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Food And Economy.pptx

26 Mar 2023
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Food And Economy.pptx

  1. English Speaking Societies American Food and Economy Juan Pablo Septiandi David Ratupa Faisal Hadi
  2. Traditional American Foods Hot dogs BBQ Apple pie Pizza Hamburger Nashville Chicken Mac & Cheese Meat loaf Buffalo Wings Chicken Waffle Smores Grilled Cheese
  3. Economy of USA The United States is a highly developed mixed-market economy and has the world's largest nominal GDP and net wealth. It has the second-largest by purchasing power parity (PPP) behind China.It has the world's seventh- highest per capita GDP (nominal) and the eighth-highest per capita GDP (PPP) as of 2022.US share of Global economy is 15.78% in PPP terms in 2022. The United States has the most technologically powerful and innovative economy in the world. Its firms are at or near the forefront in technological advances, especially in artificial intelligence, computers, pharmaceuticals, and medical, aerospace, and military equipment.The U.S. dollar is the currency most used in international transactions and is the world's foremost reserve currency, backed by its economy, stable government, and military, its role as the reference standard for the petrodollar system, and its linked eurodollar and large U.S. treasuries market.
  4. Several countries use it as their official currency and in others it is the de facto currency.The largest U.S. trading partners are China, the European Union, Canada, Mexico, India, Japan, South Korea, the United Kingdom, and Taiwan.The U.S. is the world's largest importer and second- largest exporter.It has free trade agreements with several countries, including the USMCA, Australia, South Korea, Switzerland, Israel and several others that are in effect or under negotiation.The nation's economy is fueled by abundant natural resources, a well-developed infrastructure, and high productivity.It has the second-highest total- estimated value of natural resources, valued at US$ 44.98 trillion in 2019, although sources differ on their estimates.
  5. Great Depression The Great Depression was period of worldwide economic depression between 1929 and 1939. The Depression became evident after a major fall in stock prices in the United States.The economic contagion began around September 1929 and led to the Wall Street stock market crash of October 24 (Black Thursday). The economic shock impacted most countries across the world to varying degrees. It was the longest, deepest, and most widespread depression of the 20th century.Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession.Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II.
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