The lack of comprehension especially shows when talking about money, but that's not the only category. Scott starts by setting the baseline of a million dollars with a short, one-minute walk. share. level 2. Pundits and newspapers saying a-million of one thing and a-billion of another does not make it clear the difference is a multiplier of one-thousand times, not just 1,000. Report Save. Claim: A million seconds ago was July 24th, and a billion seconds ago was 1988. 100% Upvoted. 1 000 000 000= thousand million. It reminds me of the scaled solar system a few years ago. Log in or sign up to leave a comment … It’s not just another Eskimo word for snow. Stack one million dollar bills after the other and it’s about the length of a football field. 1 month ago. Oh scale, you are a tricky thing. Vote. 0 comments. Short numeric scale. share. 1 000 000 000 000= european billion (equivalent to a million million) 1 000 000 000 000 000= thousand billion. Close. Reply. The short numeric scale is used in Brazil and the majority of countries where the official language is English. If we wanted to refer to a thousand million, we simply said “thousand million” or more rarely “milliard”. save. About a billion. What’s the difference between a million and a billion? In English, a “billion” is 1 000 000 000 (a thousand million). But in 1974 we officially… Yet our understanding of the difference isn't very good, leading to absurd situations in Washington where attention paid to legislation seems to have no correlation to the amount of money at stake. Intellectually, we all know that a billion is much more than a million. Million = 1,000,000 = 10 Lakhs (in ₹) Billion = 1,000,000,000 = 100 Crores (in ₹) This has always been the case in US English. A billion dollars looks like this in $100 dollar bills. 1 000 000 000 000 000 000= trillion. The difference between a million and a billion is basically a billion. report. In British English, in the past the word “billion” meant a million million. You know, 1,000 times more. A billion is this number: 1,000,000,000 A million is this number: 1,000,000 A billion is a thousand times as big as a million. Stack one billion, and he has to drive for an hour. 575. Reply. One million vs. one billion. On the same scale, one million pennies, or $10,000, represents a trillion. View Entire Discussion (308 Comments) Report Save. The difference between a million and a billion It's a very common bias among the mathematically illiterate to gloss over these words and put them into the same category of magnitude. hide. What’s the difference between a million and a billion? When assessing a trillion-dollar expenditure, debating a billion dollars is … 1 000 000= million. Posted by just now. The problem is using words to communicate the number of places in a value grossly under-represents the value. We know that Jeff Bezos is a lot wealthier than Beyoncé for example, and that Bill Gates’ wealth puts the Kardashians to shame. I hate that statement because that's just how rounding works "The difference between a hundred and 1 is basically a hundred" 109. share.