What’s the history behind the different meaning of a billion in US
Here in Europe billion equals to 1 000 000 000 000, but
in US it’s only 1 000 000 000!
The same difference goes further with trillions, quadrillions etc.
In US only three zeros are added, we add always six zeros.
I think we are right in here in Europe because bi=two, tri=three
2x6 zeros = billion, 3x6 zeros = trillion, 4x6 zeros = quadrillion.
To be more specific
- when this happened?
- who made the mistake?
- did he make it on purpose, what was the reason?
- did the European standard exist first (I think yes)?
Tarmo Typpi, Helsinki, Finland
The other difference is the decimal point, we have a decimal comma in Europe.
And of course the European thousand separator is a point!
Still asking who, why, where, when changed this?