Economic Activity in Frace Essay Example | Topics and Well Written Essays - 250 words

Economic Activity in Frace - Essay Example This was more that the OECD countries which had an average house hold income of 23,938 dollars per year (Gofen and Blandine, 27). Despite these high numbers, there is a considerable difference between the poorest and the richest in France. The top 20% of the population in France are able to earn five times more, than the bottom 20% of the population. The most relevant industry for the supply of ice cream laced wine is the hospitality industry (Gofen and Blandine, 21). This industry comprises of hotels, bars, discos, Casinos, etc. The hospitality industry in France is very stable, and the most lucrative. For instance, during the financial crisis, the hospitality industry was not affected. For example, France has the highest hotel penetration rate in Europe. This rate stands at 41%. The wine product sold by my company is a luxurious product, and hence the people of France can afford it. This is because they have a strong income per capita, and the target industry is performing