Why Is the U.S. Rich?

Look for indicators of high K/L, H/L, N/L.

Compare U.S. and Philippines:

   

U.S.

Philippines

 

Real GDP/Pop

$28,600

$2,600

 

Population

268 mil.

76.1 mil.

K/L:

Electricity Consumption/Pop (kWh)

11,636

326

 

Rail (km/mil. pop)

896

7

 

Roads (km/thou. pop)

23.4

2.4

 

Phones/Pop

.68

.02

 

TVs/Pop

.80

.10

H/L:

Literacy (age>14, can read & write)

97%

94.6%

N/L:

Land (sqkm/thou. pop)

34.2

3.9

 

Arable land (sqkm/thou. pop)

6.5

0.7

Quality of life:

   
 

Life expectancy at birth

76.0

66.1

 

Infant mort. (deaths/1000 live births)

6.55

35.2

 

males/females > age 65

0.7

0.81

Source: CIA World Factbook (as of Jan. 1999). Most data for 1996.