Hi, need to submit a 1250 words paper on the topic Country Comparisons.
Japan’s population on the other hand according to the recently conducted census in 2010 is 128,057,352 and was approximated to be 127, 650,000 by March this Year. This makes it be the world’s tenth most populated country. The population growth rates of Japan have been declining from the 19th century to the 20th century. This Japan population is estimated to keep on declining. Japan has a birth rate of 8.3% and a fertility rate of 1.39 (CIA).United States living standards are among the top 20 in the world according to the economist’s standards i.e. the United States has been ranked among the top 20 countries in the UN Human Development Index, Human Poverty Index, and quality-of-life index.
America has a low inflation rate of 2.7% as was recorded in March 2012.America’s GDP is valued at 14582 billion dollars which is 23.52% of the globes’ wealth. The United States has the largest economy in the world and has had a Gross Domestic Product of 3.0% for the quarter period of ending in December 2011. The average GDP from 1947 till 2011 has been 3.8 with the highest recorded GDP of 17.20 in the first quarter of 1950 and the lowest GDP of -10.40 in the first quarter of 1958.
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Japan has a high Gross Domestic Product of 5498 billion dollars which is 8.87% of the world’s economy. This makes the third best GDP in the world with a 0.2% growth rate. The average GDP growth rate has been 0.52% attaining a historical high of 3.15% in 1990 and a low of -4.90% in March 2009. Japan has a low inflation rate of 0.3% as was recorded in February 2012. in conclusion, both countries have strong economy supported by strong manufacturing industry and skilled labor.China has the largest population in the world which is estimated to be over 1.
3 billion people. This population is composed of aged people due to China’s one-child policy which was implemented in 1979 to control the birth rate.