Paris

Economy

The French currency is called the franc, with 100 centimes to the franc. The economy of Paris is comprised of high finance, banking, and luxury tourist goods. The Champs Elysées and neighboring streets house many high-fashion couturiers (designers), parfumiers (perfume shops), and other luxury items. Universities, museums, and cafés cater to tourists and residents alike. Government employees are numerous as France is a bureaucratic country. France is also a member of the European Economic Community.