Economy of Greece by lauren bostick https://padlet.com/lnb4444/d3gh9xpxph5auptc en-us 2021-03-01 13:43:34 UTC 2021-03-02 16:19:28 UTC hello@padlet.com Services lnb4444 https://padlet.com/lnb4444/d3gh9xpxph5auptc/wish/1253035191 Services: an action offered as a product
The main economic activities in Greece are tourism, shipping, and banking. Each year, more than 10 million tourists come to Greece.

]]> 2021-03-01 13:44:24 UTC https://padlet.com/lnb4444/d3gh9xpxph5auptc/wish/1253035191 Manufacture lnb4444 https://padlet.com/lnb4444/d3gh9xpxph5auptc/wish/1253035570 Manufacture: to invent or make something
Manufacturing is very important to the economy. Factories produce many things:
  • Food and beverages
  • Chemicals
  • Machinery
  • Clothing
]]> 2021-03-01 13:44:28 UTC https://padlet.com/lnb4444/d3gh9xpxph5auptc/wish/1253035570 Exports & Imports lnb4444 https://padlet.com/lnb4444/d3gh9xpxph5auptc/wish/1253040871 Export: to send a product to another country to sell
Greece is the 57th largest exporter as of 2017 (the US is 2nd in the world). The countries main exports are:
  • Aluminum
  • Petroleum
  • Plastic

Import: to bring goods into another country to sell 
Greece imports mainly from Germany and Russia. The country is typically criticized for importing goods it already has such as:
  • Medicine
  • Crude oil
]]> 2021-03-01 13:45:27 UTC https://padlet.com/lnb4444/d3gh9xpxph5auptc/wish/1253040871 Agriculture lnb4444 https://padlet.com/lnb4444/d3gh9xpxph5auptc/wish/1253043552 Agriculture: to prepare the soil, produce crops and raise animals.
Agriculture forms a small part of the economy. Popular crops in Greece:
  • Sugar beets
  • Wheat
  • Corn
  • Tomatoes
  • Cotton
The mountain regions are used mainly for herding sheep and goats to make feta cheese, a popular cheese in Greece and around the world. The fishing industry also provides food for Greece but is not as important.
]]> 2021-03-01 13:45:58 UTC https://padlet.com/lnb4444/d3gh9xpxph5auptc/wish/1253043552 Currency lnb4444 https://padlet.com/lnb4444/d3gh9xpxph5auptc/wish/1253049247 Currency: a system of money

€: a euro symbol

In Greece, the use the Euro, a European currency. It's Euro coins are 1, 2, 5, 10, 20, and 50 euro cents, as well as €1 and €2. The Greek "dollar bills" are called Euro notes. These Euro notes are €5, €10, €20, €50, €100, €200 and €500. Compared to the U.S., €1 is $1.21

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