Economic Geography of USA

1. Economic Geography of the ‘United States of America’

2. Rahat Ahmed Chowdhury
Waliza Monir Liza
Sonchita Rani Nath
Fahim Ahmed
BBA 29th
Metropolitan University, Sylhet

3. Introduction
 The United States of America (USA), commonly
referred to as the United States (U.S.) or
America, is a federal republic composed of 50
states, a federal district, five major territories
and various possessions.
 The 48 contiguous states and Washington, D.C.,
are in central North America between Canada
and Mexico. The state of Alaska is in the
northwestern part of North America and the
state of Hawaii is an archipelago in the mid-
Pacific.
 The territories are scattered about the Pacific
Ocean and the Caribbean Sea. The country is
the world's third or fourth-largest by total area
and the third most populous

4. 13 red & white stripes symbolizes the 13 original colonies
(Connecticut, Delaware, Georgia, New Hampshire, New Jersey, Maryland, New York,
North Carolina, South Carolina, Massachusetts, Virginia, Rhode Island, Pennsylvania)
Red stripes means - Hardiness, Valor, Bravery
White stripes means - Purity, Innocence, Freedom
Blue portion means - Vigilance, Perseverance, Justice
The 50 stars means ’50 states’ of U.S.A

5. Let’s enjoy the video……….

7. A brief history of USA by timeline

12. The Bell of
Independence

13. In 1787 the constitution
was made
George Washington became
the first U.S. president in
1789

18. Geographical
values

19. Official name United States of America
Total area 9,857,306 km2
Population 320 million
Capital Washington D.C.
Largest city New York city
Languages English, Spanish and other.
Monetary unit U.S. Dollar ($)
Ethnicity White, Black, Hispanic, Asian, Native

20. Religions Christians, Hindus, Jews, Muslim
& Other
Literacy rate 99%
Government Federal Presidential Constitutional
Republic
President Barrack Obama
Motto ‘In God We Trust’
Demonym American
GINI 40.8
HDI 0.914
Life expectancy 78.74 years

27. 99%
 32 million adults in the U.S.
can't read properly
 21 percent of adults in the
U.S. read below a 5th grade
level,
 19 percent of high school
graduates can't read properly

28. Americans stood
second only to
Canada in the
percentage of 35
to 64 year olds
holding at least
two-year degrees

29. Rank University
1 Princeton University
2 Harvard University
3 Yale University
4 Columbia University
5 Stanford University
6 The University of Chicago
7 Massachusetts Institute of Technology
8 Duke University
9 University of Pennsylvania
10 California Institute of Technology

34. Railways 224,792 km
Highways 259,032 km
Water ways 41,009 km
Airports 15,079

35. Press
Mail
Telephones Main lines in use: 129,400,000
Radio broadcast stations AM: 4,789; FM commercial
stations: 6,231; FM
educational stations: 2,672;
Television broadcast
stations
9024
Internet Service
Providers (ISPs)
36
Internet users 270 million

36.  Nationwide health care system, including maternity
services provided by government.
 Medical infrastructure consists of more than 914,720 Western-
trained physicians,
 837,286 nurses,
 5686 hospitals of all types.

37. Date Official Name
January 1 New Year's Day
Third Monday in January
Birthday of Martin Luther King, Jr., or Martin
Luther King, Jr. Day
January 20, the first January 20 following a
Presidential election
Inauguration Day
Third Monday in February Washington's Birthday
Last Monday in May Memorial Day
July 4 Independence Day
First Monday in September Labor Day
Second Monday in October Columbus Day
November 11 Veterans Day
Fourth Thursday in November Thanksgiving Day
December 25 Christmas

38.  Albert Einstein provided the great ‘Theories of
Relativity’
 In 1876, Alexander Graham Bell invented telephone
 Thomas Edison's invented the first long-lasting light
bulb, viable movie camera.
 Nicola Tesla pioneered alternating current, the AC
motor, and radio.
 The Wright brothers, in 1903, made the first sustained
and controlled heavier-than-air powered flight.
 The Space Race produced rapid advances in rocketry,
materials science, and computers.
 Neil Armstrong was the first man to set foot on the
Moon, on July 20, 1969.
 More than half of the world's land planted with biotech
crops of United States.

39. Apple pie is one of a number of
American cultural icons.
Roasted turkey is a traditional menu
item of an American Thanksgiving
dinner

42. Hollywood movies are providing great entertainment
not only to the U.S citizens but to the people living
all over the world

49. Economy of USA

50. •The economy of the United States
is the largest national economy in
the world in both nominal value and
by purchasing power parity.
•The U.S. economy maintains a very
high level of output per person
•The United States has been one of
the best-performing developed
countries.
•The American labor market has
attracted immigrants from all over
the world and has one of the
world's highest migration rates.

51. Stock market crash & Great depression(1930)

52.  For many years
following the Great
Depression of the
1930s, when the
danger of recession
appeared most
serious.
Great Depression (1929-1939) highlighted

53. Great Depression (1929-1939) highlighted

54.  Since the stagflation of the
1970s, the U.S. economy has
been characterized by
somewhat slower growth.
 The worst recession in recent
decades, in terms of lost
output, occurred in the 1973-
75 period of oil shocks, when
GDP fell by 3.1 percent,
followed by the 1981-82
recession, when GDP dropped
by 2.9 percent.
 Since the 1970s the US has
sustained trade deficits with
other nations.
 In the 1970s, economic woes
brought on by the costs of the
Vietnam conflict, major price
increases, particularly for
energy, created a strong fear
of inflation

55.  The 9/11 attack was the
main reason for the 2001
recession.
 The stock market was
closed for 4 days
 The 617.78 point loss was
the worst one-day drop
ever

56. The United States
entered in 2008 during a
housing market
correction, a subprime
mortgage crisis and a
declining dollar value.
On December 1, 2008,
the NBER declared that
the United States
entered a recession in
December 2007, citing
employment and
production figures as
well as the third quarter
decline in GDP.

57. Key Economic Indicators

78. Economic growth signals are still positive and consumption
is apparently rebounding, while corporate earnings are
strong.
GOOD
Unemployment, Housing, Interest Rates, and Oil all loom
as potential caution flags that could reverse the good
news story
Government debt and overall debt are not going away
as major issues that could reduce long term growth and
lead to unpleasant outcomes
BAD
UGLY
Summary of Economy

80. •The United States is the largest
energy consumer in terms of total use
• The U.S. ranks seventh in energy
consumption per-capita after Canada
and a number of small countries.
• The majority of this energy is
derived from fossil fuels: it was
estimated that 40% of the nation's
energy came from petroleum, 23%
from coal, and 23% from natural gas.
Nuclear power supplied 8.4% and
renewable energy supplied 6.8%,
which was mainly from hydroelectric
dams although other renew ables are
included such as geothermal and solar
energy.

81. American dependence on oil
imports grew from 24% in
1970 to 40% by the end of
2013.
At the current rate of
unchecked import growth,
the US would be 70% to 75%
reliant on foreign oil by the
middle of the next decade.
Transportation has the
highest consumption rates,
accounting for approximately
68.9% of the oil used in the
United States in 2014, and
55% of oil use worldwide.

82. USA is the leading manufacturer
in the world .Main industries
are: petroleum, steel,
motor vehicles, aerospace,
telecommunications,
chemicals, electronics, food
processing, consumer
goods, lumber, mining.

83. Agriculture is a major
industry in the United
States and the country is
a net exporter of food.
The United States
controls almost half of
world grain exports.
Products include wheat,
corn, other grains,
fruits, vegetables,
cotton; beef, pork,
poultry, dairy products;
forest products; fish.

84.  Machines, engines, pumps: US$219.8 billion
(13.6% of total exports)
 Electronic equipment: $172.4 billion (10.6%)
 Oil: $155.6 billion (9.6%)
 Vehicles: $136 billion (8.4%)
 Aircraft, spacecraft: $125.2 billion (7.7%)
 Medical, technical equipment: $85 billion (5.2%)
 Gems, precious metals, coins: $64.1 billion (4%)
 Plastics: $63 billion (3.9%)
 Pharmaceuticals: $44 billion (2.7%)
 Organic chemicals: $42.3 billion (2.6%)

85.  Oil: US$347.7 billion (14.8% of total US imports)
 Machines, engines, pumps: $324.3 billion (13.8%)
 Electronic equipment: $314.8 billion (13.4%)
 Vehicles: $261.1 billion (11.1%)
 Medical, technical equipment: $75.2 billion
(3.2%)
 Pharmaceuticals: $72.6 billion (3.1%)
 Gems, precious metals, coins: $63.2 billion
(2.7%)
 Organic chemicals: $53.6 billion (2.3%)
 Furniture, lighting, signs: $52 billion (2.2%)
 Plastics: $47.9 billion (2%)

86. Export Import
 Canada (19.0%)  China(19.4%)
 Mexico(14.3%)  Canada (14.6%)
 China (7.7%)  Mexico (12.4%)
 Japan (4.1%)  Japan(6.1%)
 Germany (3.0%)  Germany (5.1%)

89.  2001 Recession
 Debt crisis
 Travelling sector
 Monetary policy & 2008-2009 Recession
 War on terror

90.  The US has no official language.
 The Statue of Liberty was a gift from France in
1884.
 The current USA flag designed by 17 year old
boy for a school project, but he got a shocking
‘B-’ grade
 The national anthem of USA was tuned from a
song of a drunk man

91.  The original capital of the U.S. was
Philadelphia
 The US debt per person is $45,000 USD.
 Alaska was purchased from Russia
 Apple has more money than the U.S.
Treasury.
 It is actually completely legal for underage
kids to smoke cigarettes, but it is illegal for
them to purchase them

92.  Even if Bill Gates gave up every single penny of
his fortune, he would have taken care of only 15
days’ deficit of America.
 If you have $10 in your pocket and no debt, you
are wealthier than 25% of Americans.
 Almost all the presidents of USA born in Virginia
 Russia and America are less than 4km apart at
nearest point.
 There are, on average, 100 acres of pizza served
daily in the U.S.