How far does a US dollar go around the world?

Posted on August 07, 2011 by Margo Aronovich | 0 comments

It doesn’t sound like much. Over the last century, the value of the dollar has decreased immensely. To a teenager growing up in America right now, a dollar seems inconsequential. In fact, it barely buys you anything tangible anymore! You will be lucky to purchase How far does 1 us dollar go around the world? Click to find out.anything other than a 5-stick pack of Juicy Fruit gum at the grocery store, including tax, for a dollar. Our America right now is raising a generation of people who think that a dollar is, for all intents and purposes, a joke. Huge numbers and salaries are thrown in our faces left and right – game shows with $20,000 weekly prizes, profits of big budget action films, salaries of CEO’s plastered on the news, and stunning prices for name brand clothing and haute couture food in trendy restaurants. 

Reality check – a dollar is a life saved. To take a look at what a dollar can buy you around the world is mind blowing. For your $0.89 + tax pack of Juicy Fruit in the U.S, you can buy three pairs of sandals in Vietnam. Those are shoes for a family that can last for years. In Kenya, $1 buys eight cups of milk, vital calcium and nutrition for a family. In India, $1 buys you 2-3 pieces of bamboo for building or ½ a unit of blood for a transfusion. In Ghana, for the price of a pack of Tic Tacs in America, you can buy 4 1/3 rolls of toilet paper or 2 ½ bottles of palm oil, or 87 tablets of Penicillin. That dollar worth of Penicillin can save a person from any number of diseases from escalating.

According to the World Resources Institute, in Bangladesh, that same dollar will buy you seven bars of soap, or one dozen eggs. A family of four interviewed in rural Bangladesh calculated that they spent about 80 cents a day on food and fuel, which allowed them to buy and cook two meals of rice and beans, and the very occasional piece of meat. Medical costs were abut 3.3 cents a day ($12 a year), mainly on cough and cold medicines. Other expenses included 4.1 cents a day on clothes ($15 a year), and 1.6 cents on school books ($6 a year).

So what can we do, as consumers, to make sure that our spending is both purposeful and worthy? We can respond to the severe need around the world by making sure that we buy with thoughtfulness! When you can buy a shirt from a department store for their profit, or buy one that sends money to a school in Ghana, the choice is easy. At DoGoodBuyUs, we support and empower nonprofits in their mission to educate and recreate e-commerce. Fundraising, donations, and raising awareness are all amazing things we can do to support others in need, but by supporting this phenomenal marketplace for nonprofits, we give with a purpose, we get a beautiful product, and its a win-win!

Show your heart and wear it with pride!

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