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The United States of America

The United States of America

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The United States of America

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  1. The United States of America

  2. Cultural Information • Language – English (82.1%) • Life Expectancy – 78.37 years • Religion

  3. Cultural Information • Business Customs • Time is very important – “time is money” • Greetings – casual, a handshake and smile are all that are necessary • Gift Giving • no elaborate gifts (bribery) • Usually give small gift to host or hostess • Gifts are usually opened when received • Appropriate business dress varies depending on geographic location, day of the week and industry • Communication – Americans are very direct and value logic and linear thinking

  4. Family Life • Average Number of Children – 2.06 per family • What is home like? • The family unit is generally considered the nuclear family, and is typically small (with exceptions among certain ethnic groups) • Extended family relatives live in their own homes, often at great distances from their children • Individualism is prized, and this is reflected in the family unit • People are proud of their individual accomplishments, initiative and success, and may, or may not, share those sources of pride with their elders

  5. Cultural Information • Education • Educational Expenditures – 5.5% of GDP • Literacy Rate – 99% of population • Obesity Level – 33.9% • The sixth most obese country in the world

  6. Economic Information • Type of Economy – Market Economy • The United States is really a mixed economy because there is limited government involvement in the economy • Balance of Payments (debt) - 62.9% of GDP

  7. Trade Imports Exports

  8. Population • Total population – 313, 232, 044 • Growth Rate – 0.963%

  9. Wealth and Income • Income • GDP – 14.66 Trillion • Rate of Growth – 2.8% • Distribution of Wealth • The United States is a market economy that encourages free enterprise and the idea that hard work yields more financial rewards. Wealth is not distributed equally, it is based on the profitability of businesses. • Unemployment Rate – 9.6%

  10. Natural Resources • Coal • Copper • Lead • Molybdenum • Phosphates • rare earth elements • Uranium • Bauxite • Gold • Iron • Mercury • Nickel • Potash • Silver • Tungsten • Zinc • Petroleum • Natural gas • Timber

  11. Making Money • Currency – American Dollars • Labor Force – 153.9 million

  12. Politics • Capitol – Washington DC • Date of Independence – July 4, 1776 • National Symbol

  13. Political Development