Economy Domestic Product

Slide 2:

The Unites state economy is called as the world's largest national economy. In the nation., Unites state economy situation is only one, which changes greatly accordingly to the various economic facts or metrics like gross domestic product, unemployment rate, interest rate, public debt etc. Basically U.S economy is more trust on the private decision making. In simple terms, U.S economy is free to take economic decisions in the economic decision making process because of least interference by the Government and comparatively low level of rules & regulations. The main target of the U.S economy is high growth, low unemployment rate, high level of research and capital investment. The four key economic metrics in the U.S economy are Gross Domestic Product (GDP), Unemployment, Inflation and interest rates. Gross Domestic Product (GDP) depicts total production of goods and services in terms of market price during a year. Unemployment rate calculates the number of the people who don't jobs according to their qualifications. Inflation is a decrease in the value of the money or increase in the consumer price index. Interest rate is the percentage of capital appreciation on the investment.

Slide 3:

The first economic metric is Gross Domestic Product (GDP). It measures the total production in the United States. GDP is defined as the market price of the goods and services produced in the domestic economy during a period of one year, plus income earned locally by the foreigners minus incomes earned abroad by the nationals. The current Gross Domestic Product in 2008 is shown below:

1st quarter: +0.9%

2nd quarter: +1.9%

The current GDP rate in Jully, 2008 was 1.80%.

The rises in Gross Domestic Product (GDP) growth will reflect the following:

Rises in the export whereas, the imports goes down.

Rises in the spending power of the purchaser.

The second most important economic metric in the economy is unemployment. It means that the percentage of the peoples who are eager to do work, but they get job according to their field or experience. Unemployment is mainly dependent on the expansion and recession of the economy. The unemployment rate by the July, 2008 was 5.7%.

The third economic metric is the inflation. It means overall measure of the price level of goods and services from the customer view. In 2008, it is 5.6%.

The last important economic metric is the interest rate. Interest rate calculated in 2008 was 2%.

Slide 4:

As per the pre estimates of the Bureau of Economic Analysis, the real GDP increased 0.9% in first quarter and in the second quarter of 2008, it grew at 1.9 percent annual rate.

Slide 5:

Brazil has a control export-oriented and free market economy. Measured nominally, its Gross Domestic Product in 2008 was 5.84%. In July, 2008, the unemployment rate of Brazil is increased to 8.1% as compared to the last month. According to recent data, the rate of unemployment in July, 2008 was 3.82%. In the 2008, inflation rate was showing an increasing trend from the month of January, 2008 to July, 2008 i.e. 4.56% to 6.37%. The rate of interest in 2008 measured was 13%.

Slide: 7

GDP growth in 2008 is 1.50%, which is 0.60% less as compare to last month. The government gradually deregulated the labor market to tackle formerly high unemployment. As a result employment levels are on the upswing and the unemployment rate fell to 6.2% in Western Germany (June 2008). The overall rate of unemployment in the year 2008 is 7.30%. The current inflation rate is 4% and the interest rate is 4.25% in June, 2008.

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Japan is benefited by the planned development of Science and Technology. Japan also has a strong work culture which helps the country for further development. Japan also put emphasis on good relations between the government and industrial sector. The economy of Japan is also experiencing moderate expansion among all the overseas economies.

In 2008, the current GDP is decrease from 1.20% to 1% as compare from the last month. The rate of unemployment in Japan was low i.e. around 4.10% in June, 2008. In 2008, inflation is showing an increasing trend from the month January to June. The inflation rate in first quarter in 2008 is recorded as 2% and the rate of interest is 0.75% from the month January,2008 to June,2008.

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In Brazil, there are a number of political parties. Among all these parties, no particular party has dominating power. There are four leading parties, that are the Worker's party, the Democrats, the Brazilian Social Democracy party and the Brazilian Democratic Movement party. These all parties are sharing political in Brazil. There is low party loyalty in the politics of Brazil. The party members randomly change the parties.

Slide:8

The fusion of both the leading parties (PDS and WASG) was fused to make a more dominate political party in Germany. This joint party had victories in most of the states of West German. New social democratic party was emerging as the opposition party. It is evident from the latest electoral results that the Left Party is trying to make changes in its political landscape for good of the nation.

Slide 10

The political parties have been loosing support of public for 2001. There are two leading parties in Japan; LDP and DPJ. Both the leading parties of Japan are now dominated by the origin of new parties. Control of the opposition parties are hampering to the effectiveness of LDP- Led Government. Different groups of different political parties are making a new political party, that causes a new political movement.

Slide 11:

United States with Brazil:

Unites states and Brazil both have a common exports products like aircraft, electronic equipments, and automobiles.

Both have a mixed economy.

U.S is the largest populated country in North America and Brazil is the largest populated country in South America.

A bio fuel is a similarity between both the countries.

Both the countries are former slave-owning countries and their first economies were established upon plantations and cash crops.

United States with Germany:

The GDP growth of both the countries is same, which is approximate 2.5%.

Both the countries export for more than $1 trillion.

Mixed economy in that private firms make the majority of the microeconomic decisions

Both the countries are closed trading partners and the trade relations of both the countries are growing strongly.

More than half million Germany people are employed in Germany by US companies and more than .7 million US people are employed in the US by German companies.

United States with Japan:

Both of them have emerged as new markets and new competitors in the international economy.

They have shown the largest and most consistent growth in trade volume and GNP in the world.

Both have them have witnessed correspondingly rapid changes in the structure of their economy.

Both of them are the largest national economies in the world.

Electronic Equipments form the major part of the exports of both the countries.

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