Banking is the larges part of Luxenbourg's economy. Steel and industrial sectors are also a large part o the economy.
I just did a huge project on Luxembourg for school, and it has a free market economy.
Its an open and very developed economy with a vry healthy percapita income rate
Luxembourg was once dominated by steel. The Arbed company was founded in 1911 in Luxembourg, this company produced steel and iron.
Opposite of Market Economy
mixed-economy
luxembourg's stable, high-income economy features moderate growth, low inflation, and low unemployment.
I just did a huge project on Luxembourg for school, and it has a free market economy.
Its an open and very developed economy with a vry healthy percapita income rate
Luxembourg was once dominated by steel. The Arbed company was founded in 1911 in Luxembourg, this company produced steel and iron.
free enterprise :)
Luxembourg is a type German, French and Belgian cuisine. So the ham is a type of German, French and Belgian kind of ham. :) Hope it helps
changing from an economy once dominated by steel manufacturing to a service industries and high-tech firms based economy.
in luxembourg, we have: - McDonald's. - Quick. - Pizza Hut. - Subway. and a few other smaller ones.
Benelux is a treaty between Belgium, Luxembourg, and the Netherlands. Belgium and the Netherlands are constitutional monarchies and Luxemburg is a Grand Duchy. The countries work together on intellectual property laws.
It has a market economy. BUT IT WAS a command economy
Opposite of Market Economy
The capital of Luxembourg is called Luxembourg. It is also known as Luxembourg City.