
The Economy Of Spain
Economics Explained
00:00
Why the Building Industry Is a Great Job Creation
The early two thousands were a great time for spain. It had successfully adopted the uro and almost entire shed its image as the home of a dictatorship. This meant that tourism and trade were booming, as everyone from germany to the u k,. fled their cold cities to laze on tha beach under the spanish sun. The building industry is a huge employer in most growing nations because it's very hard to outsource. And even if these builders demand higher wages, most people in the wider economy don't care too much, because it just means houses are more expensive to build. By the time two thousand and eight came rolling around, spain was one of the most indebted
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