Billion may refer to either of these two values:
or
Most English-language countries use the short scale. For example:
Australia Canada (English-speaking) Hong Kong (English-speaking) Ireland (English-speaking) New Zealand Philippines (English-speaking: Some short-scale words have been adopted into Filipino.) South Africa(English-speaking) Singapore (English-speaking) United Kingdom United States
A full list a all short and long scale countries can be found on Wikipedia, click the related link below.
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700,000. 700,000 times 1 million equals 700 billion
10 x 100,000,000 = 1,000,000,000
1 million millions equals a billion.
Let h be the amount of millions that equal 1 billion. But first, let us discuss something simpler. How many tens equal 100? The answer is easy: 10. You can easily count this on your hand. OK, now to progress: How many hundreds equal 1,000? Answer: 100. Then: How many thousands equal 1,000,000? Answer: 1,000 Do you see the pattern? We can deduce from this pattern that h is 10,000. Therefore: Ten thousand millions are equal to 1 billion.
a thousand millions