switzerland must rely on imported gnods from other countries.
       The economy in Switzerland is divided into three sectors :
   1. "Landwirtschaft" (agriculture)
   2. "Industrie" (industry)
   3. "Dienstleistungen" (services)
        Less than 10% of the population is employed in the "Landwirtschaft" (agriculture), also considered the primary sector. This sector is strongly supported by the government.
       
       About 40% of the population is employed in the "Industrie, Gewerbe und Handwerk" (industry, trade and handicraft), also considered the secondary sector. This sector includes the "Maschinen- und Metallindustrie" (machine and metal industry), "Uhrenindustrie" (watch industry) and the "Textilindustrie" (textile industry). All of them export much of their products to foreign countries and suffer a lot because of the expensive Swiss Franc. The fact that Switzerland does not belong to the European Union additionally slows down the Swiss exports.

       More than 50% of the population is employed in the "Dienstleistungssektor" (services), also considered the tertiary sector. This sector includes banking, assurances, tourism and so on. Banking is one of the most important businesses in Switzerland. Many of the banks have started to use the Internet for business purposes.
       The Swiss currency is called "Schweizerfranken" ("Swiss Francs") or short "Franken". One hundred "Rappen" make up one Swiss Franc. CHF is the ISO representation for Swiss francs; however, the old notation sFr. is still used quite often.
 
       This is a 5 Franken coin, called a "Fünfliber"
  Fuenfliber KopfFuenfliber Zahl
        
       This is a 5 Rappen coin, called "Fünfer"
5 Rappen Zahl5 Rappen Kopf 
       This is a 10 Rappen coin, called "Zehner" 
10 Rappen Zahl10 Rappen Kopf 
       This is a 20 Rappen coin, called "Zwanziger"
20 Rappen Zahl20 Rappen Kopf 
       This is a 1/2 Franken coin, called "Fünfziger"
1/2 Franken Zahl1/2 Franken Kopf 
       This is a 1 Franken coin, called "Fränkler" 
1 Franken Zahl1 Franken Kopf 
This is 2 Franken coin, called "Zweifränkler" 
2 Franken Zahl2 Franken Kopf