The United States has long prided itself on being a low-price consumer paradise. From slogans like “everyday low prices” to mega-sized shopping malls, the country’s economy is focused on promoting consumption. Even international tourists often fly to the U.S. to go shopping. We wonder: In which of these countries are food prices the lowest?
The number of refugees is on the rise globally. There are worries in Western countries about the future cost of hosting and resettling these people. We wonder: What proportion of its GDP does the United States spend on refugees annually?
The peak summer travel season is well underway in the northern hemisphere. This means that shopping districts from Los Angeles to London to Berlin are full of people with their dollars, yuan and yen as well as euros. We wonder: Which nation’s population spends the most on international tourism?
In cities with hotter climates, air conditioning units in every window are a sign of a rising middle class. But mounting temperatures have also made air conditioning in developing countries a necessity for urban survival. We wonder: Which of the following statements about the global rise of air conditioning are true?
A. India will soon see more air conditioners installed than any other country.
B. AC units add significant electricity demands.
C. Air conditioners can be made at least 25% more efficient.
D. Air conditioning coolants need to be replaced to slow global warming. Continue reading →
The G7 group of nations includes the United States, Japan, Germany, UK, France, Italy and Canada. It was originally set up to promote coordination of the global economy. With four of seven members, European nations have always been overrepresented in the G7. We wonder: Which European member of the G7 is the only one that will remain among the top ten economies in the world in 2050?