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This is true not just for Facebook. Consumer spending per person in US is very high compared to many other countries in the world. https://en.wikipedia.org/wik
by gizmodo59 8y ago
This is true not just for Facebook. Consumer spending per person in US is very high compared to many other countries in the world.
https://en.wikipedia.org/wiki/List_of_largest_consumer_markets https://en.wikipedia.org/wiki/List_of_largest_consumer_marke...
The businesses that wants to run ads also spend a lot. Its also true for Enterprise Software to some extent. I work for an enterprise software company and despite having had a decade of presence and having been founded in Europe, 70% of our revenue is from USA.
While I don't have numbers to back it up, personally from my experience, I see Americans spending a lot (sometimes more credit than savings itself) compared to other developed nations.
- JBReefer 8y agoPeople don't understand how much wealthier the US is than most of the Western World. I realize, and please don't harp on, the fact that healthcare and college aren't free here, but the median German makes the less money than the median income in all but 9 states, and it becomes substantially more unequal when you look at PPP. https://mises.org/wire/if-sweden-and-germany-became-us-states-they-would-be-among-poorest-states https://mises.org/wire/if-sweden-and-germany-became-us-state... Now, if you want to talk about Quality of Life, instead of per capita income, I think there's probably a lot more going for the EU - much lower crime, better infrastructure, less absurd politics, more vacation. I'd definitely live in Nice over Minnesota, and I love Minnesota.
- adventured 8y agoThere isn't lower crime in the EU. The EU has between a higher rate or a similar rate of violent crime and crime in general vs the US (varying depending on which country you're talking about). The US rate of crime compares well to most developed nations. [1] The US has a far higher murder rate thanks to its policies on gun regulation. There is not less absurd politics in the EU. It's every bit as crazy over there right now. See: Italy, Hungary, the extreme right in the Netherlands, Greece, Poland, Denmark's recent policies on immigrant ghettos, and on and on. The EU includes a lot of mid-tier countries. Poor people in the US get free healthcare and average welfare benefits that are far higher than the median incomes of all the mid-tier nations in the EU. The OECD better life index has persistently indicated that the US poor live better than the poor in any other nations except for half a dozen or so (such as Canada, Norway, Sweden, Finland). In the US it's primarily the 20% group above the poorest 20%, that do the worst compared to other developed nations - they often make too much money to qualify for free healthcare, their income potential is weak, their education opportunities are weak, they suffer much higher rates of bankruptcy, and they often don't qualify fully for traditional assistance programs (housing or food). [1] https://www.vox.com/2015/8/27/9217163/america-guns-europe https://www.vox.com/2015/8/27/9217163/america-guns-europe [1a] http://news.gallup.com/poll/21346/crime-rate-lower-united-states-canada-than-britain.aspx http://news.gallup.com/poll/21346/crime-rate-lower-united-st...
- lokopodium 8y ago>thanks to its policies on gun regulation Citation needed.
- deleted 8y ago[deleted]