DGP is a standard meaure of a countrys overall economic output. Its the market value of all final goods and services made within the borders of a country within a year.
Inflation is the rise in the general level of prices of goos and services in an economy over a period of time.
When a developing economy starts growing fast, often richer countries accuse it of cheating by keeping its wages and exchange rate artificially low.
When it comes to imports the UN buys far more products from overseas than china. But in terms of exports the two countries are closely bunched together.
US vs China Economy
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Many people ask "how to become a millionaire" but many people have no idea where to begin. Hopefully studying other people that have made this milestone will help us answer this question. The jnforgeaphic below tries to settle this question by giving statistics from how most people made their millions. 15% of millionaires became so by having high income jobs. A modest and doable path, but with...
Many people ask "how to become a millionaire" but many people have no idea where to begin. Hopefully studying other people that have made this milestone will help us answer this question. The jnforgeaphic below tries to settle this question by giving statistics from how most people made their millions. 15% of millionaires became so by having high income jobs. A modest and doable path, but with...
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In 2006 in Europe we can see that the capita per hour rises incredibly. From under 10$ per hour to 40$
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We live in a world thats shrinking due to communication and technology, yet growing in terms of overall wealth and prosperity. In this graphic, we take a look at a few of the worlds leading nations, in terms of economic conditions for individuals and nations. From the perspective of the UK, one of the oldest economies in the world.The UK treasury just released ist spending review which specifies t...
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Everybody might be working for the weeken, but were also working toward growing our countries economies. Each hour we work contibutes to the gross domestic product. Just take a look in the image which shows the GDP per capita of the countries in the organization of economic co-operation and development, compared to the average numbers of hours worked in each country.
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How to Tip
The money was made from one cow. Cow weigh 1,100lbs before slaughtering. 500lbs are edible so 112lbs of this is used for hamburgers.This equates to roughly 450 quarter pounders.The cow was cost $600 but the average price for a McDonals quarter pounder is $3.45.So if we multiply $3.45 x 450 (in one cow) total is $1552.5.Last 2005 McDonals claimed that they sell 75 burgers per second of every minute...
The money was made from one cow. Cow weigh 1,100lbs before slaughtering. 500lbs are edible so 112lbs of this is used for hamburgers.This equates to roughly 450 quarter pounders.The cow was cost $600 but the average price for a McDonals quarter pounder is $3.45.So if we multiply $3.45 x 450 (in one cow) total is $1552.5.Last 2005 McDonals claimed that they sell 75 burgers per second of every minute...
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The S&P 500 index is a stock market index which tracks the top 500 public companies by market cap. This is generally considered a good indicator of the health of the United States economy since other indexes such as the DOW and Nasdaq have either too few equities in the index or are weighted too heavily toward technology respectively. The below infographic shows each time a news contribu...
Workplace Wishlist
Green offices and greater mobility are same of the preferences of young employees.
Green offices and greater mobility are same of the preferences of young employees.
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