France's Ecconomy

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Miscellaneous

 

Written by:

Chad R

 

Date added:

December 6, 2015

 

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A

 

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4 / 1049

 

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9823 times

 

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Other major industries were nationalized in the early 1980s. In the early 1990s, manufacturing employed between 20% and 25% of the labor force. Many French business enterprises are small to moderate in size, although the competitive business climate created by membership in the EC has forced many companies to be restructured and combined to form powerful corporations...
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In 1986, France ranked third in Europe in steel production, with an output of 14.8 million metric tons and second in aluminum output. These and imported metals are fabricated into a wide range of mechanical and electrical equipment marketed throughout the world. French locomotives, turbines, electronics equipment, nuclear power plants and submarines, and television systems are famous for their innovative design, as are French automobiles, such as Citroen, Peugeot, Simca, and Renault, and French aircraft, such as Mirage, Concorde, and Airbus...
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