Business Economic Essay Example | Topics and Well Written Essays - 1500 words

personal credit line Economic - Essay ExampleIn our ensuing discussions, we will look at three briny industries of Germany and compare them with respect to various economic parameters.As of 2009 estimates, agriculture sector forms only 0.8% of the GDP (cia.gov). The take of employment in this sector as of 2005 was only 2.4% of the total labor force (cia.gov). Hence we stern see that agriculture does not form a very considerable graphic symbol of the countrys economy in terms of contribution to the GDP or the employment.Graph 1 above shows the time value added data in agriculture since 1980. We can easily see that this is on a declining trend everywhere the years. The graph 2 showing the real value added in agriculture shows a lot of mutant with negative growth during many years. This means that agriculture is giving way to other industrial segments in terms of contribution to the GDP.However, agricultural land accounts for half of the nation. The above figure shows that since 1990 there has not been some(prenominal) substantial change in the arable and pasture area and it has remained more or less constant. add together farm land has remained around 50% of the total land in Germany. However, there has been a substantial change in the agricultural sector if East and West Germany are looked at what they were before the 1990 unification. In former East Germany, farm employment fell by 20% of its 1989 levels (oecd.org). The West German part contributes to 75% of the livestock land of the country. The farm sizes here are very small. The Eastern part has gigantic farms (200 hectares) and most of the agricultural produce of the country comes from there. Most of the farming here is capital intensive farming (oecd.org). With a share of 61 percent of all sales in agriculture in 1998, fauna production is the main reason why Germany still is one of the leading agricultural nations in the EU (total production DM 63.9 billion, crop production DM 25.9 billion, an imal production DM 38.0 billion