Modern business geography

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Monograph

Identifikator:: 1830562916

URN:: urn:nbn:de:zbw-retromon-217337

Document type:: Monograph

Author:: Huntington, Ellsworth http://d-nb.info/gnd/117070092; Cushing, Sumner W.

Title:: Modern business geography

Place of publication:: New York [usw.]

Publisher:: World Book Company

Year of publication:: 1930

Scope:: VIII, 352 S.; Ill., graph. Darst.

Digitisation:: 2022

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: Part four. The field of consumption

Collection:: Economics Books

The United States as a Market 987 Why the United States is the greatest of the world’s markets. No other country furnishes so large a market as the United States. Both [India and China are several times more populous, but both are more backward and much poorer than the United States. Russia also has more people than this country, but is less progressive and prosperous. Aside from the United States, the countries of Great Britain, France, and Germany are the largest consumers of goods from other regions. But Great Britain and Germany together have only as many people as this country; while the French are only two fifths as numerous as the people of the United States. The World War drained these three countries of so much wealth and killed so many of their best men that, their value as markets has been greatly decreased. Even before the World War the average wealth and buying power per person were greater in the United States than in the leading nations of Europe. This does not necessarily mean that our people are more industrious or skillful than those of Europe, but merely that we have been gaining wealth rapidly from a great new country. We have been skimming off the cream of the land in the form of primeval forests, virgin soil, and the best of mineral deposits. With such wealth it is no wonder that the people ¢” ~~ T™ ted States are great consumers. F1a. 178. Bathing in the sacred Ganges is a religious rite for a large part of India’s 315,000,000 people. In spite of the enormous total population, India does not represent the largest kind nf market, for the individual purchasing power is low

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