In this thread, I want to discuss the story of a country that for the last 100 years has succeeded in becoming the largest economic power in the world, especially if it's not the United States. even though about 150 to 200 years ago the American economy was nothing when compared to, for example, the British Empire, the Chinese empire and also the kingdoms in Hindustan, but only in a short time, the current American country could become a giant power in proportion to GDP (Gross Domestic Product). reached 24% of all GDP in the world.
How can you compare 18th America to the Chinese empire and if you want a better example, here it is: The Roman Empire. But you can't compare them to each-other because the situation was very different, the education was very different, mentality, technology, etc. You are comparing apples to oranges.
So the question now is why did America become such a big economic power? even though if we look at the history of America 100 to 200 years ago it was just a nomadic colony which was a runaway from the Europeans so at the beginning of their independence in 1776 the American people were still very far from the word prosperous, most people in America needed to fight to fight against the ferocity nature and winter even fought against the local population to be able to survive everyday with a GDP that was only 2% of the world's GDP at that time. The United States is by no means considered a force to be reckoned with. My question is what are the factors that make the United States the largest economy in the world?
The USA has a big land with lots of resources, variety of climates, with mountains, lakes, rivers, deserts, and islands, with oceans around it for external trades and transportation and rivers for internal trades and transportation. You have to keep in mind that The USA started as an extension of the Great Britain. This brought all the scientific, engineering, medical and other achievements available to learn for Americans. So, because of brits, the USA quickly leveled up. Then the world war started, the WW1 and WW2, this is the time when all the modern and well-established European countries are bombing and destroying each-other while an isolated America continues developing and improving. A lot of people from Europe migrated into the united states, that means a lot of skilled workers, farmers, scientists, engineers moved into the USA. After the end of world war 2, the whole Europe had to rebuild and put all the resources into it. America, that hasn't been bombed and that has taken all the advantages in world wars, now was the only one standing unaffected with great strength and power. America took advantage of it and took all the greatest scientists of Germany, this was something that people ignore but it was tremendous achievement too. The USA offered money and resources to destroyed Europe and EU did so but everything has the price, so, that's how EU become dependent on the USA, there we have NATO, US dollar and all the other things that make us dependent on America.