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The Economy And Government Of Italy

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Introduction Italy is located in south central Europe and makes up approximately 0.84% of the world’s population. The Mediterranean Sea and the Alps surround Italy, along with the Fertile Po Valley. The country is known to have a Mediterranean climate (Countries and Their Cultures). The main language is Italian; however, German and in some parts French is spoken as well. Rome has been the capital since 1871 and is where the Catholic Church is centered (Countries and Their Cultures and “Italy”). Overall, this report will outline the economy and government of Italy, as well as the education system, the culture and class, and their business practices. The conclusion will outline whether Italy would be a successful place to bring a business. Economy The economy has grown a fair amount over the years. Once being strictly agricultural, it has changed to become a more industrial economy. The country’s industrial economy was “ranked as the world’s seventh-largest market economy” ("Economy”). The country belongs to a couple global unions such as, The European Union and the Group of Eight, (“Economy”). Even though the country does have a lot of land, most of it is not useable for farming. Because there is little land for farming, they do not have a lot of natural resources. Low amounts of iron, coal, and oil are found there. The low amounts will not supply the country forever, but there is a large amount of natural gas found in the Po Valley. The country is low on energy,

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