2. FIRSTLY WE WILL CLEAR YOU THE
CONCEPT OF ECONOMIC SYSTEM
AN ECONOMIC SYSTEM IS THE COMBINATION OF
THE VARIOUS AGENCIES OR EVEN SECTORS.
THEY PROVIDE THE ECONOMIC STRUCTURE
THAT GUIDES THE SOCIAL COMMUNITY .
2
3. FOUR TYPES OF ECONOMIES
TRADITIONAL ECONOMIES
COMMAND ECONOMIES
CAPITALISTIC ECONOMIES
MIXED ECONOMIES
3
4. TRADITIONAL ECONOMIES
• TRADITIONAL ECONOMIES ARE FOUND IN
RURAL , NON DEVELOPED COUNTRIES
• SOME PART OF ASIA , AFRICA , SOUTH AMERICA
AND THE MIDDLE EAST HAVE TRADITIONAL
ECONOMIES
• CUSTOMS GOVERN THE ECONOMIC DECISIONS
THAT ARE MADE
• TECNOLOGIES NOT USED IN TRADITIONAL
ECONOMIES
4
5. CONT…
FARMING , HUNTING ARE DONE IN THE SAME
WAY AS THE GENERATION BEFORE
ECONOMIC ACTIVITIES ARE USUALLY CENTERED
TOWARDS THE FAMILY OR ETHNIC UNIT
MEN AND WOMEN ARE GIVEN DIFFERENT
ECONOMIC ROLES AND TASKS
5
6. COMMAND ECONOMIES
THE GOVERNMENT OR OTHER CENTRAL
AUTHORITY MAKES DECISIONS AND
DETERMINES HOW RESOURCES WILL BE USED
CHANGE CAN OCCUR RELATIVELY EASILY
LITTLE INDIVIDUAL FREEDOM
NO COMPETITION
BUSINESSES ARE NOT RUN TO CREATE A PROFIT
6
7. CONT….
CONSUMERS HAVE FEW CHOICES
SHORTAGES DUE TO POORLY RUN FACTORIES
AND FARMS
GOVERNMENT DICTATES THE JOB IN WHICH YOU
WORK
GOVERNMENT SETS THE PRICE OF GOODS AND
SERVICES
EXAMPLES – CUBA , CHINA
7
8. CAPITALISTIC ECONOMIES
RESOURCES ARE OWNED AND CONTROLLED BY
INDIVIDUALS
ECONOMIC DECISIONS MADE BY INDIVIDUALS
COMPETING TO EARN PROFITS
INDIVIDUAL FREEDOM CONSIDERED VERY
IMPORTANT
DECISIONS MADE BY THE BASIC PRINCIPELS OF
SUPPLY AND DEMAND
PROFIT IS MOTIVE
COMPETITION AMONG BUSINESSES
COMPETITION DETERMINES PRICE
8
9. MIXED ECONOMIES
GOVERNMENT AND INDIVISUALS SHARE THE
DECESION MAKING PROCESS.
GOVERNMENT GUIDES AND REGULATES
PRODUCTION OF GOODS AND SERVICES
OFFERED.
INDIVISUALS OWN MEANS OF PRODUCTION.
PROTECTS CONSUMERS AND WORKERS FROM
UNFAIR POLICIES.
MOST EFFECTIVE ECONOMY FOR PROVIDING
GOODS AND SERVICES.
9
11. STATISTICAL ANALYSIS
GDP- $2.055 TRILLION
GDP GROWTH-1.1%
GDP PER CAPITA-$35435
GDP BY SECTOR-
AGRICULTURE(1.8%),INDUSTRY(24.9%),SERVICES(73.3%
)
INFLATION-1.4%
LABOUR FORCE-25.05 MILLION
LABOUR FORCE BY OCCUPATION-
SERVICES(65.1%),INDUSTRY-
(30.7%),AGRICULTURE(4.2%)
UNEMPLOYMENT-8.4%
11
12. MAIN INDUSTRIES
TOURISM
COMMUNICATION
MACHINERY
STEEL
CHEMICALS
MOTOR VEHICLES
TEXTILES
CLOTHING
FASHION INDUSTRY
12
15. PUBLIC FINANCE
PUBLIC DEBT-118%OF GDP
REVENUES-$960.1BILLION
EXPENSES-$1.068TRILLION
FOREIGN RESERVES-US$165.796BILLION
15
16. FACTS AND FIGURES OF ITALY
IT HAS DIVERSIFIED INDUSTRIAL ECONOMY
HIGH GDP PER CAPITA
DEVELOPED INFRASTRUCTURE
16
17. FINANCIAL AND BANKING SYSTEM
• BANKING IN ITALY HAS AN AVERAGE
ASSETS/LIABILITIES RATIO OF 12-1
• BANK’S SHORT TERM LIABILITIES ARE EQUAL TO
86% OF GDP
17
18. ACHIEVEMENTS IN THE BASKET OF
ITALY
LEADING COUNTRY IN WORLD TRADE AND
EXPORT
ENJOYS VERY HIGH STANDARD OF LIVING
8TH HIGHEST QUALITY OF LIFE
4TH LARGEST GOLD RESERVE
WORLDS LARGEST WINE PRODUCER
CREATIVE AND HIGH QUALITY AUTOMOBILE
18
19. WEAKNESS OF ECONOMY
LACK OF INFRASTRUCTURE DEVELOPMENT
LACK OF MARKET REFORMS
LACK OF RESEARCH INVESTMENT
HIGH PUBLIC DEFICIT
HIGH RATE OF CORRUPTION
19
21. STATISTICAL ANALYSIS
GDP - $2.113 TRILLION
GDP GROWTH – 1.6%
GDP PER CAPITA -$38016
GDP BY SECTOR – AGRICULTURE(2.1%) ,
INDUSTRY(19%) , SERVICES (78.9%)
INFLATION (CPI) – 1.5%
LABOUR FORCE -28.21 MILLION
LABOUR FORCE BY OCCUPATION – SERVICES
(71.8%) , INDUSTRY (24.3%) , AGRICULTURE (3.8%)
UNEMPLOYMENT – 9.6%
21
25. PUBLIC FINANCES
PUBLIC DEBT – 83.5% OF GDP
REVENUES - $1.241TRILLION
EXPENSES - $1.441 TRILLION
FOREIGN RESERVES – US $ 191.689 BILLION
25
26. OVERVIEW OF FRANCE ECONOMY
FRANCE RANKS 4TH IN THE FORTUNE GLOBAL 500
AXA – WORLDS LARGEST INSURANCE COMPANY
AIR FRANCE – WORLDS LARGEST AIRLINE
COMPANY IN INCOMES
2ND LARGEST RECIPIENT OF FDI
26
27. SECTORS OF ECONOMY
INDUSTRY
ENERGY
AGRICULTURE
TOURISM-THE PALACE OF VERSAILLES IS ONE OF
THE MOST POPULAR TOURIST DESTINATION IN
FRANCE
WEAPONS INDUSTRY
27
29. STATISTICAL ANALYISIS
GDP-$2.25 TRILLION
GDP GROWTH-0.2%
GDP PER CAPITA-$36,120
GDP BY SECTOR-
AGRICULTURE(0.9%),INDUSTRY(22.1%),SERVICES(7
7.1%)
INFLATION(CPI)-4.5%(AUG 2011)
LABOUR FORCE-31.45 MILLION
UNEMPLOYMENT-8.1%
29
30. MAIN INDUSTRIES
AGRICULTURE
FISHING
CONSTRUCTION
ELETRICITY,GAS AND WATER SUPPLY
MANUFACTURING
MINING
SERVICES
EDUCATION ON HEALTH
FINANCIAL SERVICES
HOTELS AND RESTAURANTS
TOURISM
TRANSPORT
REAL ESTATE
30
33. PUBLIC FINANCES
PUBLIC DEBT-76.5% OF GDP
REVENUES- £514.6 BILLION
EXPENSES- £669.3 BILLION
FOREIGN RESERVES-$66.72 BILLION
33
34. UK’S GROWTH –WHERE IT COMES
FROM
AEROSPACE INDUSTRY-2 ND LARGEST
PHARMACEUTICAL INDUSTRY
NORTH SEA OIL AND GAS RESERVE-ESTIMATED
VALUE £250 BILLION
34
35. ACHIEVEMENTS IN THE BASKET OF
U.K.
ORGANISATION FOR ECONOMIC CO-OPERATION
AND DEVELOPMENT
WORLD BANK
WORLD TRADE ORGANISATION(WTO)
UNITED NATIONS
35
36. FINANCIAL AND BANKING SYSTEM
BANK OF ENGLAND-CENTRAL BANK(ISSUING
CURRENCY)
POUND STERLING IS ALSO USED AS RESERVE
CURRENCY BY OTHER GOVT. AND INSTITUTIONS
36
37. BRAZIL…7thnd largest economy in
the world
7TH LARGEST BY NOMINAL GDP AND 8TH
LARGEST BY PURCHASING POWER PARITY
ECONOMIC SYSTEM OF BRAZIL-
EXPORT MANUFACTURED AND SEMI
MANUFACTURED GOODS(60%)
38. STATISTICAL ANALYSIS OF BRAZIL
1. GDP- $2.09 trillion
2. GDP GROWTH- 7.5%(2010)
3. GDP PER CAPITA- $10471(2010)
4. GDP BY SECTOR-
INDUSTRY(26.8%),SERVICES(67.4%),AGRICULTURE(5.8%)
5. INFLATION(CPI)- 4.44%(AUG2010)
6. LABOUR FORCE- 103.6 million
7. LABOUR FORCE PARTNERS-
AGRICULTURE(20%),INDUSTRY(14%),SERVICES(66%)
8. UNEMPLOMENT- 5.7%(2010)
39. MAIN INDUSTRIES
AEROLPANES
STEEL, IRON ORE, COAL
MACHINE BUILDING, ARMAMANTS, TEXTILE
and APPARALS PETROLEUM, CEMENTS,
CHEMICALS,FERTILZERS, CONSUMER PRODUCTS
INCLUDING FOOTWEAR , TOYS, AND
ELECTRONICS,FOOD
PROCESSING,TRANSPORTATION, EQUIPMENTS
INCLUDING AUTOMOBILES ,RAIL CARS AND
LOCOMOTIVE SHIPS AND AIRCRAFT, electronics
40. EXTERNAL STATISTICS(EXPORTS)
EXPORTS-US$201.9 BILLION
EXPORT GOODS- TRANSPORT EQUIPMENT ,
MACHINERY,STEEL, AIRPLANES,
PAPER,ELECTRIC, MACHINERY,IRON ORE,
SOYBEANS, FOOTWEAR, COFFEE, AUTOS,
AUTOMOTIVE PARTS, MACHINERY
EXPORT PARTNERS- CHINA 15.3% , US 9.6% ,
ARGENTINA 9.2%, NETHERLAN 5.1%, GERMANY
4.0%(2010)
41. EXTERNAL STATISTICS(IMPORTS)
IMPORTS-US$ 187.7BILLION
IMPORT GOODS-MACHINERY, ELECTRICAL AND
TRANSPORT EQUIPMENT ,CHEMICAL PRODUCTS,
OIL, AUTOMOTIVE PARTS, ELECTRONICS
IMPORTPARTNERS –US 15.0%,CHINA 14.1%,
ARGENTINA 7.9%, GERMANY 6.9%,JAPAN 3.8%
42. FACTS AND FIGURES OF BRAZIL’S
ECONOMY
FASTEST GROWING MAJOR ECONOMY-GROWTH
RATES AT 5%
PREDICTED TO BECOME ONE OF THE FIVE
LARGEST ECONOMIES OF THE WORLD
SERVICE SECTOR IS THE LARGEST COMPONENT
OF GDP
SECOND LARGEST BIGGEST INDUSTRIAL SECTOR
IN AMERICAS.
43. PUBLIC FINANCE
PUBLIC DEBT- 41.4% OF GDP
REVENUES- $464.4 BILLION
EXPENSES- $552.6 BILLION
FOREIGN RESERVES- $350 BILLION(sept 2011)
45. STATISTICAL ANALYSIS
GDP-1.456 TRILLION
GDP GROWTH-4.9%
GDP PER CAPITA-$10521
GDP BY SECTOR-
AGRICULTRE(4%),INDUSTRY(36.8%),SERVICES(59.1%)
INFLATION(CPI)-6.7%
LABOUR FORCE-75.55 MILLION
LABOUR FORCE BY OCCUPATION-
AGRICULTURE(10%),INDUSTRY(31.9%),SERVICES(58.1%)
UNEMPLOYMENT-6.7%
45
46. MAIN INDUSTRIES
MINING AND EXTRACTIVE INDUSTRY
OIL,GAS AND CHEMICAL
METAL
ROAD AND RAIL TRANSPORTATION
COMMUNICATION EQUIPMENT
AGRICULTURE MACHINERY
TRACTORS
MEDICAL AND SCIENTIFIC INSTRUMENTS
TEXTILES
FOOD STUFF
46
49. PUBLIC FINANCES
PUBLIC DEBT-9.5%OF GDP
REVENUES-$202.7BILLION
EXPENSES-$301.4BILLION
FOREIGN RESERVES-US$502.496 BILLION
49
50. ACHIEVEMENTS DUE TO ECONOMY
ABUNDANCE OF NATURAL GAS,OIL
ABUNDANCE OF COAL
ABUNDANCE OF PRECIOUS METAL
RICH IN AGRICULTURE
NOT MUCH AFFECTED BY RECESSION
50
51. MAJOR REFORMS DUE TO
MR.VLADIMIR PUTIN
GDP DOUBLED CLIMBING FROM 22ND TO 11TH
LARGEST
MAKING IT 6TH LARGEST ECONOMY IN THE
WORLD
INDUSTRY GREW BY 75%
INVESTMENT INCREASED BY 125%
REAL INCOME DOUBLED
51
52. RUSSIA’S ECONOMIC GROWTH
ARM SALES INCREASED
IT INDUSTRY GROWTH
3RD BIGGEST DESTINATION FOR OUTSOURCING
SOFTWARE
CIVILIAN AEROSPACE INDUSTRY HAS
DEVELOPED(SUKHOI SUPERJET)
52
53. GERMANY…5th largest economy in
the world
SOCIAL MARKET ECONOMY
SINCE INDUSTRIALISATION, THE COUNTRY HAS
BEEN A DRIVER , INNOVATOR.
EXPORTS ACCOUNT FOR MORE THAN ONE THIRD
OF NATIONAL OUTPUT
FIFTH LARGEST CONSUMER OF ENERGY
TRANSPORTATION HUB(CENTRAL POSITION IN
EUROPE)
54. FACTS AND FIGURES OF
GERMANY’S ECONOMY
POOR IN RAW MATERIALS
SECOND LARGEST EXPORTER WITH $1.120
TRILLION (2009)
OIL AND NATURAL GAS ND OTHER RESOURCES
ARE IMPORTED
55. STATISTICAL ANALYSIS OF
GERMANY
1. GDP- $3.306trillion
2. GDP GROWTH- 3.6%(2010)
3. GDP PER CAPITA- $44.729(2010)
4. GDP BY SECTOR-
INDUSTRY(27.9%),SERVICES(71.3%),AGRICULTURE(0.8%)
5. INFLATION(CPI)- 1.3%( OCT2010)
6. LABOUR FORCE- 43.51 million
7. LABOUR FORCE PARTNERS-
AGRICULTURE(2.4%),INDUSTRY(29.7%),SERVICES(67.8%)
8. UNEMPLOMENT- 6.0%( AUG2010)
56. MAIN INDUSTRIES
IRON ,STELL, COAL
CEMENT, CHEMICALS
MACHINERY, VEHICLES,
MACHINE TOOLS
ELECTRONICS,
FOOD AND BEVERAGES
SHIPBUILDING,TEXTILES
57. IMPACT OF RISE IN ECONOMY
MODERNISATION AND INTERGRATION
SCHEDULTED TO LAST TILL 2019 .
ANNUAL TRANSFER FROM WEST TO EAST IS$180
BILLION.
UNEMPLOYMENT RATE FCONSISTENTLY FALLEN
SINCE 2005 AND REACHED 15 YEAR LOW IN JUNE
2008
58. EXTERN AL STATISTICS(EXPORTS)
EXPORTS- 1.46 TRILLION
EXPORT GOODS- MACHINERY ,VEHICLES,
CHEMICALS, METALS, AND
MANUFACTURES,FOODSTUFF, TEXTILE
EXPORT PARTNERS- CHINA 8.2 % , US 5.9% ,
FRANCE 8.2%, NETHERLAND 8.5%, ITALY 5.9%,U.K
4.9%, BELGIUM 4.3%, AUSTRAI 4.3%,
SWITZERLAND 4.2%(2009)
64. STATISTICAL ANALYSIS
GDP -$ 4.042 TRILLION
GDP GROWTH – 9.0%
GDP PER CAPITA -$ 3700
GDP BY SECTOR – AGRICULTURE (19.9%)
INFLATION (CPI) – 5.3%
LABOUR FORCE _ 509.3 MILLION
LABOUR FORCE BY OCCUPATION – AGRICULTURE
(60%) , INDUSTRY (12%) , SERVICES (28%)
UNEMPLOYMENT _ 7.8%
64
68. PUBLIC FINANCE
PUBLIC DEBT -$ 132.1 BILLION
REVENUES -$109.4 BILLION
EXPENSES – $ 143.8 BILLION
68
69. OVERVIEW OF INDIAN ECONOMY
2ND FASTEST GROWING ECONOMY
ECONOMY IS DIVERSE
2/3RD OF INDIAN WORKFORCE EARN LIVELIHOOD
DIRECTLY OR INDIRECTLY THROUGH AGRICULTURE
LARGE EDUCATED YOUTH IS ACTING AS AN
IMPORTANT “ BACK –OFFICE” DESTINATION FOR
GLOBAL COMPANIES
BASICALLY FOLLOWING THE POLICY OF LPG MADE
UP IN EARLY 1990S
THE B.S.E IS ONE OF THE LARGEST STOCK MARKETS
IN INDIA.ITS INDEX IS USED TO GAUGE THE
STRENGTH OF THE INDIAN ECONOMY
69
70. BANKING AND FINANCE
TYPES OF BANKS
1. PUBLIC BANKS - 27
2. PRIVATE BANKS - 40
3. COOPERATIVE BANKS
4. FINANCIAL INSTITUTIONS
• TOTAL DEPOSITS ARE 1360724 CRORES
• PROFITABILITY OF BANKS IS 15%
70
71. WHY INDIAN ECONOMY IS
SUFFERING?
CORRUPTION
UNEMPLOYMENT
REGIONAL IMBALANCES
71
72. FORIEN DIRECT INVESTMENT IN
INDIA
MOST PREFFERD DESTINATION
STRENGTH IN I.T. , CHEMICAL , APPAREL,
JEWELLRY. ETC
ALWAYS HELD PROMISE FOR GLOBAL INVESTORS
LARGE POOL OF SKILLED MANAGERIAL AND
TECHNICAL EXPERTIES
F.D.I POLICY (2005) ALLOWS UPTO 100% FDI
STAKE IN VENTURES
72
74. STATISTICAL ANALYSIS
GDP-$5.458 TRILLION
GDP GROWTH-0.3%
GDP PER CAPITA-$42,820
GDP BY SECTOR-
AGRICULTURE(1.5%),INDUSTRY(22.3%),SERVICES(75.7%
)
INFLATION(CPI)-0.3%
LABOUR FORCE-65.64 MILLION
LABOUR FORCE BY OCCUPATION-
AGRICULTURE(4%),INDUSTRY(28%),SERVICES(68%)
UNEMPLOYEMENT-4.7%
74
78. PUBLIC FINANCE
PUBLIC DEBT-$10.55 TRILLION
REVENUES-$1.638 TRILLION
EXPENSES-$2.16 TRILLION
FOREIGN RESERVES-US$1.154 TRILLION
78
79. CHINA…2nd largest economy in the
world
ECONOMIC SYSTEM OF CHINA-COMMUNIST
(BEST EXAMPLE OF STATE CAPITALISM TODAY)
CHINA’S FOREIGN TRADE GROWN FASTER THAN
ITS GDP FOR PAST 25 YEARS
79
80. FACTS AND FIGURES OF CHINA’S
ECONOMY
FASTEST GROWING MAJOR ECONOMY-GROWTH
RATES (10% APP..)FROM PAST 30 YEARS
LARGEST EXPORTER OF GOODS
SECOND LARGEST IMPORTER OF GOODS
80
81. STATISTICAL ANALYSIS OF CHINA
1. GDP- $5.93 trillion
2. GDP GROWTH- 10.40%
3. GDP PER CAPITA- $4382
4. GDP BY SECTOR-
INDUSTRY(46.8%),SERVICES(43.6%),AGRICULTURE(9.
6%)
5. INFLATION(CPI)- 4.9%
6. LABOUR FORCE- 780 million
7. LABOUR FORCE PARTNERS-
AGRICULTURE(39.5%),INDUSTRY(27.2%),SERVICES(33.
2%)
8. UNEMPLOMENT- 4.2%
81
82. MAIN INDUSTRIES
MINING AND ORE PROCESSING
IRON,STEEL,ALUMINIUM AND OTHER METALS
COAL,PETROLEUM
TEXTILES AND APPAREL
CHEMICALS,FERTILIZERS
TRANSPORT EQUIPMENTS(AUTOMOBILES,RAIL
CAR,LOCOMOTIVES,SHIPS AND AIRCRAFT)
TELECOMMUNICATIONS EQUIPMENT
CONSUMER
PRODUCTS(FOOTWEAR,TOYS,ELECTRONICS)
COMMERCIAL SPACE LAUNCH VEHICLES,SATELLITES
82
83. IMPACT OF RISE IN ECONOMY
LEAD TO STEADY GROWTH IN
INVESTMENT,CONSUMPTION AND STANDARD OF
LIVING.
POVERTY RATE FELL FROM 53%(1987)TO
2.5%(2010)
INFANT MORTALITY RATE FELL BY 39.5%(1990-
2010)
ACCESS TO TELEPHONES ROSE TO 94-FOLD TO
57.1%
83
84. EXTERNAL STATISTICS(EXPORTS)
EXPORTS-US$1.581 TRILLION
EXPORT GOODS-ELECTRICAL AND OTHER
MACHINERY,INCLUDING DATA PROCESSING
EQUIPMENT,APPAREL,TEXTILE,IRON AND
STEEL,OPTICAL AND MEDICAL EQUIPMENT
MAIN EXPORT PARTNERS-US-20.03%,HONKONG-
12.03%,JAPAN-8.32%,SOUTH KOREA-
4.55%,GERMANY-4.27%
84
85. EXTERNAL STATISTICS(IMPORTS)
IMPORTS-US$1.327 TRILLION
IMPORT GOODS-ELECTRICAL AND OTHER
MACHINERY,OIL AND MINERAL FUELS,OPTICAL
AND MEDICAL EQUIPMENTS,METAL
ORES,PLASTICS,ORGANIC CHEMICALS
MAIN IMPORT PARTNERS-
JAPAN(12.27%),HONGKONG(10.06%),SOUTH
KOREA
(9.04%),US(7.66%),TAIWAN(6.84%),GERMANY(5.54
%)
85
86. PUBLIC FINANCE
PUBLIC DEBT- 17.5% OF GDP
REVENUES- $1.149 TRILLION
EXPENSES- $1.27 TRILLION
FOREIGN RESERVES- $3.20 TRILLION
86
87. CHINA’S GROWTH-WHERE IT
COMES FROM
PRIVATE SECTOR
INFRASTRUCTURE
HEAVY INDUSTRIES
EXPANSION IN LIGHT INDUSTRY
PUBLIC SECTOR
UTILITIES
HEAVY INDUSTRIES
ENERGY RESOURCES
87
88. PROBLEMS WITH THE ECONOMY
CORRUPTION
ECONOMIC CRIMES
UNEMPLOYMENT
ENVIRONMENTAL DEGRADATION
LACK OF YOUTH LABOUR FORCE
INFLATION
88
89. FINANCIAL AND BANKING SYSTEM
FINANCIAL INSTITUTIONS-STATE OWNED
CHIEF INSTRUMENT OF FINANCIAL AND FISCAL
CONTROL-PEOPLE’S BANK OF CHINA,MINISTRY OF
FINANCE
CHINA DEVELOPMENT BANK-FUNDS ECONOMIC
DEVELOPMENT AND DIRECT FOREIGN INVESTMENT
AGRICULTURE BANK OF CHINA(FUNDS FOR
AGRICULTURE SECTOR)
CHINA CONSTRUCTION BANK
INDUSTRIAL AND COMMERCIAL BANK
89
90. US…1st largest economy in the
world
1ST LARGEST BY NOMINAL GDP AND 5TH LARGEST BY
PURCHASING POWER PARITY
CAPITALIST ECONOMY
LOW LEVEL OF REGULATION AND GOVERNMENT
INVOLVEMENT.
PRIVATE SECTOR TO MAKE THE MAJORITY OF
ECONOMIC DECISION IN DETERMINING THE SCALE
OF WHAT THE US ECONOMY PRODUCES
91. FACTS AND FIGURES OF US
ECONOMY
GDP PER CAPITA IS HIGHER THAN MOST OTHER
DEVELOPED COUNTRIES.
THE LABOR MARKET HAS ATTRACTED
IMMIGRANTS FROM ALL OVER THE WORLD
NET MIGRATION RATE IS HIGHEST
92. STATISTICAL ANALYSIS OF US
1. GDP- $15.027 trillion(2011)
2. GDP GROWTH- 3.0%(2010)
3. GDP BY SECTOR-
INDUSTRY(21.9%),SERVICES(76.9%),AGRICULTUR
E(1.2%)
4. INFLATION(CPI)- 3.8%( AUG2010)
5. LABOUR FORCE- 154.5million
6. UNEMPLOMENT- 9.1 %( oct 2011)
94. IMPACT OF RISE IN ECONOMY
LEAD TO STEADY GROWTH IN
INVESTMENT,CONSUMPTION AND STANDARD OF
LIVING.
POVERTY RATE FELL FROM 53%(1987)TO 2.5%(2005)
INFANT MORTALITY RATE FELL BY 39.5%(1990-2005)
ACCESS TO TELEPHONES ROSE TO 94-FOLD TO 57.1%
95. EXTERN AL STATISTICS(EXPORTS)
EXPORTS- 1.46 TRILLION
EXPORT GOODS- AGRICULTURE PRODUCTS,
INDUSTRIAL SUPPLIES, CAPITAL GOODS( MOTOR
VEHICLES PARTS, COMPUTERS), CONSUMER
GOOD(AUTOMOBILES,MEDICINES)
EXPORT PARTNERS- CANADA 13.2%,MEXICO 8.3%,
CHINA 4.3%, JAPAN 3.3%