Mid Term Assignment

Submitted to

Md.Abrar Fahad Khan

Lecturer

Southeast University
Submitted by

Name: Md. Rafsan Bin Omor

ID: 2018210000086

Course: International Business

Course Code: MGT 314

Section: 2

Email: omor.subin.1996@gmail.com

Phone: 01682095399
Date of Submission: 14th December, 2020
 Answer to the Question No. 1
Political, Economic and Legal systems ar referred because the economics of a rustic.

France operates a economy that mixes capitalist and socialist characteristics. market economy
involves personal possession of capital and alternative means that of production. underneath
socialism, the govt. directs economic activity and owns all or a part of most industries.French
economy grew and adjusted underneath government direction and coming up with far more than
in alternative European countries. Despite being a wide liberalized economy, the govt. continues
to play a big role within the economy: government outlay, at fifty six of GDP in 2014, is that the
second-highest in the European Union. France's diversified economy is junction rectifier by
touristry, producing, and prescribed drugs. the govt. has part or totally privatized several giant
firms however maintains a powerful presence in such sectors as power, conveyance, and defense.

Now i'm justify all the 3 dimensions of economics for French country.

1. Political Systems

2. Economic system

3. Legal Systems

Political Systems:The French government features a range of various body levels with a large
array of political parties in a very two-part parliamentary system.

The current French form of government of the Fifth Republic may be a hybrid
presidential/parliamentary system. it's a President (Emmanuel Macron), WHO is head of state,
likewise as a major Minister (Edouard Philippe), WHO is that the head of presidency.

Parliament is created from the National Assembly (the lower house). The National Assembly sits
within the Palais Bourbon with 577 deputes elected from single-member body in a very two-
rounds system.

The Senate (the higher house) is within the Luxembourg Palace. it's quite three hundred senators
nonappointive by around one hundred fifty,000 officers from round the country and is politically
conservative. underneath the constitution, the 2 homes have similar powers.

There is a multi-party system with many various political parties. Politicians from parties on the
correct could hold views additional in line with parties of the left in alternative countries.

In French politics, the term ‘liberal’ tends to mean free-market liberalism – the other of
‘socialisme’. In fact, the left uses it as a disparaging term to explain the perceived anti-social
policies of the correct. All terribly confusing for etrangers (foreigners)!
Parties typically work into the left-right political spectrum. Here ar the most ones:

On the right: The conservative Union pour world organization Mouvement Populaire (Popular

Union Movement) or umpire is one amongst the most important parties. Jacques Chirac created
the party when his re-election as President in 2002. It united the correct underneath one
party.The umpire covers a broad vary of opinions starting from ancient conservatives and
socialliberals likewise as additional right-leaning neo-conservatives. It describes itself as a
Gaullist party, upholding social conservativism that is paternal and nationalistic.

The umpire is allies in parliament with the center-right party, Nouveau Centre (New Center). In
Gregorian calendar month 2012, a brand new centrist federation Union des Democrates et
Independants (UDI) conjointly came onto the scene.

Finally, there's the Parti Radical, the oldest organization in France. Once a progressive and
humanist party, it's currently a company member of the umpire.

Economic system:France stands joined of the world’s leading economic powers, possessing
giant agricultural, industrial and repair sectors. France operates a economy that mixes capitalist
and socialist characteristics. market economy involves personal possession of capital and
alternative means that of production. underneath socialism, the govt. directs economic activity
and owns all or a part of most industries. Despite in depth reforms over the years that have
reduced government intervention within the economy, the French government still exercises nice
management over the economy, owning shares in several of the country’s largest firms

Legal Systems:Unlike communicative countries, that use a system of  "Common Law",
France features a system of "Civil law".

Common law systems ar ones that have evolved over the ages, and ar mostly supported
agreement and precedent. Civil law systems ar mostly supported a Code of Law.  Worldwide,
Common Law forms the premise of the law in most communicative countries, whereas Civil law
systems prevail in most of the remainder of the planet, with the notable exception of the many
Muslim nations and China.

In line with the democratic principle of the separation of powers, the French judiciary -
though its members ar state staff - is freelance of the legislative authority (government).The basis
of the French system is ordered go in a key document originally caught up in 1804, and referred
to as the Code Civil,  or Code Napoléon, (Civil code or general code) that ordered down the
rights and obligations of voters, and therefore the laws of property, contract, inheritance, etc..
basically, it absolutely was associate degree adaptation to the requirements of nineteenth-century
France of the principles of jus civile and customary law. The Code Civil remains the cornerstone
of French law to the current day, tho' it's been updated and extended repeatedly to require
account of adjusting society. There ar alternative codes, as well as notably the Code Penal, or
legal code, that defines criminal .Laws in France, as in alternative democratic countries, ar
typically planned by the govt. of the day, and should be elapsed the 2 homes of the French
Parliment, the National Assembly and therefore the Senate.  They become law as from the date
on that they need been elapsed Parliament, signed into law by the President, and revealed in
the Journal Officiel, or Official Journal.  Statutory instruments (decrets, ordonnances) become
law on sign language by the minister(s), and being revealed in the Journal Officiel. Publication
within the electronic version of the J.O. is decent.

Answer to the Question No. 2

Culture could be a complicated whole that features information,beliefs, art, morals, law, customs,
and different capabilities noninheritable by individuals as members of society

Historically, French culture was influenced by Celtic and Gallo-Roman cultures additionally as

the Franks, a Germanic tribe. France was at first outlined because the western space
of Germany referred to as geographic area however it later came to see a territory that was
acknowledged as Gaul throughout the Iron Age and Roman era. Equality and unity
are important to the French. The French also worth vogue and class, and that they experience
within the beauty and art of their country. Family is additionally extremely valued in French
culture. Mealtimes square measure usually shared with family, and extended-family gatherings
and meals square measure common over the weekend. The French unreal the crepe and that they
square measure still sold-out everywhere the place in France, even at street trafficker carts. Art is
extremely regarded in France and France is thought for the art collections in museums in their
country. the foremost far-famed picture gallery within the world, The Louvre, is found in Paris,
France. The fourteenth of July, or Bastille Day is simply one in every of the foremost celebrated
French traditions. this is often the French legal holiday, or the equivalent of July 4 in several
different countries. clink Day refers to the storming of the clink on July fourteenth, 1789.

Overall it’s a awfully sensible country & their culture is extremely merchandise. currently i'm
justify in bellow all the determinants of France:-

The Determinants of Cultures square measure culture, norms & worth system. Like as, social
organization, political philosophy, Economic philosophy, Language, Religion, Education.

Social Structure: France still maintained a rigid social organization within the early twentieth
century, with very little quality among social groups. The social strata included peasants, craft
and manufactory employees, shopkeepers, merchants, civil servants, intellectuals, landowners,
and petty nobility. structure France was showing neatness divided into 3 social categories, or
Estates, with completely different jobs and privileges. The priesthood was the primary Estate, the
nobles were the nobility, and the peasants were the commons. The commons was the most
important however had few rights in any respect.
Political Philosophy:Despite the standard insulation of American political and philosophical
thought, yank intellectual life has been deeply affected in recent years by new developments
from France like structuralism and philosophical theory. several postmodernists became
entrenched within the yank academy in recent years. they'll be shocked to find out that their
perspective has become a spent intellectual force in its country of origin. For the past decade, at
least, the most recent fashion from Paris has been a significant discussion of liberalism, human
rights, and democratic political establishments. This wonderful volume brings along the writings
of the younger generation of French writers and intellectuals World Health Organization have
broken with the 2 earlier waves in French thought, derived from Marx and Nietzsche, and World
Health Organization for nearly the primary time have accepted the legitimacy of liberal
democracy as a political order. Of explicit interest square measure the critique of Michel
physicist by Luc Ferry and Alain Renaut, capital of South Dakota Manent's essay on the role of
rational discourse within the rise of the fashionable state, the reconsideration of author by Marcel
Gauchet, and Mark Lilla's useful summary.

Economic philosophy:Laissez-faire is an economic philosophy of free market capitalist

economy. the speculation of capitalistic was developed by the French Physiocrats throughout the
eighteenth century. France has a mixed economic system which includes a range of personal
freedom, combined with centralized economic planning and government regulation. France is a
member of the eu Union (EU).

Statistics

Main industries

Machinery chemicals automobiles science craft physics textiles food processing tourism

Ease-of-doing-business rank

32nd (very straightforward, 2020)

External

Exports

$549.9 billion (2017 Eastern Time.)

Language: French, the official language, is the first language of half of 1 mile of the population.
Most of these World Health Organization speak minority languages conjointly speak French,
because the minority languages square measure given no legal recognition. three-d of the
population speak German dialects, preponderantly within the jap provinces of Alsace-Lorraine
and Moselle.

Religion: Major religions experienced in France include Christianity about forty seventh overall

of all denomination as well as (Catholicism, varied branches of Protestantism, jap Orthodoxy,
Armenian Orthodoxy), Islam, Judaism, Buddhism, Hinduism, and Sikhism amongst others,
creating it a multiconfessional country. France population by faith 2020

With virtually thirty eight million individuals distinctive themselves

as Christians, Christianity was the foremost diagrammatical faith in France. moreover, about
20.8 million individuals thought of themselves as religiously independent.

Education:The French education system consists of 3 stages: primary education, secondary

education, and higher education. Most French elementary and secondary faculties, additionally
as an outsized range of universities, square measure public establishments that have extremely
centralized administrations. It accustomed be normally accepted that the French Education
system was one in every of the simplest within the world. ... Some sixty fourth of
all school pupils in France complete their secondary education, and take the high-school leaving
certificate examinations, referred to as the baccalauréat or the baccalauréat professionnel. though
finding out in France is then not entirely “free”, you may solely be charged a awfully touch once
you study at a public university. However, if you're not a national of associate degree EEA
country or European nation, or already a permanent resident, you may ought to pay higher tuition
fees in France.

In my pespective i believe this is often a awfully sensible country