IndexOverviewCountry StudiesCountry FactsFasten your seat belts, because in two short pages I will teach you something that I myself only learned about two hours ago, so sit back, stay calm and enjoy the experience my 4am coffee-induced self-hatred fueled writing extravaganza. The Dutch economy is based on the concept of an open economy, which means that it is mainly dependent on foreign exchange. An analysis of the Dutch economy reveals that it has a stable industrial sector, a low unemployment rate of 3.9% and low inflation of around 0.32%. The Netherlands has many advantages for businesses. It is able to guarantee access to 95% of Europe's most profitable consumers. Not only that, the Netherlands also has a highly educated workforce considering the workers are bilingual, has remarkable infrastructure, thriving industrial sectors, and more. All of these factors allow businesses to thrive and that is why these businesses are so successful. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay OverviewThe different industrial sectors divide the economy of a country into three sectors of activity known as the primary, secondary and tertiary sectors. When a company operates in the primary sector it means that it removes resources from the earth so that they can be used in the creation of a product. In the Netherlands, agricultural businesses are the most common. This means that these activities produce agricultural-based goods. Businesses classified in the secondary sector are businesses that use resources found by businesses in the primary sector to produce a usable product. Finally we have the tertiary sector. Businesses called in the tertiary sector are also known as service sector as they provide services to consumers. The main activity consists mainly of agriculture, both in terms of crops and animals, fishing and rarely mining. These are the main ones because the Netherlands has a lot of fertile land available that allows these crops to grow well and the animals to live a healthy life until slaughter. Furthermore, there is a lot of water in the Netherlands, especially because 26 Initially the percentage was under water and these waters have excellent ecosystems for fish, which provides them with a practically unlimited source of fish for years to come. These factors mean that these businesses operating in the primary sector would be very successful in the Netherlands. Regarding the secondary sector in the Netherlands, there is a large petrochemical industry and a high-tech industry. These industries produce plastics, paints and other products that contain more chemicals. Furthermore, the Netherlands ranks third in the Global Innovation Index. According to Hollandtradeandinvest. com, the Dutch high tech industry is as successful as it currently is because it has a "computer savvy population" that is also very creative and has many entrepreneurs. Finally, the most important companies existing in the tertiary sector are mainly banks or companies largely linked to banks. As mentioned above, the existing tertiary sector in the Netherlands is quite small, however it is growing as there is not much competition that can influence the government to help the creation of new businesses. Overall, the economy of the Netherlands is quite stable and there are many different industries in each sector that are important to the country. National Studies There are several companies operating in each of the industry sectors, however, these are the ones I have decided to talk about. In the industry.
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