Since ever, England's economy has been characterized as a solid and consolidated economy as one of the major economies in the world, indeed based on commerce and industry. This has long allowed England's gross domestic product to remain in the mid-range. Top 5 in the world, only behind the United States, Japan, Germany and China.
The fundamental factor in the success of the economy of England is that after the ravages of the Second World War, in addition to the losses due to the independence of its colonies, the country knew how to maintain a double alliance both with the European markets and, of course, with the United States market.
In addition to this, industry in England It is characterized by the production of machinery, as well as the production of transport equipment such as railways, vehicles and aeronautics, in addition to the production of chemical products. However, the services sector derived from transactions on the stock market is the sector that contributes the most to the country's gross domestic product.
In addition, they also play a very important role in the economy the banking financial sectors, as well as insurance companies. It must also be said that one of the main aspects why its economy is so solid is that it does not belong to the eurozone. The reason for this is that the country has managed to maintain its currency, the pound sterling, as one of the currencies with the most transactions in the foreign exchange market worldwide.