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You are looking at a very wrong graph. No. You said, "There is no industry left in USA". That graph gives manufacturing as a percentage of GDP, which isn't re
by cturner 16y ago
You are looking at a very wrong graph.
No. You said, "There is no industry left in USA". That graph gives manufacturing as a percentage of GDP, which isn't relevant.
- ilkhd2 16y agoIt is very relevant. This how one economy gets classified as service or industrial. Even if we take different approach, overall industrial output of USA per capita, it still less than Germany's.
- skalpelis 16y agoIn just means that the US isn't a manufacturing economy. Manufacturing is a very small part of US economy but that doesn't mean that in absolute numbers it might be higher than other countries', especially if most of the goods manufactured were with high added value (e.g., the aforementioned jet engines).
- ilkhd2 16y agoIn absolute numbers economy of China is much, enormously bigger than economy of Iceland. Not per capita, however.