Factors that Influence the Economies of Countries in Europe

Location The location of a country dramatically affects the country’s ability to trade. Examples: The United Kingdom is completely surrounded by water so trade is possible on a large scale. Germany is centrally located in Europe which makes trade possible on a large scale. Russia does not have as great an access to water so trade is hampered in Russia. Italy is located on the Mediterranean so its location promotes trade in the country.

Climate Climate has a tremendous effect on a country’s ability to trade. Examples: The United Kingdom is warmed by the warm waters of the Gulf Stream which makes it mild and gives its people access to its many ports year round. Russia experiences a harsh climate that does not allow it to have access to many of its natural resources and much of its access to ports is blocked because the majority of its ports are frozen during winter.

Climate (continued) Italy has a warm climate that allows it to have access to ports year round. Its climate also allows it to farm on a large scale. Germany is also warmed by the warm waters from the Gulf Stream which allows access to resources and promotes trade all year.

Natural Resources Natural resources have a tremendous impact on a country’s ability to trade. Examples: The United Kingdom, Germany, and Russia all have many natural resources, but the United Kingdom’s resources are dwindling and Russia’s are difficult to access because of the weather and size of the country. Italy, however, does not possess great amounts of natural resources which is a hinderance for trade in Italy.

United Kingdom great trade Resources Good Climate Good location

Russia Russia hampered trade Many resources Harsh Climate Difficult location

Germany great trade Many resources Good climate Good location

Italy moderate trade Few resources Good climate Good location