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Topic: Why America Can Be The Biggest Economy In The World? - page 3. (Read 767 times)

legendary
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Of course, there are many opinions on this subject and they can all be correct in the sense that each person is talking about a valid point, and the truth can be all of these points combined.

In my opinion, the United States managed to become the largest economy in the world due to many important factors, but perhaps the most important of them are the many natural resources that were not previously exploited because the indigenous people were primitive.

The second factor is immigration. At the beginning of the discovery of America, Europeans who dreamed of obtaining wealth and free land began to migrate there. Of course, most of the immigrants were Europeans, and thus they brought their renaissance with them there. Today, we see that the brain drain continues to the United States, which encourages it by offering many advantages to the great minds until it was able to attract the largest minds in the world.

The last factor is the great military power, thanks to its great military power, the United States was able, directly or indirectly, to control most of the resources of the whole world.
hero member
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So the question now is why did America become such a big economic power?
I don't see that, maybe you just see in the skin only, even inside it was destroyed.

after the Bretton Woods era, the US change the monetary system to Dollar, US economy grew significantly because they insist on another country using Dollar as payment while they print that paper daily. I don't know, what is the value is paper? which every people use and believe on central bank. Yes, what makes the US the biggest until now is Bank, I think if the bank collapses, and can't print dollars anymore, the US will die.


I'm not from US but the value of US dollars really worth a lot in here.You could even live in a week with $100 if you convert it into our currency. And yes when US dollar grew worldwide it also impacted their economy as more people encourage to use USD. Not only that most investors are from US as they know how investment works unlike in other country. I don't think USD would stop printing money and it wouldn't let that happen they will have solution for it asap since it might affect the economy. Workers here much prefer to work abroad since the money they could get is higher than in my country.


Everything will change, America's position as the No. 1 power will be replaced, and the USD will no longer be the world's main currency. But that won't happen now and in the near future. I also don't live in the US and I don't like America because of what they do to my country and many other countries around the world. But it cannot be denied that the US is still dominating our world, the USD is still the strongest and most used currency. Things are slowly changing, but the US will also find ways not to lose its top position.
legendary
Activity: 3248
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You do love to talk about other nations but as I have started earlier, other nations did human rights violations too and I agreed to that, and I have said that USA wasn't the first. However as you can see the topics name is why america is richer, not why spain or uk or any other nation. If you want you can open a topic about other nations and we can talk about them.
....

It looks like my English is bad Smiley Or someone has a bad attention Smiley
Let me just write two sentences, it will be clearer:
1. Read my first post - there about the reasons why the United States is the richest country, why they have the most powerful economy, army, politicians, and all of them, who for good and who with malice, envy.
2. In response, they began to write to me that this is all based on slavery and the destruction of the local population. And in response to these dubious statements, I painted what happened, when it happened, who was a direct participant in these crimes.
And now some are trying to turn my thought around and present it, supposedly I’m talking about nothing at all about what the essence of the topic is, and I’m trying to justify the crimes .....

I hope you understand what I wrote? Smiley


The US is the best country in the world? Is that what you want to say in all of your comments? And they can shit wherever they want, but they are the best and their reasons are always justified? Smiley

Captain Corporate wrote some very nice comments... great job man! Everything you wrote is true, and we are still trapped in the same system. The ones in power are doing whatever they want, and they don't care much about anything except more power and more money. History is dark, and many people/places around the world are still dark.

The Wire: Micheal Franti and Spearhead- Oh my God
legendary
Activity: 3752
Merit: 1864
.....
You do love to talk about other nations but as I have started earlier, other nations did human rights violations too and I agreed to that, and I have said that USA wasn't the first. However as you can see the topics name is why america is richer, not why spain or uk or any other nation. If you want you can open a topic about other nations and we can talk about them.
....

It looks like my English is bad Smiley Or someone has a bad attention Smiley
Let me just write two sentences, it will be clearer:
1. Read my first post - there about the reasons why the United States is the richest country, why they have the most powerful economy, army, politicians, and all of them, who for good and who with malice, envy.
2. In response, they began to write to me that this is all based on slavery and the destruction of the local population. And in response to these dubious statements, I painted what happened, when it happened, who was a direct participant in these crimes.
And now some are trying to turn my thought around and present it, supposedly I’m talking about nothing at all about what the essence of the topic is, and I’m trying to justify the crimes .....

I hope you understand what I wrote? Smiley
hero member
Activity: 2156
Merit: 575


You do love to talk about other nations but as I have started earlier, other nations did human rights violations too and I agreed to that, and I have said that USA wasn't the first. However as you can see the topics name is why america is richer, not why spain or uk or any other nation. If you want you can open a topic about other nations and we can talk about them.

All those "british, french, spanish, germans" etc, are americans, just because they came from europe doesn't change the fact that they stayed and became americans there. The killing of native americans and giving them a small land to live in and conquering all the other lands for themselves by literally murdering and taking scalps of native americans was the core start of how they got richer at first. This is a nation as big as nearly all of europe, and was owned by federation of states getting together, versus other nations that are as big as just states of it, mostly even smaller than that. Native americans, slavery, and all the other things "started" it as I have said a million times so far. Just because you recovered and paid it back today, doesn't change the fact that it was teh start of it, thats how it all started, surely its much better today, but that doesn't change the fact that it was horrible at the start. You agree that crime was made, but you disagree on that helped at the start of it? This is why I keep saying that you can talk this with any historian you want, I have, I literally did that for 4 years in college, and it is agreed that taking continent wide fertile lands by mudering people, and then using slavery was the kickstarter, sure it got better from there (and even today there are discriminations) but that was the start and that helped. Which is why I believe that you can argue this a million times on how great it is today, but you won't change the past and you just have to accept the fact that USA has a very very dark history and that is why we all need to accept the fact that the question was about how it got there, and this is how they got there.
sr. member
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America is still the world's number one economy and could be the world's largest economy because strong growth has a positive impact on employment, wages and consumer spending. America is the most powerful country in the world economically america's GDP is about 33.06 percent of the global economy. The economic status of many countries in the world is directly and indirectly dependent on america. Also like other developed countries, the GDP of america has been declining for the past two decades due to various reasons such as political conflicts economic stability etc.
legendary
Activity: 3752
Merit: 1864


Alright, glad we agreed on China and Russia.

Back to USA;

Indians given lands when all of the land was theirs is still a good thing considering the alternative was murdering them all for you guys. USA literally killed and collected SCALPS of native Americans, SCALPS! and got paid by the scalp they can get. This is the land that this nation was built on. Just because they have reservations now, doesn't delete any of the wrong that was done to them, even today they are discriminated in many ways, but at least they have their own place.

Blacks not being the reason why you went to moon (false, blacks worked on it for less pay and not even were allowed to use the same toilets, that is USA for you, people who help you send man to moon were not allowed to use the same toilets as whites) may not be the case, but the point is that without ANY slavery at all, zero slaves, then USA wouldn't be able to grow into the nation it is today. I am not saying it is the ONLY thing that made it big, like I said before, there were human rights violations in other nations that didn't grow bigger, Africa had plenty of dictators that were committing human right violations per day, and yet they didn't grow that much. So I agree that it wasn't the only thing, but without that, you wouldn't be this big, that was the big start that help you grow, and then you put on top of that, we agree on the fact that you put on that, but you are blind to the fact that without zero slaves, you have absolutely nothing to put on top of, you would have been a decent nation, but not this big.

Chinese in America; check the history of it, Chinese arrived in America during early period as well, worked in mines, for gold, and even blew up mines with them still in it, there are a lot of history about it if you want to read it, not going to go find it for you, can't be bothered, but search for early USA and Chinese and you will see it, this is around California gold rush period, so look for early-ish 19th century.

You can't just look at USA and say "yes USA did some bad  things, but we are good now". Even today they have so many troubles, look at Michigan flint, they literally had no clean water for years, imagine that being true for a white town, don't you think they would fix it quickly? They would, but because Flint wasn't, they didn't care. Why do you think black lives matter was such a huge deal? Why did they rise up so much? Just for fun? Blacks are still discriminated, mainly by the cops, even today.

I studied America back and forth, from the earliest days of ever being discovered, disputes about vikings to the Spanish and British empire and many others, to today's world, not just for fun, that was literally my college degree, that's literally what I have a diploma from. You can try to say whatever you want, what I stated so far are all facts, you can fact check every single one of them, they are all correct. USA committed countless human right violations, and that may not be the only reason, but without those human right violations, they wouldn't be this big, simple as that.


very nicely described! But there is a nuance. Firstly, the natives of North America were not destroyed by the Americans Smiley For that matter, but by the British, French, Germans, Spaniards, Dutch, and many others who left their lands. I do not deny the fact of a terrible crime, but I would like to provide information as it really was. Not the way you want to present it.
In summary: a terrible crime was committed. But then, it was recognized, the state assumed obligations to implement compensation and rehabilitation mechanisms. by the way, mind you - we are talking only about the crimes that took place in the part that now occupies the United States. Question - what did you keep silent about the events of the Columbian and before the American era, in Central and South America? Or "something else"? Smiley
But back to the US:
1950 - 357.4 thousand people
1960 - 573.5 thousand people
1970 - 763.5 thousand people
1980 - 1.42 million
2000 - 2.42 million
2010 - 2.93 million

Guess what it is? This is the population of the indigenous inhabitants of the territories of the United States, the Indians. Do you think they could increase their population so much if they were further persecuted?

You are "worried" about the USA, because unlike all the others who committed such crimes (and even larger ones, but you are not interested, this is not about the USA):
- admitted to committing a crime
- having an excellent economy - they created very comfortable conditions for people, they paid / are paying / and will pay compensation to the heirs of the victims, and in amounts that are fucking more watering the world - an unattainable DREAM
- continue to develop, and for some reason the former "slaves" do not want to run away from there, for example, to "developed socialism", but work for the good of their country!
member
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because so many businesses were thriving there in the first place, as well The US has a culture that encourages entrepreneurship and innovation. This has led to the creation of many successful companies, from tech startups to established multinational corporations.

Yes, if one looks at it, it does. For starters, the US has a thriving business environment, which has produced many successful companies across a wide variety of industries. related culture in the US also encourages innovation and entrepreneurship, which in turn drives business growth meaning the combination of these factors allows the US economy to grow and develop consistently, making it the dominant force in the global economy. As long as these factors persist, America's economic dominance is likely to continue for the foreseeable future.
sr. member
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My question is what are the factors that make the United States the largest economy in the world?

I think that the success of America is linked with its hard work and it's discoveries. United state has created so many goods due to which the economic system become good. All those who are getting education from United state are all on great posts and therefore lots of people join the education system of united states which also has a positive impact on economic system.

All the citizens of united states work better with a goal in their mind and they don't let go it until they have fulfilled their dreams so in this situations their hard work lead to the successful status of that country. Economic system of a country also depends on the work of individuals of that country, their discoveries and their aims towards a successful destination.
full member
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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 world prosperous, most people in America needed to fight against the ferocity nature and winter even fought against the local population to be able to survive every day 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?
I think the United States is powerful economy of the word due to the industrialization technological advancementsan entrepreneurial spirit and abundance of natural resources a stable political and emphasis on education and human capital as well as international trade and investment that why United States has grown to be the largest economy in the world. these factors have promoted economic expansion and drawn investment allowed American companies to access international markets, turning the nation into a major economic force. After the United States China is become the strongest Economy in the world.
hero member
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Do we have such stats of very recent time?

Because I read or saw somewhere that China is having highest GDP but don't know the accuracy of such but anyway China is actually becoming the next America which is visible and possibly happen in a decade itself. Look at the growth of China and America then you know which country is going to be the next big thing.
sr. member
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There are a lot of factors that made America what they are today but I like to focus on "capitalism" because I feel it's the biggest factor.
America made the country easy to do business in and with. Very few big multinational corporations today don't have a branch or do business in America. If you look at the list of the 50 richest people in the world, 25 are Americans.
America is a good and big market for any kind of business. It is not called "the land of opportunities" for no reason.

The Soviets, if they had not broken up wouldn't have been able to achieve what America has achieved today because they were mainly focused on military might. Secondly, at the peak of the Soviet Union, almost, if not all companies were state-owned. America on the other hand, focused on military might but they're also fully focused on other parts of the country, and a lot of their companies were private-owned companies. 
hero member
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This is splendid Topic to discuss considering we could know the answer for this question from different mindset’s and preferably those who already know American history. I think in this regard native Americans who learnt the history and economics together can answer this way better.

For my knowledge and logic one thing is sure, Americans got one unique thing and that’s collection of all the settlements from every corner of the world. Greatest minds, industrialists, developments and researches started on their lands. For sure this up lifted Americas economic growth in the positive direction.

The modesty level and standard of living was way way higher in America and they left the poor aesthetic world behind thus pushing themselves many light years ahead of everyone. That’s my take on that and it was unreal.
legendary
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It is true that USA has a dark history, but I think that the fact that they reinvested most of their profits to improvement of life is also a great deal.

I mean the difference between USA and China would be that they both violated human rights, and in return they ended up different, China is strong as a nation, but individually people are poor and not living like Americans, whereas USA violated human rights, you can agree or disagree that it made them as rich as they are now, but they DID have slavery and terrible discrimination, but they at least used that to make the nation stronger while keeping individuals rich, look at how rich a regular American is, and look at how rich a regular Chinese person is and you will see the difference. THAT is the reason why USA is so big, the wealth is shared better than any other big nation.
sr. member
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because so many businesses were thriving there in the first place, as well The US has a culture that encourages entrepreneurship and innovation. This has led to the creation of many successful companies, from tech startups to established multinational corporations.
hero member
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Alright, glad we agreed on China and Russia.

Back to USA;

Indians given lands when all of the land was theirs is still a good thing considering the alternative was murdering them all for you guys. USA literally killed and collected SCALPS of native Americans, SCALPS! and got paid by the scalp they can get. This is the land that this nation was built on. Just because they have reservations now, doesn't delete any of the wrong that was done to them, even today they are discriminated in many ways, but at least they have their own place.

Blacks not being the reason why you went to moon (false, blacks worked on it for less pay and not even were allowed to use the same toilets, that is USA for you, people who help you send man to moon were not allowed to use the same toilets as whites) may not be the case, but the point is that without ANY slavery at all, zero slaves, then USA wouldn't be able to grow into the nation it is today. I am not saying it is the ONLY thing that made it big, like I said before, there were human rights violations in other nations that didn't grow bigger, Africa had plenty of dictators that were committing human right violations per day, and yet they didn't grow that much. So I agree that it wasn't the only thing, but without that, you wouldn't be this big, that was the big start that help you grow, and then you put on top of that, we agree on the fact that you put on that, but you are blind to the fact that without zero slaves, you have absolutely nothing to put on top of, you would have been a decent nation, but not this big.

Chinese in America; check the history of it, Chinese arrived in America during early period as well, worked in mines, for gold, and even blew up mines with them still in it, there are a lot of history about it if you want to read it, not going to go find it for you, can't be bothered, but search for early USA and Chinese and you will see it, this is around California gold rush period, so look for early-ish 19th century.

You can't just look at USA and say "yes USA did some bad  things, but we are good now". Even today they have so many troubles, look at Michigan flint, they literally had no clean water for years, imagine that being true for a white town, don't you think they would fix it quickly? They would, but because Flint wasn't, they didn't care. Why do you think black lives matter was such a huge deal? Why did they rise up so much? Just for fun? Blacks are still discriminated, mainly by the cops, even today.

I studied America back and forth, from the earliest days of ever being discovered, disputes about vikings to the Spanish and British empire and many others, to today's world, not just for fun, that was literally my college degree, that's literally what I have a diploma from. You can try to say whatever you want, what I stated so far are all facts, you can fact check every single one of them, they are all correct. USA committed countless human right violations, and that may not be the only reason, but without those human right violations, they wouldn't be this big, simple as that.
legendary
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Free market capitalism plus democracy gives you the worlds greatest economy. It isn't a difficult formula, we can look at Israel as an example:

Israel initially started off mostly as a socialist nation because of the government spending into social welfare stimulus. In just a few generations they took a socialist nation with high government spending of social welfare programs with low GDP into a country that participates in the global economy with advanced medical/military research sectors. Benjamin Netanyahu became PM in the 90's and adopted free market capitalism (also reduced social welfare), and Israel's GDP over the last two decades increased massively.
sr. member
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I heard that in America, people there can choose to not work and they are still being supported by their government.


I heard that too and I think it's very helpful to the people. I just hope we have that too in our country Actually, it is not like an income that the American government provides for people who don't work. It is more like financial assistance for those individuals and families who meet certain eligibility criteria and are in need of assistance. They have funds for their programs which comes from tax revenue collected by the government, and they use it properly. That is what I really hope we have in our country, good governance. They might often have debates and discussions but those are inevitable and what is important is at the least the government listen to its people and know when to leave the position.


America has a smart and productive Society,
making all of the many natural resources that can be processed and can make the United States economy continue to rise to the top of the world.

The conclusion is that in my opinion America can become a developed country that has lasted a very long time until now, due to its abundant natural resources, and being able to use them very well.

Yeah. We cant deny as well that America has a huge population. I think this large population can provide the country a broad base of human capital like expertise in various fields such as science, technology, and everything. They have variety of culture, wisdom, and capabilities and they use it so well. Take note as well the  labor force, which can provide a diverse pool of talent and skills for businesses and industries in America. They are really doing so well.
hero member
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It mostly depends on the citizens behavior to work hard, want to get rich and anything related with financial. The government need to work and being transparent, if they're keep corrupting and not want to make their country developed, in the end only few people are rich and most people are poor, which make the economy on that's country isn't good in general.
I heard that in America, people there can choose to not work and they are still being supported by their government. So why is this country still rich? That is because their government is great. However, being a rich individual does not depend on the government but it depends on the individual on what measures they want to do in order to achieve it. There are so many ways that we can do and if we think our economy is badly beaten up, we can always migrate to the other country. Many people are doing this and they successfully change their lives now.

if Biden don't happy with it and will try anything to beat China, America can still become the biggest economy in the world because they might threaten China with their military power or cut/restrict China's expedition.
No country wants to be overtaken by the other. America is also strong so they can always fight back and even destroy China.
sr. member
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So the question now is why did America become such a big economic power?
I don't see that, maybe you just see in the skin only, even inside it was destroyed.

after the Bretton Woods era, the US change the monetary system to Dollar, US economy grew significantly because they insist on another country using Dollar as payment while they print that paper daily. I don't know, what is the value is paper? which every people use and believe on central bank. Yes, what makes the US the biggest until now is Bank, I think if the bank collapses, and can't print dollars anymore, the US will die.


I'm not from US but the value of US dollars really worth a lot in here.You could even live in a week with $100 if you convert it into our currency. And yes when US dollar grew worldwide it also impacted their economy as more people encourage to use USD. Not only that most investors are from US as they know how investment works unlike in other country. I don't think USD would stop printing money and it wouldn't let that happen they will have solution for it asap since it might affect the economy. Workers here much prefer to work abroad since the money they could get is higher than in my country.
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