preview

The Hardships of a Beautiful Country, Austria

Satisfactory Essays
The country that is Austria has been through many hardships. At the end of World War I, it was separated from Hungary, and in World War II was incorporated into the Third Reich during World War II. Through all of these hardships, Austria has become one of the most prosperous countries in the world. The country’s prosperity can be attributed to its economy, physical geography, and its culture.
As one of the most economically stable countries in the world, Austria’s economy is one of the strongest reasons why the country is so prosperous. With an unemployment rate of 4.4%, and approximately 3.7 million workers, Austria has one of the lowest unemployment rates in the EU. Austria has a thriving service and industry sector that produces chemicals, processed foods, textiles, and machinery. The capital of Austria, Vienna, produces cars and other vehicles which employ a large amount of people. Austria’s main trading partners are Germany and Italy and in 2012, Austria exported about $160 billion in various items. Even with all of the industry in Austria, farming and agriculture are a major reason for Austria’s economic success. Austria has become the second leading producer of soybeans in the EU and is also responsible for 1% of global wine production. One of the biggest reasons why Austria’s economy is so successful is because of tourism. Austria’s beautiful landscape attracts many tourists and employs almost 170,000 people. As a result, Austria has a per capita GDP of $43,100, the twenty-first highest in the world and a GDP of $398 billion, making it one of the twelfth richest countries in the world.
Austria’s physical geography is another reason for the county’s prosperity. The mountains of Austria contain large deposits of mineral resources, some of which include iron and manganese. The land is also a reason Austria is so prosperous. There are more than 3 million acres of arable land in Austria and a plethora of forests, offering a good source of timber. Austria’s breathtaking landscape contributes to the country’s prosperity in the form of tourism. Another reason Austria is so prosperous is because of the Danube River. The Danube is an important trade route and offers a way of water transportation for the otherwise landlocked country. These factors are what make Austria’s physical geography a reason the country is so prosperous.
Get Access