In World War II, Germany tried to collapse the British economy by dropping millions of counterfeit bills over London.
100 Mind-Blowing Economy Facts
90% of U.S. money has cocaine on it. Either from exposure or drug use, a study revealed that 90% of the dollars circulating in the economy have cocaine on it. Traces of cocaine were found to reach 0.006 micrograms (several thousand times smaller than salt). The green dye on dollars causes cocaine residue to stick to the bills.
During World War II, Germany planned to collapse the British economy by dropping millions of counterfeit bills over London.
Each of the suits on a deck of cards represents the four major pillars of the economy in the Middle Ages: heart represented the Church, spades represented the military, clubs represented agriculture, and diamonds represented the merchant class.
Samsung’s various business activities account for more than 15% of Korea’s entire economy. While Samsung is known worldwide as a technology giant, it has its fingers in many pies in its home country. Being the world’s largest manufacturer of phones is not enough, as in Korea, there are hospitals, apartments, universities, and even funeral parlours owned by Samsung.
Electric Vehicle (EV) Statistics: Sales Keep Climbing. 2021 Electric vehicle sales showed a 26% sales surge over 2020. If prognostications are accurate, global EV sales will exceed 6.4 million worldwide. In China, 12% of all sales are EVs. Europe and the UK are selling electric and plug-in vehicles at a rate that is eight times higher than in previous years, led by these brands: Tesla, Volkswagen, and General Motors. As the U.S. government addresses issues related to infrastructure, zero-emission laws and fuel economy, the U.S. goal of 50% of all car sales in the EV category by 2030 seems attainable.
Technology is responsible for driving more of the U.S. economy than any other profession aside from healthcare.
Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
Cybercrime costs the world economy more than $1 trillion per year (McAfee): McAfee believes the cost of cybercrime around the world is around $1 trillion per year, accounting for around 1% of our total GDP. The costs of cybercrime are often influenced by several factors of course, including the degree of damage caused, the theft of certain property (intellectual or otherwise), and the costs of stolen money. When companies lose data, there are hours of work put into fixing the problem.
The UK is the world’s sixth-largest economy after the USA, China, Japan, Germany and India.
The contribution of AI to the global economy is projected to hit $15.7 trillion by 2030.