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Cars are what make the world go ‘round. Both makers of cars and drivers of them are located everywhere, in just about every country. Read on to learn more about where the most cars are used and who makes the most vehicles in the world.
It might surprise you to know that the largest countries, like China and Russia, have the fewest number of vehicles per 100 people. These countries, as well as Turkey, Iran, Mexico, Brazil, most of South America and parts of Africa, have only 1 to 150 cars per 100 people. Many of these are third world countries where transportation, at least via personal car, is not a priority.
Americas collective debt, also called the national debt or the public debt, represents the money that the U.S. government owes to the owners of debt instruments that are issued by the U.S. treasury. There are several types of debt instruments issued by the U.S. Department of the Treasury. All of these items are collectively called treasuries.
America has always had debt. Since the 18th century, the country has carried a load of debt that has fluctuated with the political and social climate of the day. In 1860, Americas debt was $65 million. The Civil War brought about a major spike in the debt. World War I and World War II also brought about major rises in the debt. The latest American debt numbers have put it at its steepest numbers since the debt level spiked during World War II.
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