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:
Other Economies At a Glance
Labels: Economics, Infographic, Macroeconomics