United States MHS Economics.

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Presentation transcript:

United States MHS Economics

United States Statistics

Natural Resources Coal Copper Lead

Population 307.2 million World ranking = 3rd

Median Age 36.7 years

Education Literacy rate = 99% Education expenditures = 5.3% of GDP (2005) World ranking = 57

Government/Economic System Constitution-based federal republic Strong democratic tradition Capitalist free enterprise economy

GDP Purchasing power parity = $14.25 trillion World ranking = 2nd Real growth rate = -2.4% World ranking = 151st Per capita = $46,400 World ranking = 10th

Unemployment 9.4% World ranking = 108th

Population Below Poverty Line 12% (2004)

Public Debt | external 39.7% of GDP World ranking = 66th

Inflation Rate -.7% World ranking = 11th

Leading Industries Petroleum Steel Motor vehicles

Exports Dollar value = $994.7 billion World ranking = 4th Top 3 items Capital goods Industrial supplies Organic chemicals Consumer goods Automobiles Medicines Transistors Computers Aircraft Telecommunications equipment Motor vehicle parts

Imports Dollar value = $1.445 trillion World ranking = 2nd Top 3 items Industrial supplies Crude oil Consumer goods Capital goods Automobiles Furniture Medicines Clothing Toys Computers Motor vehicles parts Telecommunications equipment

Currency/Exchange Rate Currency name: dollar Exchange rate per U.S. dollar = 1:1

International Trade Agreements

Other Relevant Economic Facts if you don’t have any, delete this slide

Analysis Ability to Compete

Challenges Facing Developing Countries choose 3; how does your country deal with these issues domestically and/or internationally? if a 2nd slide is needed for this topic, add one

Organizations Country name belongs to the following organizations: WTO IMF World Bank UN NAFTA G20 G10

Organization Assistance you will complete this slide OR the next one, not both does your country receive monetary assistance? identify & describe what that money is being used for in your country choose 2 organizations & give 1 example from each

Organization Assistance you will complete this slide OR the previous one, not both does your country provide aid to other countries through these organizations? identify & describe who that money is being donated to are there demands or guidelines for the money being used? choose 2 organizations & give 1 example from each

Analysis the Big Picture

Comparative Advantage/Disadvantage Based on your research, discuss this country’s comparative advantage/disadvantage in the global market. Discuss items such as specialization, resources, factors of production and monetary aid.

Sources https://www.cia.gov/library/publications/the-world- factbook/index.html http://www.Economist.com http://www.un.org/en/ http://www.worldbank.org/ http://www.wto.org/ http://www.imf.org/external/index.htm