THE UNITED STATES IN THE 1990’S

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Presentation transcript:

THE UNITED STATES IN THE 1990’S C H A P T E R 26 THE UNITED STATES IN THE 1990’S 1/2/2019 CH 26 - THE U.S.A. IN TODAY'S WORLD

CH 26 - THE U.S.A. IN TODAY'S WORLD S E C T I O N 2 THE NEW GLOBAL ECONOMY 1/2/2019 CH 26 - THE U.S.A. IN TODAY'S WORLD

CH 26 - THE U.S.A. IN TODAY'S WORLD “ECONOMIC CHURN” CHANGES IN JOBS DUE TO “PROGRESS” 1960-1980’S MANUFACTURING JOBS TO SERVICE JOBS 1/2/2019 CH 26 - THE U.S.A. IN TODAY'S WORLD

CH 26 - THE U.S.A. IN TODAY'S WORLD 1/2/2019 CH 26 - THE U.S.A. IN TODAY'S WORLD

CH 26 - THE U.S.A. IN TODAY'S WORLD 1/2/2019 CH 26 - THE U.S.A. IN TODAY'S WORLD

CH 26 - THE U.S.A. IN TODAY'S WORLD 1/2/2019 CH 26 - THE U.S.A. IN TODAY'S WORLD

CH 26 - THE U.S.A. IN TODAY'S WORLD THE SERVICE ECONOMY NON-PROFESSIONAL LOWER PAYING RETAIL SALES FOOD INDUSTRY PROFESSIONAL SPECIALIZED TRAINING MEDICAL TECHNICAL MANAGERIAL 1/2/2019 CH 26 - THE U.S.A. IN TODAY'S WORLD

CH 26 - THE U.S.A. IN TODAY'S WORLD 1/2/2019 CH 26 - THE U.S.A. IN TODAY'S WORLD

CH 26 - THE U.S.A. IN TODAY'S WORLD HIGH – TECH INDUSTRIES REPLACED FACTORIES AND ASSEMBLY LINES “KNOWLEDGE WORKERS” SPECIALIZED SKILLS CUT – BACKS POST ‘90S 1/2/2019 CH 26 - THE U.S.A. IN TODAY'S WORLD

CH 26 - THE U.S.A. IN TODAY'S WORLD 1/2/2019 CH 26 - THE U.S.A. IN TODAY'S WORLD

CH 26 - THE U.S.A. IN TODAY'S WORLD THE GLOBAL ECONOMY FEWER WORLD TARIFFS WORLD TRADE ORGANIZATION OVERSEAS MANUFACTURING LOWER LABOR COSTS MORE CONSUMER GOODS @ LOWER PRICES “OUTSOURCING” SERVICE JOBS 1/2/2019 CH 26 - THE U.S.A. IN TODAY'S WORLD

WTO – WORLD TRADE ORGANIZATION Members Observers Others 1/2/2019 CH 26 - THE U.S.A. IN TODAY'S WORLD

DOLLAR AMOUNT IN FOREIGN TRADE PER PERSON - 2003 $0-$250 $251–$999 $1000-$4999 $>$5000 NO DATA 1/2/2019 CH 26 - THE U.S.A. IN TODAY'S WORLD

CH 26 - THE U.S.A. IN TODAY'S WORLD 1/2/2019 CH 26 - THE U.S.A. IN TODAY'S WORLD

THE U.S. HAS A GROWING TRADE DEFICIT 1/2/2019 CH 26 - THE U.S.A. IN TODAY'S WORLD

WHO THE U.S. HAS A TRADE DEFICIT WITH 1/2/2019 CH 26 - THE U.S.A. IN TODAY'S WORLD

CH 26 - THE U.S.A. IN TODAY'S WORLD 1/2/2019 CH 26 - THE U.S.A. IN TODAY'S WORLD

CH 26 - THE U.S.A. IN TODAY'S WORLD 1/2/2019 CH 26 - THE U.S.A. IN TODAY'S WORLD

TYPE OF GOODS CAUSE THE U.S. TRADE DEFICIT 1/2/2019 CH 26 - THE U.S.A. IN TODAY'S WORLD

UNITED STATES Position Average US Salary* Payroll Taxes  &  Other Overheads* Total Cost to Company* Total Cost if Outsourced Net Savings per year per Employee* Technical Support Engineer $40,000 $9,200 $49,200 $29,500 $19,700 Sales Representative $50,000 $11,500 $61,500 $37,000 $24,500 Telemarketing Executive $22,000 $5,000 $27,000 $16,200 $10,800 Accountant Software Engineer $70,000 $16,100 $86,100 $51,500 $34,600 Content Writer/ Editor Web Developer $58,500 $13,400 $71,900 $43,000 $28,900 Payroll Clerk $38,000 $8,700 $46,700 $28,000 $18,700 1/2/2019 CH 26 - THE U.S.A. IN TODAY'S WORLD

Gross Domestic Product per Capita 1. Luxembourg 69,800 2. Norway 42,364 3. United States 41,399 4. Ireland 40,610 5. Iceland 35,586 6. Denmark 34,737 7. Canada 34,273 8. Austria 33,615 9. Hong Kong, SAR 33,411 10. Switzerland 32,571 179. Malawi 596 1/2/2019 CH 26 - THE U.S.A. IN TODAY'S WORLD

CH 26 - THE U.S.A. IN TODAY'S WORLD 1/2/2019 CH 26 - THE U.S.A. IN TODAY'S WORLD

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