STUDY WITH US AND HAVE FUN

We offer you free lessons and a lot of free exercises to practice your grammar. Grab a cup of coffee and enjoy learning without effort in the comfort of your home.

The State of Europe – Richest and Poorest Countries in the Continent

The European economy has 50 countries and a market of more than 740 million people. The formation of the European Union in 1999 and the adoption of the Euro made the continent even more productive as it improved convenience and participation.
Most countries in Europe have GDP per capita higher than average those of the world. However, there is a divide between the countries behind the former Iron curtain and those of Western Europe. By 2010, Europe had $19.920 in nominal GDP, which represented 30.2% of the world economy. The European Union produced between 75 to 80% of the GDP of the continent, which is about $20 trillion.
The EU is currently the most significant and wealthiest economy in the world, beating the US by up to $2 trillion in 2008. Essential industries in Europe include the services sector, investment, and banking, tourism, manufacturing, and agriculture. The region currently has more than $33 trillion assets under management, which is more than a third of the entire Globe’s wealth. Europe is the headquarters of 184 of the largest 500 companies by revenue on the Globe. In 2010 just as the effects of the financial crisis were wearing off, Europeans, particularly in Western Europe, enjoyed some of the highest standards of living in the world.

Share on facebook
Share on twitter
Share on email
Share on linkedin
Share on skype

Related articles

Housemates

This is episode 1, beginner level in which you will learn some useful vocabulary from everyday conversation. The story is

Read More »

Tapescript

Erika: Hi, David are you OK? David: Hi, Erika I’m fine just a little tired. I’ve been jogging with my

Read More »

Songs and games

Have fun with your kids teaching them songs and playing games with them. Make this activity family engaging. 

A corner for kids

Video lessons
Join us

Join us to unlock all activities

Explore free activities
Open chat
1
Hello. We are here. How can we help you?
If we are not online, write to us: teacher@funenglishlearn.com