Fact Page

USA

CBO: Jordan Kam

Corporation:

I am the Microsoft chairman and chief software architect Bill H. Gates. We are the global leader in software, Internet technologies, and services for personal and business computers. My company currently employs about 50,000 people in over 70 countries in the world. In the last fiscal year ending in June 2002 we had a profit margin of $28.37 billion. We are a company that is always trying to advance, by doing so we invest $4 billion on research and development yearly.

Other major business in the US:

The US is the leading industrial power in the world, we are highly diversified and technologically advanced. Our leading industries are petroleum, steel, motor vehicles, aerospace, telecommunications, chemicals, electronics, food processing, consumer goods, lumber, and mining. Among the leading companies that invest a lot of money in research and development are:

-Ford Motor CO.

-General Motors Corp.

-IBM Corp.

-Bristol Myers Sqibb

-Pfizer INC.

What percentage of your countries GNP is in international trade?

In the United States exported and imported goods could be placed in five different categories. These categories include capital goods, vehicle parts and engines, industrial materials and supplies, consumer goods, and good and beverages. Capital goods could include products like airplanes, semiconductors, and computer accessories. The largest US exports are Automobiles (7%), semiconductors (5%), computers and accessories (5%), aircraft (5%) and telecommunications equipment (3%). Among imports, automobiles (14%), crude oil (6%), computer accessories (6%), and apparel (4%) are the most significant goods categories.

International Trading Partners from www.econedlink.org

Is your country suffering from inflation, recession, depression or worker unrest?

The US is suffering from inflation, as is the rest of the world. One dollar in the 1980 has the same buying power as 2.20 dollars now. The jump isn’t to bad, but it could build up if you were to buy something that costs a lot. There is no major worker unrest currently in the US that could affect the economy in a major way.

Are there any major threats to your countries economic well being?

Events that happened a couple of years ago have changed the way we live our daily lives. Terrorists from Arab countries have been threatening our country with biological, chemical, and perhaps nuclear weapons.

Is your government concerned about some of these issues?

Our governments especially our president is taking extreme actions against these terrorists. We are actively perusing these terrorists in many different countries around the world, as well as ours. These countries consist of the Philippines, Afghanistan, Iraq, and other countries in the Middle East. Our country is on the verge of war with Iraq, which in turn could affect our economy greatly.

References

All the information that I used for this page was taken from the bookmarks page that I have. Please feel free double check any of my answers or gather more information that you would like to obtain from the bookmarks section.