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France Case Study Analysis

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Analysis: To support the thesis that despite different histories and cultures, France and the United States have different economic outcomes, I use data from the World Factbook to compare different taxed systems in France and the U.S. as a comparative measure of the standard of living. I also use data from the World Factbook to compare different unemployment rate as a measurement of comparative efficiency. Finally, I use such data from the World Factbook to establish the difference of public debt and how many people are below the poverty line in each country as comparative measures of economic security.
France efforts on their workers and wellbeing who in turn made their economy suffer has a public debt of 95.5% of GDP. The need to change their labor market and promote more job growth has been a challenge for this country. The taxes the French people pay are about 54% of the …show more content…

However, the higher taxes that the French people pay allows them to have better social benefits. Unlike France, America does not an abundance of social benefits for retirements, work injuries, and pensions unless qualified. They would have to sign up for insurances and pay monthly fees. America is 15.1 under the poverty line, which is greater than France’s rate of 8.1 under the poverty line. France has a way of spending excessively and puts a heavy burden the economic performance. France’s workers are unable to save and invest, and build businesses to work to strengthen the economy. The unemployment in France is 9.9% of the labor force. On the other hand, America has an unemployment rate of 5.2% of their labor force, which is almost half of France’s unemployment rate. But to keep in mind, America has a significantly higher population then France, therefore their labor force can still provide economic growth within the country.

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