System Economic A

The three types of government are capitalists, UK is an exporting region, based in

Industry as Mexico. USA is a country principal importing of world, in established
older technology firms and most important factory.
It then describes in detail each Economy United Kingdom
The UK, a leading trading power and financial center, is the second largest
economy in Europe after Germany. Over the past two decades, the government
has greatly reduced public ownership and contained the growth of social welfare
programs. Agriculture is intensive, highly mechanized, and efficient by European
standards, producing about 60% of food needs with less than 2% of the labor
force. The UK has large coal, natural gas, and oil resources, but its oil and natural
gas reserves are declining and the UK became a net importer of energy in 2005.
Services, particularly banking, insurance, and business services, account by far for
the largest proportion of GDP while industry continues to decline in importance.
After emerging from recession in 1992, Britain's economy enjoyed the longest
period of expansion on record during which time growth outpaced most of Western
Europe. In 2008, however, the global financial crisis hit the economy particularly
hard, due to the importance of its financial sector. Sharply declining home prices,
high consumer debt, and the global economic slowdown compounded Britain's
economic problems, pushing the economy into recession in the latter half of 2008
and prompting the then BROWN (Labour) government to implement a number of
measures to stimulate the economy and stabilize the financial markets; these
include nationalizing parts of the banking system, temporarily cutting taxes,
suspending public sector borrowing rules, and moving forward public spending on
capital projects. Facing burgeoning public deficits and debt levels, in 2010 the
CAMERON-led

coalition government (between

Conservatives and Liberal

Democrats) initiated a five-year austerity program, which aimed to lower London's

budget deficit from over 10% of GDP in 2010 to nearly 1% by 2015. In November
2011, Chancellor of the Exchequer George OSBORNE announced additional
austerity measures through 2017 because of slower-than-expected economic

growth and the impact of the euro-zone debt crisis. The CAMERON government
raised the value added tax from 17.5% to 20% in 2011. It has pledged to reduce
the corporation tax rate to 21% by 2014. The Bank of England (BoE) implemented
an asset purchase program of up to 375 billion (approximately $605 billion) as of
December 2012. During times of economic crisis, the BoE coordinates interest rate
moves with the European Central Bank, but Britain remains outside the European
Economic and Monetary Union (EMU). In 2012, weak consumer spending and
subdued business investment weighed on the economy. GDP fell 0.1%, and the
budget deficit remained stubbornly high at 7.7% of GDP. Public debt continued to
increase.
Economic USA
The US has the largest and most technologically powerful economy in the world,
with a per capita GDP of $49,800. In this market-oriented economy, private
individuals and business firms make most of the decisions, and the federal and
state governments buy needed goods and services predominantly in the private
marketplace. US business firms enjoy greater flexibility than their counterparts in
Western Europe and Japan in decisions to expand capital plant, to lay off surplus
workers, and to develop new products. At the same time, they face higher barriers
to enter their rivals' home markets than foreign firms face entering US markets. US
firms are at or near the forefront in technological advances, especially in computers
and in medical, aerospace, and military equipment; their advantage has narrowed
since the end of World War II. The onrush of technology largely explains the
gradual development of a "two-tier labor market" in which those at the bottom lack
the education and the professional/technical skills of those at the top and, more
and more, fail to get comparable pay raises, health insurance coverage, and other
benefits. Since 1975, practically all the gains in household income have gone to
the top 20% of households. Since 1996, dividends and capital gains have grown
faster than wages or any other category of after-tax income. Imported oil accounts
for nearly 55% of US consumption. Crude oil prices doubled between 2001 and
2006, the year home prices peaked; higher gasoline prices ate into consumers'

budgets and many individuals fell behind in their mortgage payments. Oil prices
climbed another 50% between 2006 and 2008, and bank foreclosures more than
doubled in the same period. Besides dampening the housing market, soaring oil
prices caused a drop in the value of the dollar and a deterioration in the US
merchandise trade deficit, which peaked at $840 billion in 2008. The sub-prime
mortgage crisis, falling home prices, investment bank failures, tight credit, and the
global economic downturn pushed the United States into a recession by mid-2008.
GDP contracted until the third quarter of 2009, making this the deepest and longest
downturn since the Great Depression. To help stabilize financial markets, in
October 2008 the US Congress established a $700 billion Troubled Asset Relief
Program (TARP). The government used some of these funds to purchase equity in
US banks and industrial corporations, much of which had been returned to the
government by early 2011. In January 2009 the US Congress passed and
President Barack OBAMA signed a bill providing an additional $787 billion fiscal
stimulus to be used over 10 years - two-thirds on additional spending and one-third
on tax cuts - to create jobs and to help the economy recover. In 2010 and 2011, the
federal budget deficit reached nearly 9% of GDP. In 2012 the federal government
reduced the growth of spending and the deficit shrank to 7.6% of GDP. Wars in Iraq
and Afghanistan required major shifts in national resources from civilian to military
purposes and contributed to the growth of the budget deficit and public debt.
Through 2011, the direct costs of the wars totaled nearly $900 billion, according to
US government figures. US revenues from taxes and other sources are lower, as a
percentage of GDP, than those of most other countries. In March 2010, President
OBAMA signed into law the Patient Protection and Affordable Care Act, a health
insurance reform that was designed to extend coverage to an additional 32 million
American citizens by 2016, through private health insurance for the general
population and Medicaid for the impoverished. Total spending on health care public plus private - rose from 9.0% of GDP in 1980 to 17.9% in 2010. In July 2010,
the president signed the DODD-FRANK Wall Street Reform and Consumer
Protection Act, a law designed to promote financial stability by protecting
consumers from financial abuses, ending taxpayer bailouts of financial firms,

dealing with troubled banks that are "too big to fail," and improving accountability
and transparency in the financial system - in particular, by requiring certain
financial derivatives to be traded in markets that are subject to government
regulation and oversight. In December 2012, the Federal Reserve Board
announced plans to purchase $85 billion per month of mortgage-backed and
Treasury securities in an effort to hold down long-term interest rates, and to keep
short term rates near zero until unemployment drops to 6.5% from the December
rate of 7.8%, or until inflation rises above 2.5%. Long-term problems include
stagnation of wages for lower-income families, inadequate investment in
deteriorating infrastructure, rapidly rising medical and pension costs of an aging
population, energy shortages, and sizable current account and budget deficits including significant budget shortages for state governments.
Economic Mxico
Mexico has a free market economy in the trillion dollar class. It contains a mixture
of modern and outmoded industry and agriculture, increasingly dominated by the
private sector. Recent administrations have expanded competition in seaports,
railroads, telecommunications, electricity generation, natural gas distribution, and
airports. Per capita income is roughly one-third that of the US; income distribution
remains highly unequal. Since the implementation of the North American Free
Trade Agreement (NAFTA) in 1994, Mexico's share of US imports has increased
from 7% to 12%, and its share of Canadian imports has doubled to 5.5%. Mexico
has free trade agreements with over 50 countries including Guatemala, Honduras,
El Salvador, the European Free Trade Area, and Japan - putting more than 90% of
trade under free trade agreements. In 2012 Mexico formally joined the TransPacific Partnership negotiations and in July it formed the Pacific Alliance with Peru,
Colombia and Chile. In 2007, during its first year in office, the Felipe CALDERON
administration was able to garner support from the opposition to successfully pass
pension and fiscal reforms. The administration passed an energy reform measure
in 2008 and another fiscal reform in 2009. Mexico's GDP plunged 6.2% in 2009 as
world demand for exports dropped, asset prices tumbled, and remittances and

investment declined. GDP posted positive growth of 5.6% in 2010 with exports particularly to the United States - leading the way. Growth slowed to 3.9% in 2011
and slightly recovered to 4% in 2012.
System Government
The biggest differences are the most obvious ones: The USA is a republic, Mexico
also is a Republic, while the UK is a constitutional monarchy: in this case, a
representative democracy with a monarch at its head. The USA and Mexico has a
written constitution while the constitution of the UK is unwritten.
The President of the USA must have reached his thirty-fifth birthday and he must
be American born. The British PM must be at least 21 and a British citizen, though
citizens of certain other Commonwealth countries are eligible. The president of the
Mexico must have reached his thirty-fifth birthday and he must be Mexico born.
There are no set dates for general elections. A government by law can last no
longer than five years, but the election maybe called at any time inside that period.
The date of the general election is entirely the choice of the sitting Prime Minister,
who will naturally choose a date when his party is ahead in the opinion polls. This
does not always guarantee victory, as opinion polls can be wrong (eg 1970 and
1992). At the end of five years there has to be an election, whether the PM wants it
or not. PMs who hang on until the very end of their five-year period usually come to
grief (eg 1979 and 1997). It is not unheard of for a Prime Minister to call an election
quite soon after the previous one in order to win, he hopes, an increased majority
in the House of Commons (eg March 1974 and October 1974). By tradition but not
by law, elections always take place on Thursdays. In USA every four years
president is elected, with the possibility of reelection, in Mexico every six years
president is elected, with not the possibility of reelection.
In Mexico and UK have different Political Parties, USA meanwhile only two Political
Parties (Democrats and Republic).
The UK government is not split into branches. The House of Commons reigns
supreme, and the party with the greatest number of members of the Commons is

the governing party. The leader of the governing party becomes Prime Minister,
who almost has the power of a king. He or she alone has the power to declare war,
to make alliances, to use nuclear weapons, and to appoint the people of his choice
to the Cabinet, the various government ministries and offices of state. These
appointments are entirely his choice and are not subject to scrutiny or confirmation
by any other person of body. The PM also has the power to dismiss (demand the
resignation of) any serving minister or secretary of state. In USA Its divided into
chamber of senators and House of Representatives, which serve as opposition or
support for President, in Mexico its divided into chambers of Diputados and
chamber of senators, also it serve as opposition or support for President, similar to
USA.
Education
Children from ages 5 to 16 are required to attend school in the UK, either through
state schools, independently, or home-schools (state schools are free) (Office of
Public Sector Information). At the age of 16, students have a choice of whether
they want to continue or not. If they continue, they will leave 'school' and attend
sixth form (what they call 'college), which is two years of pre-requisite courses for
students interested in going to university. At the age of 16, students in the UK
decide on what their field of study will be while in university. The courses they take
at sixth form will be related to what they will study while at university (ex. an
engineer will take mathematics/physics courses during sixth form). In order to pass
sixth form, students need to pass standardized A-level tests. Students then apply
to the universities of their choice. The scores that they receive on their A-levels are
given to universities to help determine whether the student is accepted or not.
In the US, students are required to attend school until they are 16 via public or
private schools, or by being home schooled. Students typically enter high school at
the age of 14, and complete the four years of high school and graduate at 18. At
the age of 18, students either have the choice to continue their education at
university (also known as college in the US), or they can stop school and attempt
to find work. Students electing to contine their studies will apply to universities of

their choice. During the last two years of high school, students take a nationwide
standardized test that covers math, science, reading, and writing (the test is either
the ACT or SAT, depending on where you live and what university you're applying
to). The results on these tests along with the students' average grade in high
school help the universities determine whether or not the student gets accepted.
In Mexico to Basic education includes preschool, primary school and lower
secondary school. Federal, state, and local governments provide 93 percent of
basic education, while private schools provide about 7 percent.
Preschool is optional and free, covering children aged between three and five
years of age in three grades.
Primary education (6 years) is compulsory, with the state providing free
education from the age of six. Primary school children spend between four and
four-and-a-half hours in class every day. There are several educational pathways
for specific population groups, including general education, bilingual-bicultural
education and community education for children in the isolated regions of the
country.
Lower-secondary education (3 years) is considered part of basic education and
is compulsory as well. In order to enter students are required to have successfully
completed six years of primary education.
After completing basic education students have the option to continue their studies
in upper-secondary education (3 years). This stage is non-compulsory and has
three pathways:

General upper-secondary

Technical professional education

Technological upper-secondary

Grading system Mexico

The grading system for most institutions at all levels ranges from 1 to 10 with
the following grades:

9-10: Muy Bien (MB) very good

8: Bien (B) good

6-7: Suficiente (S) sufficient

0-5: Reprobado (R) fail

Advance level in UK
The General Certificate of Education (GCE) Advanced Level ('A'-level), is graded
on a scale of A*-E, with U as Unclassified (Failed), and previously an intermediate
N (Nearly passed) which was awarded for papers missing grade E by a very small
margin. The marks in each paper are converted to a Unified Mark Scheme (UMS)
according to the difficulty and weighting of the paper, and the individual UMS for
each paper is added to give an overall score (out of 600 for a full 'A'-Level). It is
important to note that UMS marks for a paper are not the raw marks. The UMS
marks for each grade, and maximum obtainable, are as follows:

Numerical and Letter grades in USA

The typical awarded from participation in a course are (from highest to lowest) A,
B, C, D, and F. Variations on the traditional five grade system allow for awarding

A+, A, A, B+, B, B, C+, C, C, D+, D, D, and F. D is sometimes omitted, under

the assumption that anything less than a D is by definition, failure. In primary and
secondary schools, it is also uncommon for a D to be considered passing, so the
general standard is that anything below a 60 or 75 is failing, depending on the
grading scale. In college and universities, a D is considered to be an unsatisfactory
passing grade; the student gains credit for the class but cannot move on to more
advanced classes until a C or better is obtained.
Below is the grading system found to be most commonly used in United States
public high schools, according to the 2009 High School Transcript Study.

Bibliography
https://www.justlanded.com/english/Mexico/Mexico-Guide/Education/Introduction
http://www.nationmaster.com/country-info/compare/Mexico/United-States/Economy
http://www.nationmaster.com/country-info/compare/United-Kingdom/UnitedStates/Economy
http://bucknakedpolitics.typepad.com/buck_naked_politics/2007/08/t-13-8thirteen.html
http://www.rogerdarlington.me.uk/USvsUK.html
http://www.patjk.com/2011/01/united-kingdom-uk-vs-united-states-usa-educationsystems
http://www.fulbright.org.uk/study-in-the-usa/school-study/us-school-system