Economic Systems: France v Germany

Here is a useful video on economic systems from the BBC – CIE AS course Unit 1. France’s economy has struggled in recent years and President Hollande has plans to reduce the levels of bureaucracy and the size of the state sector – moving to less government intervention.

Critics say France has too centralised and big a state sector. By contrast, in Germany much of the decision making is at local level.

So how do the two systems compare?

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