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The Major Industries Of Fance Essay

2355 words - 10 pages

Introduction/Major Industries:
The major industries of France include: automobile manufacturing, aircraft productions, chemicals, machinery, food processing, and tourism (Going Global). Coal, iron ore, bauxite, and other minerals are mined (Ibid). The government has privatized many large companies, including Air France, France Telecom, Renault, and Thales, which contribute most of the GDP (Encyclopedia of the Nations). According to The World Bank Group, France has the second largest economy in Europe and fifth largest in the world. The government focuses on particularly power, public transport, and defense industries (Government Social Spending). France is the most visited country in the world and receives the third largest income from tourism (OECD).
Provided by U.S. Energy Information Administration, nuclear power is the primary source of energy in France. Electricity production in France is ruled by nuclear power (Ibid). The largest producer of crude oil in France is Vermilion (Vermilion Energy). France imports crude oil through three major seaports: Le Havre, Marseille, and Saint Nazaire (U.S. Energy Information Administration). France has very little domestic natural gas production (Ibid). They import natural gas through a cast of cross-border pipelines from the Netherlands, Norway, and Russia (Ibid). France also produces a significant amount of energy from renewable resources (Ibid). France has a closed fuel cycle, which reprocesses used nuclear fuel to lower the volume of waste and to create new mixed oxide fuel for its nuclear power plants (Ibid).

Average Worker:
According to the OECD Better Life Index, in France, the average household disposable income is 20,553 euros (28,310 USD) a year. When it comes to employment, 64% of people aged 15 to 64 in France has an income (OECD). The latest figures for 2008 released by the National Statistics Agency, show the annual salary for most of the households in France is between 10,000 and 40,000 euros (13,739-54,956 USD). Most households have an average budget of 2,380 euros (3,270 USD) a month (Prescott).
France citizens work about 1,476 hours a year, 123 hours per month, 30.75 hours a week, and 6.5 hours per day (OECD). Around 9% of employees work lengthy hours, with 12% of men working very long hours compared with 5% for women (OECD). There is no specific average worker in France. According to the French Entree Survey (2008), it is estimated that the most popular jobs in France involves the hotel industry in some way.18% of the population works with the real estate industry, 14% work in the building trade industry, 13% in the Internet services industry, and 10% in property management (Ibid).
In France, life expectancy at birth is about 82 years (OECD). Life expectancy for women is 86 years, compared with 79 for men (Ibid). Health spending in France accounts for 11.6% of GDP (Ibid). According to the European Union Institute, France workers are able to retire at the age of 60. All retired...

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