The Economy of Switzerland
Description
Vocal Characteristics
Language
EnglishVoice Age
Young Adult (18-35)Accents
North American (General)Transcript
Note: Transcripts are generated using speech recognition software and may contain errors.
Switzerland, the country known for its obsession with precision and quality and a fabled knack for making chocolate and luxurious watches. While Swiss people don't flaunt their personal wealth, the country is often in the economic news as one of the richest in the world. And with one of the highest GDP per capita of over $80,000 there is more to Switzerland and luxury watch brands like Rolex and Richard Mille and premium chocolate brands like Lint and Toblerone. The country's geographical location is probably the worst in terms of factors contributing to economic success. It is often referred to as a landlocked country, which means it has no direct access to trade routes or see. The country also has little in terms of natural resources like oil, gas, coal and so on. The country also has a terrain unfit for building an inexpensive infrastructure, and the country also does not have any cheap labor to capitalize on. But how did Switzerland become so rich? Despite all of these disadvantages? It has something that is one of the most important factors when it comes to business and trade and anything that involves an exchange of money, it has trusts, whether it comes to the high value services or trains roaming in the high altitudes, carrying tourists or exports of pharmaceuticals and agricultural products or its notorious banks. Protecting your hard earned or not so hard earned money. Switzerland offers trust like no other, making itself a financial powerhouse and earning itself a stellar reputation in international finance.