Monaco Capitalism- mixed economy, France, Germany, England, USA

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Monaco Capitalism- mixed economy, France, Germany, England, USA. Brendan Sharp Varence Penn- Kast. Resources. Not a lot of natural resources No Agriculture Lots of Casinos, one giant casino High standard of living, tax haven for rich people- no income tax Racing Tourism Manufacturing. - PowerPoint PPT Presentation

Transcript of Monaco Capitalism- mixed economy, France, Germany, England, USA

Brendan Sharp Varence Penn-Kast

MONACO CAPITALISM- MIXED ECONOMY, FRANCE,

GERMANY, ENGLAND, USA

• Not a lot of natural resources• No Agriculture• Lots of Casinos, one giant casino• High standard of living, tax haven for rich people- no

income tax• Racing• Tourism • Manufacturing

RESOURCES

• Prosperity. • Success can be measure by tourism and unemployment

which are both good. • Since Monaco is part of the European Union it can be

effected by what happens in the rest of Europe.

ECONOMIC CYCLE

• $976.3 million GDP• $30,000 Per Capita GDP • Labor Force 44,000• Unemployment 0%• $716.3 million Exports• $916.1 million Imports

ECONOMIC MEASUREMENT

• Not a lot of imports or exports, integrated with France. • Part of European union, uses Euro

INTERNATIONAL TRADE

• We are a company that sells high performance cars.• We would do well because of the racing industry in

Monaco• Also there are a lot of wealthy people who can afford our

expensive automobiles.• Commercials, posters, racing endorsements.

MARKETING STRATEGY

• Yes this is a target. We will invest in Monaco and try to sell our product.

MONACO