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MILL5
MILL5
There are two types of billions, one is the American Billion and the other is the English Billion.
Unit = 1
Ten = 10
In the English system 10⁹ would be Thousand Million. And a Billion would be a million times
million = 10⁶ × 10⁶ = 10¹²
But ever since the decline of Britain, and ascendency of U S of America, when we say Billion it
would simply mean an American Billion rather than the English Billion.
The number of zeros in a Billion are same as the power to which ten is raised. So in a billion
there are 9 zeros after 1.
Edit:
So we have
Billion = 10⁹
In the American, we have thousand (10³), next is million (=thousand times thousand =10⁶), next
is billion (=thousand time a million = 10³ × 10⁶ = 10⁹), next is trillion (= thousand times a billion
= 10³ × 10⁹ = 10¹²). The numbers units are multiples of thousand, ie we have thousand, million,
billion, trillion, each succeeding unit being thousand times of its predecessor.
In British system they are in multiples of million times the previous unit.
Upto million both American and British systems are the same.
After million, they have ten million, hundred million, thousand million, ten thousand million,
hundred thousand million and then million times million is billion.
British
Thousand = 10³
Million =10⁶
Billion = 10¹²
Trillion = 10¹⁸