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Annualized, nominal GDP reached $20.1 trillion in Q1 2018, the first time it exceeded $20 trillion. About 70% of U.S. GDP is personal consumption, with business investment 18%, government 17% (federal, state and local but excluding transfer payments such as Social Security, which is in consumption) and net exports a negative 3% due to the U.S ...
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The economy of the People's Republic of China is a developing mixed socialist market economy, incorporating industrial policies and strategic five-year plans. [27] China is the world's second largest economy by nominal GDP, behind the United States, and since 2017 has been the world's largest economy when measured by purchasing power parity (PPP).
As a result, Unilever began to operate a "hands-off" policy towards the subsidiaries and left American management to its own devices. [14] Sunsilk was first launched in the United Kingdom in 1954. [15] Dove was first launched in the US in 1957. [15] Unilever took full ownership of Frosted Foods in 1957, which it renamed Birds Eye. [16]
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