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HERITAGE - Switzerland - Economy-

Economy

Swiss Science Center Technorama, Winterthur, Zürich (ZH)

Magnetism. Ferrofluid - half liquid, half magnetic - is a mixture of finely ground particles made of magnetic iron.

Picture: © Technorama, www.technorama.ch

The Swiss economy

Switzerland's economy is based on a highly qualified labour force performing highly skilled work. The main areas include microtechnology, hitech, biotechnology and pharmaceuticals, as well as banking and insurance know-how. The service sector now employs the greatest number of people.

Most of the people working in Switzerland are employed by small and medium-sized enterprises, which play an extremely important role in the Swiss economy.

The Swiss are concerned that economic activity should have as little impact as possible on the environment. Switzerland's energy and transport policies aim to be environmentally friendly.

The age of unlimited economic growth in Switzerland is over. Fear of unemployment has been one of the main concerns of the Swiss for several years.

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