The United States and Canada The US and Canada are major exporters of: TTTTechnology CCCConsumer goods IIIInformation Systems FFFFoodstuffs Seaman- RHS
The Developed World of the US and Canada The US and Canada have a highly developed infrastructure: Along with diverse economies: WWWWheat to automobiles CCCComputers to oil WWWWorld trade to lumber
Both Countries have vast Resources: Minerals: GGGGold, Coal, Copper, Iron Ore Energy resources: NNNNuclear, Hydro, Wind Forests: DDDDeciduous, Coniferous Forests
Global Economic Cooperation Trade with USA, Canada and Mexico NNNNAFTA (North American Free Trade Agreement) PPPPromotes trade and economic growth by allowing free trade between countries Trade and business around the world Multination Corporations: NNNNike, Microsoft, IBM, Coca-Cola CCCCompanies that have owners from or do business in other countries
Center for World Financial Markets Stock Exchanges: The New York Stock Exchange (Wall Street) American Stock Exchange (Chicago) Bull Market is a growing market Bear Market is a Slow market or in a recession
Export of American Culture: We export our culture through the global market place. Cultural Diffusion of American Products Examples: McDonald’s Coca-Cola Music Blue Jeans
Widening Gap between Rich and Poor 33335 Million poor people in US 11114 Million of those are children 1111 Billion pounds of food wasted in the USA each year PPPPoverty threshold for a family of three is $13,003 in annual income