Economics

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The food and beverage industry is part of the service economy.

Countries Most Reliant on the Service Industry

According to data provided by the World Factbook of the CIA, these countries are most dependent on the service industry.

August 1, 2017 18:14

South Korea is responsible for a large amount of exports.

The Top 20 Exports Of South Korea

Refined petroleum, integrated circuits, and cars are the three top export products of South Korea.

August 1, 2017 18:14

Agricultural techniques have become highly evolved over the years.

Countries Most Dependent on Agriculture

According to data provided by the World Factbook of the CIA, these countries are most reliant on agriculture as percentage of their GDP.

August 1, 2017 18:14

The kip is the currency of Laos since 1952.

What is the Currency of Laos?

The official currency of Laos is the Lao kip.

August 1, 2017 18:14

Oil stored in barrels. Oil is a valuable commodity and often at the center of energy crises.

5 Worst Energy Crises of All Time

Energy crises can affect the entire world, or sections of it, and be brought on by a variety of factors.

August 1, 2017 18:14

The Richest States in Germany

The following are the states of Germany ranked by GDP.

August 1, 2017 18:14

The collapse of the housing market was at the center of the 2008 financial crisis.

What Caused the Financial Crisis of 2008?

The financial crisis of the late 2000s had a drastic impact on economies across the world.

August 1, 2017 18:14

Cryptocurrency is a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.

What Is A Cryptocurrency?

Cryptocurrency is a digital asset that is designed to function like an exchange medium using cryptography.

August 1, 2017 18:14

Switzerland has the most competitive economy with the European country topping the Global Competitive Index list in 2015 for the seventh consecutive year.

The World's Most Competitive Economies

This ranking is based on a report by the World Economic Forum.

August 1, 2017 18:14

Mobile banking is becoming increasingly common in several countries.

Countries Where Mobile Banking Is Most Popular

Mobile banking is popular in a number of African countries with Botswana topping the list.

August 1, 2017 18:14

Italy is home to a number of large banks.

The Biggest Italian Banks By Total Assets

The UniCredit, headquartered in Milan, is the biggest Italian bank.

August 1, 2017 18:14

In terms of GDP, the United States remains the world's richest country.

Countries With the Highest GDP

GDP stands for Gross Domestic Product. Although it can be measured per capita, by this list it is in terms of the entire country.

August 1, 2017 18:14

Digital currency is a relatively new phenomenon.

What Is A Digital Currency?

Virtual currencies and cryptocurrencies are examples of digital currency.

August 1, 2017 18:14

Soft drinks are popular around the world.

The World's Largest Beverage Producers

The article discusses the global leaders of beverage according to 2017 FORBES Global 2000 report.

August 1, 2017 18:14

What is the Currency of Cabo Verde?

The official currency of Cabo Verde is the escudo.

August 1, 2017 18:14

Oil production in Bashkortostan, Russia.

What are the Biggest Industries in Russia?

The petroleum industry is one of the largest and most profitable industries in Russia.

August 1, 2017 18:14

Sales tax in US states can be as low as 0% or as high as 9.45%.

Which State Has the Lowest Sales Tax?

The states of Oregon, Montana, and Delaware have no sales tax.

August 1, 2017 18:14

An excavator digging for caking coal in Kuzbass, Russia.

The Top Coal Producing Countries in Europe

Russia, Kazakhstan, Poland and Germany are the leading coal producers in Europe.

August 1, 2017 18:14

The bottling and sealing process at a winery.

The Top Wine Producing Countries of the World

According to the Food and Agriculture Organization of the United Nations (FAO), Italy, Spain, France, and the United States are world leaders in wine production.

August 1, 2017 18:14

The Top Steel Producing Countries in Europe

The European Union produced 169.3 million tons of crude steel in 2014.

August 1, 2017 18:14