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Prague generates over 20% of the national gross domestic product and double the average of the whole country is attributable to it in per capita terms. In addition to Czech businesses a number of foreign companies operate in the city and their business interests spread in all directions throughout the continent. The favourable investment climate is also confirmed by the city's 'A' rating by Standard and Poor's. The services sector has grown significantly while the percentage of manufacturing industries is decreasing. In addition to business services (finances, real estate market, information technologies, consulting, advertising, etc.) and services for individuals (primarily retail), the tourist industry holds an exceptional position in Prague. The city has a well-diversified, highly industrial economy. Main products are metals and machinery, aircraft engines, automobiles (Volkswagen AG), diesel engines, machine tools, refined oil products, electronics, beer, chemicals, and food.
See also http://www.worldbigcities.com/Prague.htm
Wiki User
∙ 15y ago
Wiki User
∙ 12y agoThe Czech Republic is with the EU (European Union) and they use the currency called Euro. Before Czech became a member of the EU, they used the currency called Koruna
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What is the currency of Bohemia?
Bohemia is the old name for part of what is now the Czech Republic. The currency of the Czech Republic is the Czech koruna (Czech: korun českých, abbreviation: CZK), divided into 100 haléřů.
Is traditional economic activities are called early economic activities?
Yes, the traditional economic activities are the same as the ealy economic activities.
What type of economic system does Czech Republic have?
The monetary system of the Czech Republic is decimal based, with the unit of Czech money being called the Czech Koruna (Korun is the plural form.) The Czech Republic is expected to join the European Union in 2010. The names and relative values of the coins are: * Fifty Haleru - (50/100 or 1/2 Koruna) * One Koruna -(1 Koruna) * Two Korun - (2 Korun) * Five Korun - (5 Korun) * Ten Korun - (10 Korun) * Twenty Korun - (20 Korun) * Fifty Korun - (50 Korun)
Non economic activities and its examples?
What is the difference between economic and non economic activities.?
What is the difference between economic systems and economic activities?
Distinguish between economics activities and economics system
What has boosted the Czech republic economic development?
Foreign investment
Is the Czech Republic in a depression?
Absolutly! The Czech Republic is loosing money, people and food because of their poor economic system. Bridget says that the endangered dolphins are suffering too. This is a bad time for Czech.
What nations' levels of economic development have improved following the breakup of the Soviet Union?
Czech Republic, Poland, Hungary, and Slovenia
Which country is Prague is the capital of?
Prague is the capital of the Czech Republic.
What european country has Prague as its capital?
Prague is the capital and largest city in the Czech Republic.
What economic initiative did the Czech republic initiate after the velvet divorce?
the government of the Czech Republic introduced reforms and gave back land to private citizens via mass privitization.
What is continent in Czech republic?
EuropeThe Czech Republic is in Europe.EuropeThe Czech Republic is part of Europe.
Is the czech Republic communist?
No, the Czech Republic is not communist. The Czech Republic is a parliamentary democracy.
What does the abbreviation Czech Republic stand for?
"Czech republic" is NOT an abbreviation. It's just the republic of Czech.
What kind of government does the Czech republic have?
The Czech Republic is a parliamentary republic.
Is Prague a city or country?
Czech Republic
Seaport in Czech republic?
The Czech Republic has no coastline.....
