Country Economic Analysis Report

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Country Economic Analysis Report

Throughout the years, the United States of America has endured a very strong economy. Although there have been many obstacles of hindrance such as trade deficits, wars, hostile governments and embargo’s, the economic status of the United States still continues to prevail. Just to name a few, the economy of this country survives on simple commodities such as pork, oranges, precious metals and the productive efforts of its citizens. In this paper, I will not only introduce and discuss the logistics of both the United States and the United Kingdom; I will discuss its key economic obstacles and its economic well being.

Brief Introduction of United States of America v. United Kingdom

The United States of America is in North America; between Mexico and Canada. It is made up of fifty individual states and has a total population of 308,745,538 citizens. (Office National Statistics) There are three major branches of government. They consist of the Legislative branch, which not only make the laws but are controlled by the House of Representatives and the Senate an Executive branch, which is empowered by the President, executes law, and a judicial branch, in which laws are interpreted through judges. The United States known currency is the dollar ($). It represents past leaders who helped pioneer society as we know.

The United Kingdom is in northwestern Europe and includes the countries of England, Great Britain, Scotland, Wales and Northern Ireland. It has a total population of 60,800,000 citizens. Similar to the United States, the United Kingdom has a bicameral legislature. Also in similarity to the President of the United States, there is a Prime Minister who executes the law. However, in contrast, ...

... middle of paper ...

...March 8th,2011

from https://www.cia.gov/library/publications/the-world-factbook/geos/uk.html

Economy Watch. UK Economy, UK Economic Profile, British Economy, United Kingdom

Economy, Economy of UK. Retrieved March 8th, 2011from

http://www.economywatch.com/world_economy/united-kingdom/

Gallagher, J. (2008). How the failure of subprime mortgages hurts the overall economy.

Freep.com. Retrieved March 8th, 2011 from

http://webuser.bus.umich.edu/amiyatos/DFP_Jan608.pdf

Office of National Statistics (2011). GDP Growth. Retrieved March 8th, 2011 from

http://www.statistics.gov.uk/cci/nugget.asp?id=192

Trading Economics. (2010). United States GDP Growth Rate. Retrieved March 8th,2011 from

http://www.tradingeconomics.com/Economics/GDP-Growth.aspx?Symbol=USD

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