WASHINGTON, July 6, 2016 /PRNewswire-USNewswire/ -- Following is the daily "Profile America" feature from the U.S. Census Bureau:
POWERS OF TEN
Profile America — Wednesday, July 6th. The Constitution of the United States, ratified in 1788, somewhat famously made this nation the first in the world to conduct a census of population on a regular basis. Every 10 years, in fact. Divisibility by tens had still more and earlier attraction for the Continental Congress, as on this date in 1785, for the first time in history, a nation adopted a decimal coinage system, founded on the dollar we know today. At the time, money systems around the world were a chaos of fractions and units. Today, only two of the 190-plus countries in our world — Mauretania and Madagascar — do not have decimal-based currency. There are 1.4 trillion of our decimal-based dollars in circulation. The median annual income in America's 116 million households is about $54,000. Profile America is in its 20th year as a public service of the U.S. Census Bureau.
Sources:
Dollar/accessed 5/3/2016: http://www.bankersnotes.com/2013/07/jul-6-1785-happy-bday-us-dollar-surely.html
Decimal adopted/accessed 5/3/2016: http://www.investopedia.com/financial-edge/0709/on-this-day-in-finance-july-6---the-united-states-adopts-the-dollar.aspx
Countries in the world/accessed 5/3/2016: http://www.worldatlas.com/nations.htm
Countries without decimal currency/accessed 5/3/2016: https://en.wikipedia.org/wiki/Non-decimal_currency
Currency in circulation/accessed 5/3/2016: https://research.stlouisfed.org/fred2/series/WCURCIR/
Households and income: http://quickfacts.census.gov/qfd/states/00000.html
Profile America is produced by the Center for New Media and Promotion of the U.S. Census Bureau. Statistics and accounts drawn from cited non-Census sources are employed for illustrative or narrative purposes, and are not attested to by the U.S. Census Bureau. These daily features are available as produced segments, ready to air, on the Internet at http://www.census.gov (look for "Audio" in the "Library" pull-down menu).
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SOURCE U.S. Census Bureau
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