Italy has a very strong economy. Italy's capitalist economy is ranked seventh in the largest economies in the world. The average income in Italy is approximately $3,500 (U.S Dollars). According to The Economist Italy holds the eighth spot in the list of countries with the best qualities of life. About 67% of the population lives in urban Italy. Only 33% of the population lives in rural Italy. Major industries in Italy include the Gold. Italy has the world's fourth largest gold reserve. Italy also has a very competitive role in the agricultural industry. The automobile industry is also a major contributor to Italy's economy. Italy ranks fifth largest in automobile producers in Europe. Tourism is also a leading and rapidly growing industry in Italy.



Another major unifying force of the Italian nation is its language. Italy's official language is Italian. More than 93% of the population of Italy speaks some form of Italian. More than 50% of the population also speaks some form of regional dialect such as Friulian. Regional dialects are not however considered seperate languages. Some language minorities of Italy include Ladin, Solvene, and German.


