Economy of Switzerland - History

History

Switzerland's agrarian sector shrank during the Industrial Revolution. Its industrial sector began to grow in the mid-19th century, and had become the largest in Europe by the beginning of the 20th century. In October 2011, Switzerland had the highest average wealth per adult at US$540,000, making Swiss residents the richest in the world. Switzerland was the only country that had exceeded US$500,000. This is said to have been because of the rising value of the swiss franc which has increased the wealth value of Swiss residents.

Read more about this topic:  Economy Of Switzerland

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