The GDP is then divided into the private and public sector.

And this leads to very high handling costs.

Today Applause

I'm just taking half of what's mine.

lived in Asia and they made more than half the world's product.

She was only half alive.

This also allows for adequate clearance when loading parts

I learnt many things here.

Mass production?

We have created more wealth in the past decade than ever, but for a majority of Americans, their income has fallen.

So that's it.

Separate! Don't you think you can frighten me!

BENVOLlO An I were so apt to quarrel as thou art, any man should buy the fee simple of my life for an hour and a quarter.

Gross National Product is not the same as Net National Product.

Life was very small for most people.

GDP says look, if it was produced inside the country, we don't care who it's been produced by.

And then on the horizontal axis quantity, produced.

Why didn't they put it into production?

But in a service based economy like we have here in the U.S. and like we have in a lot of Western societies, most of our real capacity for what we produce, or our GDP, is service based, because we're a service based economy.

which I find is somewhat ironic.

It may be creating a 100,000 a year of value and 50,000 of that may be going to the person who's doing the production and then the other half of the value is actually going to the consumer of whatever this factory is making.

They circulated the liquid fluoride salt in these tubes to produce two and a half megawatts of thermal power.

Six months. Jigsaw never kept anyone that long.

Now let's say I can take this 20 thread and I'll stay with white I can take this 20 thread and I could throw in some more labor

But that's not how much income we made, because there was a

We've got to reveal the dangers in the product.

And as an economist, we can also look at that side of the story. These are people who are productive agents in the economy.

Just smart people moving bits. Different rules.

2006 was a great year.

The same for GPS.

Well, this is New York State, Art. You'll write her a check for half of everything.

What we're going to see in the 21st century is Asia gradually returning to being more than half of the world's population and more than half of the world's product.

It's actually not very long away.

And to understand it, let's think about how jeans might be produced.

This is just a fourth quarter number.

'OK, I understand what the tilt is, but how does that change the seasons, the .. of the Northern or that Southern Hemisphere.

They had their entire lives ahead of them birthdays, graduations, weddings, kids of their own.

What's the most important things you need to do for the business to make the business model work.

Or, another way to think about it is the cost of production.

Four decades later, the world consumes between three and six barrels of oil for every one that it finds.

Production was centralized in assembly plants.

National message. Targeted individuals.

They were going to produce 1,000 cars a day.

Doubt is our product,

It's our output. We're off.