US Economy at a Glance [Infographic]

Reviewed by Raphael Zeder | Updated Oct 8, 2017

We live in a globalized world where virtually all countries interact with each other. As a result the economy has become increasingly complex. Despite this (or perhaps just because of it), it is important to know what is going on in the world around you. After all, well-informed citizens make better decisions. 

However, being an informed citizen is easier said than done these days. We are confronted with so much information through the media and the internet that finding and processing relevant information has become quite a challenge. In other words, we face an information overload.

In reaction to this we have started working on a series of infographics that illustrate the most important facts and figures about the economies of various countries all over the world. The first graphic shows the US economy at a glance. The US has the most technologically powerful economy in the world. Many US firms are at or near the forefront in technological advances, especially when it comes to computers, medical, aerospace, and military equipment. Thus, the potential economic gains from trade for the US are far from exhausted. In addition to that in 2014 the unemployment rate declined at its most rapid rate in nearly three decades. Take a look:

US Economy At a Glance [Infographic]

Other Economies At a Glance

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  1. Some interesting statistics.

    One thing I always found amazing in my travels is how the US seems to have very specific trade deals the world over, they have negotiated rights in countries for trade that no other nation has. In many countries where foreign entities are not allowed to own businesses or properties, the US still can, and is the only nation that can. Through these special trade agreements US companies can continue to flourish worldwide, money continually funnels back to the US from all over the world, like no other country on earth. Of course one of the very first arrangement was the oil money deals with Saudi Arabia which established the US currency as The international currency, a very special financial position to be in of course, since the right when to and when not to print the currency rests solely in US hands, depreciating the value of the US dollar internationally, and with it the value of debts, but still allowing the US to decide where the money will be distributed, mostly within it's own borders.

    It is pretty interesting if you think about it.

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