[tex]\huge\mathfrak{\fcolorbox{purple}{black}{\red{Essay on German}}}[/tex]
Essay on German
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Essay on German
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Answers & Comments
Answer:
Germany is known to be one of the largest and most powerful economies in the world. It is located in Central and Western Europe, and stretches along the Baltic and North Seas. The country covers a total of 357,022 sq km, 348,672 sq km with land and 8,350 sq km with water. Germany shares borders with nine other countries, France, Switzerland, Belgium, Denmark, Poland, Czech Republic, Austria, Belgium, and The Netherlands. Germany is the seventh largest country in Europe, and the 62nd largest in the world (CIA World Factbook, 2016). The capital of Germany is Berlin, but it also surrounded by many other major cities (Leipzig, Munich, Stuttgart, Aachen, Nuremberg, Bonn, Heidelberg, and Cologne) to name a few.
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Answer:
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Explanation:
Germany is known to be one of the largest and most powerful economies in the world. It is located in Central and Western Europe, and stretches along the Baltic and North Seas. The country covers a total of 357,022 sq km, 348,672 sq km with land and 8,350 sq km with water. Germany shares borders with nine other countries, France, Switzerland, Belgium, Denmark, Poland, Czech Republic, Austria, Belgium, and The Netherlands. Germany is the seventh largest country in Europe, and the 62nd largest in the world (CIA World Factbook, 2016). The capital of Germany is Berlin, but it also surrounded by many other major cities (Leipzig, Munich, Stuttgart, Aachen, Nuremberg, Bonn, Heidelberg, and Cologne) to name a few.
The foundation of the German banking system is well developed. Germany was the first bureau in Europe, and joined the World Bank in 1952. Banks in Germany are what holds the country’s investment capital and are controlled by universal banks, which are able to offer a variety of banking, and savings. In addition, the universal banks make up three-fourths of total business, and play as shareholders in the country’s industrial firm. Deutsche Bundesbank is the central bank of Germany and its obligation is to oversee economic growth, develop the banking and financial system and stability in the economy. The central bank is who funds the government, and sets in motion the investment in the public sector. “With the desire of economic growth, the central bank should attempt to maintain internal price stability, by adopting different interest rates (Bravenewcoin, 2017)”.