If you have a small dog, you know much you love the little stinker. But, how much are you spending to meet its needs? A small dog isnt the most expensive pet in the world, but it certainly will cost you money. Every year, you can expect to spend $400. During the first year, you can expect to spend $780. With the long life expectancy of a small dog, an average of 14 years, that little dog adds up big- to the tune of $5,980.
Who doesn’t salivate at the thought of a juicy hamburger? (OK, let’s rephrase that: vegetarians excluded, who doesn’t salivate at the thought of a juicy hamburger?)
The point is, there is hardly any food that’s more American. And capitalizing on that are many industries, from fast-food restaurants to cattle growers, to ketchup and mustard producers. But have you ever thought about the scope of the industries involved? In our latest infographic we dissect a typical hamburger — and we give you the “meat” on the industries involved: the popularity of each ingredient, how much of it is produced annually, and how much of it we consume. In other words: the hamburger economy.
The United States’ Gross Domestic Product, or GDP, is still larger than China’s. But according to economic analysts, that might not be the case much longer.
China, thanks in part to its large population, has been steadily growing its GDP in the last few years. Some economists say it will only be 10 years before the country surpasses the U.S.’ GDP.
China, of course, made big news when its GDP did rise above Japan’s in the second quarter of 2010. This marked the first time that China’s GDP ever rose past Japan’s.