Place Facts About Economics

A full-time cashier at Costco makes about $60,000 annually. The average wage at Costco is over $29 per hour, and the company provides benefits to the vast majority of its employees.

Bill Gates could give away 98% of his wealth and still be a billionaire.

Samsung is also a full time weapons manufacturer.

Sales of the Guy Fawkes mask - used by protesters all over the world as a symbol of their fight against government corruption and corporate power - all go to Time Warner.

A man earned 4 million airline miles for free without breaking any laws by using his credit card to purchase free-delivery $1 coins from the U.S. mint.

If you have 1 billion dollars and spend $1,000 every day, it would take you 2,740 years to go broke.

The "Cobra Effect" describes when a solution makes a problem worse through perverse incentives—like when French colonial Hanoi offered bounties for rat tails in 1902, leading people to cut tails and release rats to breed more, increasing the rat population.

The retail price for the iPad would be $1,140 if it were built by American workers instead of Chinese.

Coins usually survive in circulation for about 30 years.

In Bangladesh, $5 will buy a beer or a first-class train ticket for a cross-country trip.

There are more than 150 million sheep in Australia, and only some 20 million people.

In 1956, 80% of all U.S. households had a refrigerator, but only 8% of British households had one!

The Pacific island of Nauru's economy is almost entirely based on bird droppings.

Native Americans do not have to pay tax on their land.

Somalia boasts the highest percentage growth of Internet users in the world going from a mere 200 in 2000 to 90,000 in 2007

In 21 U.S. states, WALMART is the single largest employer.

If China imported just 10% of it's rice needs- the price on the world market would increase by 80%.

There are no rental cars in Bermuda.

About 37% of millionaires buy used cars, and fewer than 25% drive current-year models—most prefer practical brands like Toyota, Honda, and Ford over luxury vehicles.

Organized crime is estimated to account for 10% of the United States' national income.