Status of Education in Italy
Government System Newsletter of Italy
Economic System
The type of economy that Italy uses is a mixed economy. A mixed economy is a combination of economic systems that focuses on the market and command economy. The benefit of having a mixed economy is the idea that the market has less government ownership. Italy has a mixed economy due to the large economic differences in the North and South regions. The North side of Italy is primarily an industrial market controlled by big companies. The South is mostly agricultural consisting of many small farms.
Based on their own resources, Italy is strong in producing leather goods, fashion, sunglasses, cars, and wine. Italy has many workshops clustered in and around Florence where quality leather is produced by skilled leather artisans. For centuries, Italy has produced clothing using the finest silk and wool which is heavily embroidered with gold. The tradition of making these luxury textiles is still very popular today by being produced for top fashion lines in high end facilities to produce the best quality. Not only will Italians use these products, but these goods will also be exported to various countries. These countries include the United States, Germany, and Spain. Many high end leather bags are exported to different countries and sold to the people there.
Based on their own resources, Italy is strong in producing leather goods, fashion, sunglasses, cars, and wine. Italy has many workshops clustered in and around Florence where quality leather is produced by skilled leather artisans. For centuries, Italy has produced clothing using the finest silk and wool which is heavily embroidered with gold. The tradition of making these luxury textiles is still very popular today by being produced for top fashion lines in high end facilities to produce the best quality. Not only will Italians use these products, but these goods will also be exported to various countries. These countries include the United States, Germany, and Spain. Many high end leather bags are exported to different countries and sold to the people there.