State the economic condition of Denmark and Italy.
Answers
Answer:
The economy of Denmark has grown to become a modern day market economy that possess an advanced industrial sector alongside it's traditional and high tech agricultural sector. The economy of Denmark is known for its Govt. welfare measures, equal distribution on income and high standard of living.
Italy has been problematic state for many years. It ranks among the countries with the most significant debt-around 2.3 trillion euros, and has been facing a double a double digit unemployment rate since 2012. It's gross product stands at a level lower than in 2005.
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