Italy, in ancient times, was called as “Aino Elijah” “UW Elijah”, due to language change “Viagra” sound change “meaning”, that is called “Italy and Asia”, meaning “calf growth of Paradise. “ Some people say, “Italy” is the name of an ancient tribal leaders of the country’s name evolved. Italy is the birthplace of the Roman Empire. 2 to 3 century, the heyday of the Roman Empire, the territory throughout the Mediterranean. 14 to 15 century art of unprecedented prosperity, the European “Renaissance” of the cradle. After several splits and foreign invasion. Kingdom was established in 1861. Reunification in 1870, built the Kingdom of Italy. June 2, 1946 officially named “Italy country.”
Compared with other Western countries, there is a resource-poor Italy, the disadvantages of industry started relatively late. However, the Italian pay attention to timely adjustment of economic policies, importance of research and introduction of new technologies, promote economic development. Mineral resources, only hydro, geothermal, natural gas, marble, mercury, sulfur and other resources, as well as small amounts of lead, aluminum, zinc and bauxite, etc. Mainly in the industrial processing industries, energy and raw materials needed to rely on foreign imports, industrial products, 1 / 3 or more for export. Enterprises in more developed countries, Italy, crude oil processing capacity of 1 million tons, the “European refineries,” said; steel output ranked second in Europe; the plastics industry, tractor industry, power industry, also ranked in the world . Erie, Eni and Aifei Mu Foundation holds three national economic lifeline, in the national industrial output value accounted for about 1 / 3, operates in the steel, shipbuilding, machinery, petroleum, chemicals, arms and other departments. SMEs play an important role in the economy, nearly 70 percent of gross domestic product created by these companies, so the world known as the “SME Kingdom.”In leather, footwear, textiles, furniture, jewelry, wine, machinery, marble mining and industrial sectors such as electronics account for advantages, with a high degree of specialization, adaptability, scalability and rich labor arrangements proportion of exports big advantages.Family-based micro-enterprises, “underground economy” thriving, industry accounts for approximately 15% of gross domestic product. Agriculture, arable land accounts for about 10% of the total area. Italy rich in tourism resources, humid climate, beautiful scenery and many cultural relics, there are good beaches and mountains, highways, hotels and more small and medium. Major tourist cities are Rome, Florence and Venice.
Tourism development, tourism revenue to make up an important source of national balance of payments deficit. Tourism turnover of 150 trillion liras (about more than 71.4 billion U.S. dollars), accounting for 6% of gross domestic product, net income of approximately 53 trillion liras (about more than 25.2 billion U.S. dollars). Foreign trade is the main pillar of the Italian economy, foreign trade surplus year after year, following Japan, Germany, after the world’s third largest trade surplus country. Imports mainly petroleum, raw materials and food-oriented and export to machinery and equipment, chemical products, household appliances, textiles, clothing, shoes, jewelry and other light industrial products. Foreign markets, mainly in Europe, the main target of the import and export is between the EU and the United States.
From Fashion Italy, post history of Italy