USA Facts Key Stats
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The document provides information about the history and economy of the United States. It discusses key facts about the US such as Washington DC being the capital and Barack Obama being the current president. It also describes major economic events like the Renaissance period, the American Revolution, the 1920s prosperity and the Great Depression. The Great Depression was caused by overproduction, bank failures after the 1929 stock market crash, and unemployment overwhelming the economy.
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USA Facts Key Stats
- 2. U.S.A. Facts • Washington is the capital of the USA . • New York is the biggest city. • The official language in USA is American English. • The president of the USA is Barack Obama. • The surface of USA is 9.8 million km2 • 307.000.000 people live in the USA. • It’s the 3rd most populated and 3rd largest country by size.
- 5. Back to the RENAISSANCE Europe came out of the Middle Ages with the “re-birth” of learning… The desire for Asian goods led to the Age of Discovery Exploration led to the “discovery” of the New World – the Americas
- 6. The Declaration of Independence • Approved on July 4, 1776 • 1776 – Agricultural economy • 1787-1850s – Constitution economy and Industrial revolution • 1865-1929 – Post-war consumerism
- 8. The 1920s was known as a prosperous time, but not for everyone Installment buying, using credit and paying back in small amounts, was introduced which allowed people to buy cars, radios and other new products of the 1920s. Farmers, however, were in a depression throughout the whole decade.
- 9. October 29, 1929 Sell!! Sell!! Sell!! Sell!! Sell!! Sell!! Sell!! Sell!!
- 10. The 1929 Stock Market Crash! • Analysts warn of an end to the ‘bull market’ (in which prices are constantly rising) • Investors begin to sell stock prices fall companies reduced production • Fortunes lost in a day – Investors lose $4B on the 28th and $16B on the 29th
- 11. Banking Industry Collapse • Families lose savings in crash; banks have little cash left on reserve • Banks lose money loaned to ‘buy on the margin’ (even people who did not invest lost out!) • People default on mortgages due to unemployment
- 12. Overproduction of Industrial and Agricultural Goods
- 13. Overproduction of Industrial Goods • Technological advances change how Americans live and work • In the Roaring 1920s: – Consumer demand is very high – Machine produce quality products quickly – Unrestricted capitalism • By 1929, supply greatly exceeds demand!
- 14. Overproduction of Agricultural Goods • American farmers had prospered during WWI • Use profits to buy machines to produce more • After WWI, demand drops surplus! – Huge supply + Low demand = Low prices
- 15. Farming Industry Decline • Farmers borrowed from bank to buy machinery • Foreclosed on mortgages and other debts • Banks closed due to defaults and stock market • Between 1929 and 1933 farmers’ income 50% • One million families lose their farms by 1934
- 16. Unequal Distribution of Wealth • Gap between the rich and poor widens in the 20s • By 1929 1% of Americans have 59% of the wealth • In the 1920s average American’s wages 9% • In the 1920s income of rich 75%! • Wealth DOES NOT ‘trickle down’ • Consumers in debt ; Cannot afford products Demand drops Companies fail! Unemployment!
- 17. POWER OF GOV’T • Executive: Power to carry out laws – Council of Economic Advisers – Department of the Treasury • Legislative: Power to make laws • Judicial: Power to
- 18. U.S.A. Economy
- 30. REFERENCES http://useconomy.about.com/od/people/p/Pre sident-Barack-Obama-Economic- Policies.htm http://www.ustravel.org/government-affairs/ travel-industry-economic-impact http://www.valuewalk.com/2014/08/argentina -economy/ http://www.usa.gov/Agencies/federal.shtml http://www.tradingeconomics.com/united-states/ wages
- 31. REFERENCES http://www.tradingeconomics.com/united-states/ inflation-cpi http://www.tradingeconomics.com/united-states/gdp http://www.tradingeconomics.com/united-states/gdp-per- capita http://www.tradingeconomics.com/united-states/ unemployment-rate http://www.tradingeconomics.com/united-states/ population http://www.tradingeconomics.com/united-states/ personal-income-tax-rate
- 32. REFERENCES http://mashable.com/2014/05/21/industries-available- jobs/ http://www.marketingcharts.com/online/top- 10-fastest-growing-us-industries-the-internet-makes- its-mark-28968/ http://www.businessinsider.com/americas-fastest- growing-industries-2013-6?op=1 http://www.learner.org/interactives/renaissan ce/exploration_sub.html
Notes de l'éditeur
- The currency of U.S.A dollars to Philippine Peso is 43.83
- The United States is situated between the Pacific and Atlantic Oceans, bordered by Canada to the north and Mexico to the south. The United States is a federation of fifty states and one federal district, Washington, District of Colombia. Forty-eight of the fifty states make up the contiguous United States, and Alaska, while still part of the North American continent, is separated from the lower forty-eight by Canada. The fiftieth state, which entered the union most recently, is Hawaii, a chain of islands located in the Pacific Ocean.
- The total population in United States was last recorded at 317.3 million people in 2013 from 180.7 million in 1960, changing 76 percent during the last 50 years. Population in the United States averaged 246.12 Million from 1960 until 2013, reaching an all time high of 317.30 Million in 2013 and a record low of 180.67 Million in 1960. Population in the United States is reported by the U.S. Census Bureau.
- The Gross Domestic Product (GDP) in the United States was worth 16800 billion US dollars in 2013. The GDP value of the United States represents 27.10 percent of the world economy. GDP in the United States averaged 6145.56 USD Billion from 1960 until 2013, reaching an all time high of 16800 USD Billion in 2013 and a record low of 520.53 USD Billion in 1960. GDP in the United States is reported by the World Bank.
- The Gross Domestic Product per capita in the United States was last recorded at 45863.02 US dollars in 2013. The GDP per Capita in the United States is equivalent to 370 percent of the world's average. GDP per capita in the United States averaged 30895.41 USD from 1960 until 2013, reaching an all time high of 45863.02 USD in 2013 and a record low of 15469.07 USD in 1960. GDP per capita in the United States is reported by the World Bank.
- The ad-supported internet ecosystem contributed about 5% to US GDP in 2011. Fastest-growing US industries all share a common trait: they’re all online-based. Social network game development tops the charts with an annualized growth rate of 134.4% since 2003. The industry is expected to see growth rates averaging 16.9% per year over the next 5 years.
- The inflation rate in the United States was recorded at 2.10 percent in June of 2014. Inflation Rate in the United States averaged 3.33 Percent from 1914 until 2014, reaching an all time high of 23.70 Percent in June of 1920 and a record low of -15.80 Percent in June of 1921. Inflation Rate in the United States is reported by the U.S. Bureau of Labor Statistics.
- Wages in the United States remained unchanged at 10.29 USD in June of 2014 from 10.29 USD in May of 2014. Wages in the United States averaged 10.22 USD from 2006 until 2014, reaching an all time high of 10.41 USD in December of 2008 and a record low of 9.88 USD in July of 2008. Wages in the United States is reported by the U.S. Bureau of Labor Statistics.
- Unemployment Rate in the United States increased to 6.20 percent in July of 2014 from 6.10 percent in June of 2014. Unemployment Rate in the United States averaged 5.83 Percent from 1948 until 2014, reaching an all time high of 10.80 Percent in November of 1982 and a record low of 2.50 Percent in May of 1953. Unemployment Rate in the United States is reported by the U.S. Bureau of Labor Statistics.
- Here are the top 10 industries looking for employees.
- The Personal Income Tax Rate in the United States stands at 35 percent.
- The Corporate Tax Rate in the United States stands at 40 percent.