Introduction
The United Kingdom and the United States of America are two different countries, but we are Allies until the end of time. There are a few things that we are different and the same. The economy of both countries is both different and similar. The GDP of the United Kingdom and the United States have a huge difference.
Population
The total people that live in the UK is 65,110,000 it is the 22nd largest country in the world.671 people live in every in every square mile so that's about 259 people per square kilometer. In 2015 the population increased by 500,000 and immigration in the UK is a sensitive political topic for them. But it brought over more languages from Asia and Europe. U.S population is 324,227,000 that's a ton more people than the UK and immigration we don't really worry about. Different languages here too such as
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This is how much a consumer spends. In the US the consumer spending rate is 11484.9 billion dollars. What consumer spending is? An exchange of money for goods and services.
Personal Income
United Kingdom is a wealthy country nobody is living off $10 bucks a day. The middle-class people income are at least 21,000 a year but it depends on where you're located at and your age and gender. As for the united states, their personal income increased by 0.3 and minimum wage for a lot of employees starts to go up.
Main exports and main imports
The main exports that the United Kingdom are the items that they send to other countries. These items are as listed: manufactured goods, fuels, chemicals, gas turbines, food, beverages, and tobacco. The main imports are the items the United Kingdom gets from other countries such as machinery and computers.
Net Exports
Unemployment Rate
The UK unemployment rate is how many people has lost their jobs. In the UK the unemployment rate is 5.4%. In the US the unemployment rate is