Why America Can Be The Biggest Economy In The World?

[Mame89]

Sumber gambar : media.bareksa.com

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.

right now even if for example compared to other countries, America is 20 times larger than the GDP of other countries, even the number of financial assets in America in 2021 then covers 28% of all financial assets in the world. in the same year, now entering America's natural wealth, it has the second largest natural resource in the world with a value of 45 trillion dollars which includes coal, natural gas, copper, gold, wood and many more specifically with gold America has the largest gold reserves in the world. world today, namely 8,133 tons. this gold reserve of America's wealth does not include its vocal vocal industry like Hollywood and also the music industry and also the technological empire that almost monopolizes access to information technology around the world.

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?

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[Hispo]

If I had to guess with the knowledge I have about the United States today. I would say it is a collection of things which allowed that country to reach a big status in the international stage: emphasis in technological development, a strong military culture, attracting the brightest minds to live there and work for them (Einstein and the Scientist of the project Paperclip being the most famous examples). The military position together with the technological advantage can help to further boost their economy.

I believe the rise of USA accelerated a bit after the fall of the Soviet Union, but I am not sure. It would make sense though, since USA stayed has the only superpower for a long time, being only China the most recent foe in that aspect.

[Mate2237]

From the best of my knowledge on international Economy, all countries have their own best economy. If America Economy is the best Economy, America Economy would have shaping other countries economy their best nature but all economics are equal and no one is superior to another. America imposes their economy to other countries for survival.

American Economy was taken as the world accepted economy based agreement between American and Britain n the world war two (2). I will not go into detail. So saying American Economy is the best in the world is like a mockery to me because I know the reason.

[Yogee]

[....]My question is what are the factors that make the United States the largest economy in the world?

I remember watching a documentary how some groups built America. They are already doing well economically but the world wars has catapulted them. They leveraged their military might so they could stay in power for years. They also managed to suppress other nations from surpassing them and that includes nations they are "allied" with. Some may consider their manipulations and how they're involved in political unrests in other countries as a conspiracy but I believe that's also how US make tons of profits.

[electronicash]

because of the petrodollar. after the ww2, countries all over the world agreed to use USD to buy oil in Saudi. since USD is being used worldwide, there is no doubt they can instantly become big. the demand for USD will ofc grow. more governments will be buying USD because it's the only currency accepted to buy gas.

due to de-dollarization happening nowadays which countries are accepting the currency of each country and some the Yuan in particular, it may be possible that China will also be the biggest economy even when China is not an oil producer.

[coupable]

Since you dealt with the subject from a historical aspect, I can say that one of the most important pillars of American economic power is the First and Second World Wars, which destroyed the classical powers and contributed to the emergence of new empires. The First World War took place between the world's largest powers in a competition to redivide the world. America was not a direct party to the conflict, and it used to benefit from financing the warring parties, whether with weapons or supplies. And after the collapse of giant entities in 2018 (the end of the war), new powers appeared on the scene, such as America, which did not have any losses (economic and military superiority), while even the victorious countries relied mainly on direct support from colonies in Africa and the East. . It was World War II that greatly supported America's position in the world as an economic power after joining the Allies and declaring the terrifying nuclear weapon in the face of the world (not just Japan) to put an end to the war and establish the dominance of the dollar in Bretton-wood. Since that time, America has been the world leader on several levels before China ascended a few years ago, 20-30 years ago.

[Nwada001]

I believe one of the greatest things that's helping America's economy is their public acceptance in the past (accepting immigrants from different parts of the world). To the best of my knowledge, America is made up of so many nations that come together in search for greener pastures. The American economy is strong and in a resistance state because of their alliances with different nations. They couldn't be where they are today on their own. American is the world power today because they are made up of different country representatives. 

Countries choose to use the dollar as their currency because I believe it's more transparent and friendly to use than the others. 
 

[Renampun]

...
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?

have you ever heard of the motto "American dream", that's what makes America one of the world's strongest economies, apart from that the educational factor is also very influential because the USA has the world's best campuses and many people dream of going to school there, apart from education there is innovation and research that continues to grow in America even a row of the world's richest people (most of whom are technology kings) are in the USA, there is also a factor because they control world trade with their dollars.

Other countries like China may be able to keep up with America because of their high population and also their trading level which has soared in recent times but to beat America, is really difficult.

[YUriy1991]

Why like this, because America has a unique economic system that encourages innovation and entrepreneurship and has a strong legal framework that protects property, contracts and intellectual property rights. This legal system creates a stable and predictable environment for businesses to operate, which encourages investment and growth and most importantly the United States has a large and diverse population that provides a broad market for goods and services. This allows American businesses to grow quickly and effectively, both domestically and internationally. These factors have enabled the United States to create and innovate, and drive economic growth and the prosperity of its people.

[naira]

My question is what are the factors that make the United States the largest economy in the world?

This can be answered when we flash back to World War 2 where the US was the main pillar behind the end of World War 2. If you have ever heard of the Bretton Wood agreement, you must know that the contents of the agreement were the US that changed the gold standard to US Dollars. Furthermore, after the end of World War 2 when other countries experienced enormous losses, the US stood as a country that provided loans. From that step, the US had begun to dominate the economy of each country because of debt in the form of Dollars and Gold, which the US did have a large supply of.

And from borrowing funds to restore the country's economy due to World War 2, the role of the US does not end there because as a country that has natural resources, controlled infrastructure management, as well as imports and exports of goods will return to the US. Simply put, you are the owner of the money and the car manufacturer, and then loan money to a friend to buy a car in your own shop. Isn't it profitable besides the profit from selling your car, you also have the profit from the loan.

That was the picture of the US at that time and until now such a system is still continuing.

[DrBeer]

....

One of the reasons is why in less than 200 years they have managed to create something that others have not succeeded in many centuries:
Country education scheme, features, and.. luck
The first thing that is very different from other "young countries" is that in the USA people began mass migration when the world moved to the industrial stage of development. This made it possible to create the economic facilities (heavy industry, transport, armaments, ....) much faster than in previous periods.
Secondly, people went to the USA who COULD NOT REALIZE themselves in the "old world", where there were inconvenient laws, centuries-old traditions, the impossibility of breaking through "to the top", etc.
But they had ideas, experience, and faith in the "new world". which they eventually built. The country was actually created from a "clean slate", there were no obstacles, centuries-old dynasties, obligations. Laws were written almost "on the knee" and instantly adapted. Resources allowed to raise the industry. The presence of BRAIN who came to America from high-tech Europe of those times. And by the end of the 19th century, the "new world" became attractive for everyone who wanted to realize themselves and become what they could not become in the "old world". Very smart, I would even say cunning, financial policy, historical events - also helped the United States to take its place. In Europe, from the beginning of the 19th century to the middle of the 20th, there were terrible wars, which led to degradation and destruction. There was actually one civil war in the USA, after which peace was fixed for centuries. Plus, quite adequate neighbors from the north and south and geographical remoteness for enemies ....

[Latviand]

I think we all know why USA is the biggest economy in the world, that article won't be enough to cover the whole reason why they are what they are right now. If you've been in most conflicts around the world on both sides selling weapons, then it's no-brainer that you're going to have a good economy, not to mention that you have been placing dictators in a lot of countries* to prevent "Communism" when in reality you're just trying to monopolize trade with that country. Another reason is you're the current reserve currency, meaning that you can influence the global market since USD is the pegged currency for countries to trade.

*See link

[Fortify]

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.

right now even if for example compared to other countries, America is 20 times larger than the GDP of other countries, even the number of financial assets in America in 2021 then covers 28% of all financial assets in the world. in the same year, now entering America's natural wealth, it has the second largest natural resource in the world with a value of 45 trillion dollars which includes coal, natural gas, copper, gold, wood and many more specifically with gold America has the largest gold reserves in the world. world today, namely 8,133 tons. this gold reserve of America's wealth does not include its vocal vocal industry like Hollywood and also the music industry and also the technological empire that almost monopolizes access to information technology around the world.

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?

It's a huge topic and probably too much to cram into one reply, but they came up with the right set of ingredients to grow businesses. That involves having a relatively wise set of politicians, an independent judiciary that can stand up to the huge corporate forces that are often trying to undermine it, an education system that is constantly evolving over time, a relatively open religious environment and investment in infrastructure that supports smooth logistics movement through the country. All of that helped them to create the reserve currency that the world relies on as well, which is very useful for applying pressure elsewhere and greasing the wheels of trade to their advantage.

[stompix]

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.
~

Have you tried looking at the population?
1800:
USA  ~ 5 million
China  ~300  million
India ~ 170 million

In 1900 the USA population went up to ~76 million, that's the main reason for the growth compared to other countries in this short span!

because of the petrodollar. after the ww2, countries all over the world agreed to use USD to buy oil in Saudi. since USD is being used worldwide, there is no doubt they can instantly become big. the demand for USD will ofc grow. more governments will be buying USD because it's the only currency accepted to buy gas.

Again with the petrodollar myth?
The US became the largest economy in the last decade of the 19th century overcoming China, how much oil was traded then?
Oh, wait, where was Saudi Arabia then?

[Pokapoka124]

America is a nation built on the backs of immigrants. America sold herself to the rest of the world as the land of opportunity, freedom, and equal rights, till today the US sells the idea of the American dream to foreigners, people believe America is where dreams come true. The best minds (doctors, lawyers, builders, scientists) from all over the world come to America to start a new life and hoping to make their dreams come true.

have you ever heard of the motto "American dream", that's what makes America one of the world's strongest economies, apart from that the educational factor is also very influential because the USA has the world's best campuses and many people dream of going to school there, apart from education there is innovation and research that continues to grow in America even a row of the world's richest people (most of whom are technology kings) are in the USA, there is also a factor because they control world trade with their dollars.

Other countries like China may be able to keep up with America because of their high population and also their trading level which has soared in recent times but to beat America, is really difficult.

[Captain Corporate]

As someone who has studied America in college, I can say that the lack of human rights for centuries could be a good start? I mean lets face it the whole world had slaves to a point, but USA took over a whole continent and spread slaves all around to get them super rich. I am not saying that there were no slaves in any other nation, surely there were, but most of them didn't had the infrastructure to be this big, whereas USA tookover a whole lot of land, made farms out of it for free, literally gave town sized farms to people, and then gave them dozens of slaves, and that allowed them to grow crops that would be sold everywhere, and there were untouched natural resources such as gold and other stuff as well, whereas other places were mostly mined. In the end when you have such a "good" start by doing so bad (they literally didn't let people sit in certain places for their color until recently, people are alive from that period) you can definitely grow bigger later on. That mindset kept going, they started to think that they are better than anyone else and can invade wherever they want if they see something wrong going on, like that's somehow their right to do, and took the resources from the lands they invade as well, this is as recent as we all can remember. So I am sorry but when you ignore human rights, like China, like USA, like Russia, then you can grow so much.

[MarjorieZimmermanGinger]

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.

I suspect why the United States is strong in the economic field because of its dollar, so they can regulate a number of other sectors as a support influence, a country will look strong when their currency is the choice of many countries, both global trade agreements and other powers as capital for them. Many things can make America's economic power strong enough and its influence has now reached several countries in terms of global cooperation relations.

Of course there are other factors why they are so strong in the economy, but I think the dollar plays a big part in this. They control the defense sector and many products become superior to what they create, so that dependence on other countries can never be separated from them.

[usekevin]

United States had become the developed country before the most of the countries was in colonies of Britain and French.So they had good economy before 1800,So they keep dominating over 200 years in the market.The people of USA become literate before the 1900 so they had learn to earn in different ways.The capitalist of America had business all over the world over 200 years.So they have huge amount of wealth and connectivity through out the world.United States became an unavoidable in the world economy.All this are reason for United States became a Biggest economy in the world.

[Die_empty]

My question is what are the factors that make the United States the largest economy in the world?

America has been fortunate to have good political leadership. Most American presidents are not corrupt and selfish. They served the American state selflessly and focused on economic development rather than personal gains.

Secondly, slavery gave Americans a lot of money that was used to pursue other economic activities. Slave trading was a very profitable business that gave America huge finance. Slaves were also used as laborers to build major infrastructures and produce important cash crops.

Thirdly, I also believe that the American economy is private-sector driven which has led to the attraction and migration of businessmen and other investors to the nation. The American dream fueled by freedom and democratic nature has made the America economy a center of attraction.

[dothebeats]

There are a lot of reasons why the US can retain its status as the biggest economy in the world. They may lack the capability and capacity to mass produce goods like what China is doing, but their foothold on a lot of major economies and investments in a lot of countries proves that they can just outsource the labor and the material and they will still gain a lot. Great example is Apple outsourcing the manufacturing and materials to China, and still getting valued at over $2 trillion dollars. Also, a lot of countries are still putting a premium on US products, and there's that. They project their image as a country that produces great products, when in fact they rarely make them in their homeland. This projection is getting bought by other countries which, in turn, gets their goods prioritized over any other products from other countries.

[Poker Player]

My question is what are the factors that make the United States the largest economy in the world?

The Protestant ethic and the spirit of capitalism. For those who do not know, there is a book with the same title.

While in most of the world societies followed to a greater or lesser extent a system of privilege, and in Germany a posh guy who never worked in his life, dedicated himself to writing a tedious piece of nonsense that would eventually lead to the greatest genocides of mankind, in the USA effort and talent were rewarded. The result has been the highest levels of development and welfare in history.

[blue Snow]

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.

[Smack That Ace]

...
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?

have you ever heard of the motto "American dream", that's what makes America one of the world's strongest economies, apart from that the educational factor is also very influential because the USA has the world's best campuses and many people dream of going to school there, apart from education there is innovation and research that continues to grow in America even a row of the world's richest people (most of whom are technology kings) are in the USA, there is also a factor because they control world trade with their dollars.

Other countries like China may be able to keep up with America because of their high population and also their trading level which has soared in recent times but to beat America, is really difficult.

Yes, it is very difficult to beat the US, but that does not mean it is impossible. I must admit that the United States has excelled in its rise and has maintained its dominance for over 100 years. Yes, the American dream is also spread a lot in my country, that is undeniable.
It can be said that sometimes they use the dirtiest tricks to hold back their allies, as well as inhibit the development of their opponents, but in their place, other countries will do the same. Because that's the way to stay in power.

But nothing in the world lasts and is at the top forever, history also shows that England, France, and Spain were once the kings of the world before being surpassed by the US. Therefore, it is only a matter of time before another country emerges and replaces the US. China is America's biggest competitor, but whether they can succeed, we'll have to wait and see.

[Jawhead999]

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.

China is America's biggest competitor, but whether they can succeed, we'll have to wait and see.

If we talk about the economy sector, I believe China will succeed and overtake America. But 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.

[famososMuertos]

Oh, but OP!,  this is general culture... in any case one moment; let's start with the arrogance of saying "America," you must add the United States, before.

There is that Anglo-Saxon tendency to mention U.S. as "America" and nothing could be further from reality.

So when I read your title I thought things were going that way, starting with Treaties like the USMCA, which includes the three big ones from the north, Mexico, Canada and the United States.

There are treaties with Central America and South America, etc. You can understand then thepoorly raised of your title in relation to your context.

By the way, its context is a classic question that is well documented, but in the short idea of explaining it as the United States of being a country of Cowboys and Indians, it became the economic power it is today, I think it is mainly due to trains. 

By the way, a question of interests associated with the subject, do you know who is behind one of the largest railway purchases in the history of the United States?

USMCA:https://ustr.gov/trade-agreements/free-trade-agreements/united-states-mexico-canada-agreement
https://en.wikipedia.org/wiki/Rail_transportation_in_the_United_States

[Darker45]

The massive growth of the American economy started during the industrial revolution in the 1800s. The standard of living of average Americans shot up with the mechanization of the different production processes in the country. The output has made a huge leap thanks to the technologies and modern machineries that made production tasks a lot easier and faster. But besides the modern tools that helped a lot in the economic growth of the country, the US is also endowed with abundant natural resources.

[Patrol69]

America is a country where many factors work behind their being the largest economy in the country. But there are some basic reasons why America can be the largest economy in the world,

Firstly their country is a very good environment for investment and business. Free business opportunities in America through which loans can be easily taken for various business related matters contribute significantly to the economic growth of their country. 

Advanced technology plays a big role for the economic development of their country. We know that America's technology is very advanced in the world, they play an important role for the country's economy through the use of advanced technology in the business sector. 

America is a country that has diplomatic relations with almost all the countries of the world and because of this diplomatic relations all the countries around the world are directly connected with their countries this huge business circle has helped to make their country the largest market system. 
Basically, because of all these, America is the largest economic country in the world.

[GigaBit]

Generally the economy of a country is strongly depending on various factors. We know that today America is a self-sufficient country. America has a large share of natural resources. Their GDP is also good. Also they are ahead of the technology. Their names are first in various major researches. In terms of technology, it has the number one position in the world. Moreover, their communication system is also good as a result of which investors from different countries are encouraged to invest in their country. America has been in the leading position economically for a long time. But the financial situation is subject to change at any time. Depending on the above factors if a country can move forward then that country can become economically strong.

[amishmanish]

Three things:

1. The inherent "Hustle" that is the core of American philosophy. that if you work hard enough you can achieve the "American Dream"

2. Their open-ness to immigrants and welcoming them. America was built by immigrants and even today, its most powerful companies continue to be managed by several who can trace their roots to different countries.

3. Free market competition. The best and the smartest companies survive.

[Mr. Magkaisa]

From the best of my knowledge on international Economy, all countries have their own best economy. If America Economy is the best Economy, America Economy would have shaping other countries economy their best nature but all economics are equal and no one is superior to another. America imposes their economy to other countries for survival.

American Economy was taken as the world accepted economy based agreement between American and Britain n the world war two (2). I will not go into detail. So saying American Economy is the best in the world is like a mockery to me because I know the reason.

     -  If I find out on google, the result will show that America is the leader and China is following, so I'm just wondering because despite everything that America is the leader, the country of America is too deep in debt to say the least. let's see that their dollar is not backed by gold.

Just like other countries are backed by Gold, I don't know if this is still relevant to what we are talking about, but it just crossed my mind that's why I asked.

[DrBeer]

As someone who has studied America in college, I can say that the lack of human rights for centuries could be a good start? I mean lets face it the whole world had slaves to a point, but USA took over a whole continent and spread slaves all around to get them super rich. I am not saying that there were no slaves in any other nation, surely there were, but most of them didn't had the infrastructure to be this big, whereas USA tookover a whole lot of land, made farms out of it for free, literally gave town sized farms to people, and then gave them dozens of slaves, and that allowed them to grow crops that would be sold everywhere, and there were untouched natural resources such as gold and other stuff as well, whereas other places were mostly mined. In the end when you have such a "good" start by doing so bad (they literally didn't let people sit in certain places for their color until recently, people are alive from that period) you can definitely grow bigger later on. That mindset kept going, they started to think that they are better than anyone else and can invade wherever they want if they see something wrong going on, like that's somehow their right to do, and took the resources from the lands they invade as well, this is as recent as we all can remember. So I am sorry but when you ignore human rights, like China, like USA, like Russia, then you can grow so much.

Oh, I beg you! Instead of accepting the reality that people just have more opportunities there, you are again "playing the record about slaves." When was the slave system abolished in the USA? Name in front of everyone? 1865! Mass migration of slaves was only in the 19th century. And you are also confusing the period of Spanish colonization, which began in the 17th century and was not of a massive nature.
But here for some reason you forget "selectively" that in China, the USSR and some other "people's, philanthropic countries", the slave system really existed until the end of the 20th century! Don't believe? I will give you an example of the USSR, where there was "socialism, equality, ..." and other fairy tales. The collective farmers of the USSR received the rights, the opportunity to receive a salary not in food, but in full money, and freely LEAVE their place of residence ... in the 1970s!
The enslaved peoples in the USSR never received any compensation. In contrast to the granted rights and opportunities for the heirs of former slaves to a small part of the US population. So the topic of slave labor, as the basis of the welfare of the United States, is discarded

UPD A bit of history, for general development:

In the 1770s, blacks throughout New England began sending petitions to legislatures demanding freedom. Many issues of slavery were discussed in the Constitutional Convention, and at that time the issue of slavery was the main obstacle to the passage of a new constitution. As a compromise, the institution of slavery was recognized, although it was never explicitly mentioned in the constitution, as in the case of the Fugitive Slave Clause. By 1789, five northern states had adopted policies to at least gradually abolish slavery: Pennsylvania (1780), New Hampshire and Massachusetts (1783), Connecticut and Rhode Island (1784). Vermont abolished slavery in 1777 while it was still independent, and when it joined the United States as the 14th state in 1791, it became the first state to join untainted by slavery. Thus, these were the first laws passed to abolish slavery throughout the "New World". By 1804, all of the northern states (including New York in 1799 and New Jersey in 1804) had already abolished slavery, or adopted a set of measures to gradually abolish it.

In the south, the slave states of Kentucky were formed (after separating from Virginia in 1792), and in 1796 Tennessee after separating from North Carolina. In 1804, before the creation of new states from the federal western territories, the number of slave and free states was eight each. The symbolic boundary between the free states of the North and the slave states of the South was the Mason-Dixon Line.

In 1787, the United States Constitutional Convention discussed slavery and slavery was the main obstacle to the adoption of a new constitution. As a compromise, the institution of slavery was recognized, though not explicitly mentioned in the Constitution, as in the case of the Fugitive Slave Article. Since 1808, the import of new slaves into the United States was banned, but the domestic slave trade continued in half the states.

link

Now tell us when the growth and development of the United States began? I will answer you - AFTER the abolition of slavery

[Captain Corporate]

First of all, I did mention Russia and China in my text already, so not like I said they were any good? I literally said that all the nations that are considered big today, had slavery up until recently. Also if you would like to talk about when it started and when it ended, when you have a full century of slaves, and not like they didn't exist before (when UK was in power and after the slavery was abolished as well) because paying someone a cent when a white guy gets 10 cents is still slavery. And like I said before, there are people alive today, who have seen period when they couldn't eat at certain places, or sit at certain bus spots, that's not really a long time ago. Even today, because the ghettos of black hoods came from a long line of slaves, they never improved whereas the whites who got rich off the backs of black slaves got better places and nicer hoods as well that got richer and forwarded that wealth to their kids. If you honestly think that economic power of USA has nothing to do with slavery, I am sorry but you have absolutely no idea about USA history. Like I mentioned, even up until this century, they literally went to war for fake reasons, turns out there wasn't any weapons of mass destruction, but instead got their oil so they can get richer. They literally killed hundreds of thousands of innocent Iraqis, and brought chaos and destruction to a place, destabilising a whole region... for more oil. I am sorry but if you think USA got the money from their own hard work, you are as wrong as wrong can be.

[siniminomorocomunisakito]

My first reason is because the US dollar is the world's reserve currency, giving America a significant advantage in international trade and financial transactions. Despite challenges and competition from other countries, the potential and resilience of the American economy make it a strong contender to maintain its position as the world's largest economy and what makes it more attractive is its strong economic foundation, advances in technology, a diverse and skilled workforce, and a business-friendly environment.

[slapper]

...
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?

have you ever heard of the motto "American dream", that's what makes America one of the world's strongest economies, apart from that the educational factor is also very influential because the USA has the world's best campuses and many people dream of going to school there, apart from education there is innovation and research that continues to grow in America even a row of the world's richest people (most of whom are technology kings) are in the USA, there is also a factor because they control world trade with their dollars.

Other countries like China may be able to keep up with America because of their high population and also their trading level which has soared in recent times but to beat America, is really difficult.

Yes, it is very difficult to beat the US, but that does not mean it is impossible. I must admit that the United States has excelled in its rise and has maintained its dominance for over 100 years. Yes, the American dream is also spread a lot in my country, that is undeniable.
It can be said that sometimes they use the dirtiest tricks to hold back their allies, as well as inhibit the development of their opponents, but in their place, other countries will do the same. Because that's the way to stay in power.

But nothing in the world lasts and is at the top forever, history also shows that England, France, and Spain were once the kings of the world before being surpassed by the US. Therefore, it is only a matter of time before another country emerges and replaces the US. China is America's biggest competitor, but whether they can succeed, we'll have to wait and see.

It's China, the US's worst opponent! They're rising fast, so credit them. Sorry, but it's true. They're a tough opponent, even though we dislike them.

Keep in mind that America's ascension to world dominance took time. Our place was earned by years of hard work, devotion, and luck. China has failed to match the US's might and influence. Being too comfy isn't an option. Never stop trying to improve. We can't allow China govern the world. To preserve our interests and stay on top, we must be vigilant and diligent.

Although nothing lasts forever, we may battle to stay on top. We should worry about China's danger and utilize every method we know to stay ahead. Because, folks, you can't fall behind if you want to win.

[Gallar]

Many factors have influenced the progress of the United States to become a very developed country in the world, moreover America has a large landmass, certainly saves many things and one of them.
Abundant natural resources America can progress as it is today cannot be separated from the so-called natural resources, because I believe the biggest key behind the progress of the United States is abundant natural resources. Because with abundant natural resources, industry will also directly experience progress. With abundant natural resources, America is rich in coal, gold, oil, iron ore and tin.

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.

[Smack That Ace]

China is America's biggest competitor, but whether they can succeed, we'll have to wait and see.

If we talk about the economy sector, I believe China will succeed and overtake America. But 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.

Using the military to compete for the top spot in the world is not a wise idea, I don't think it will turn out that way. I think the US will continue to implement aggressive economic policies as former President Trump did during his tenure and will use more drastic measures. That way, they can contain China for as long as possible, but it is very difficult to defeat China completely.
Militarily, they couldn't use it indiscriminately because they still had a strong enemy waiting for them if they revealed a weakness. Russia will not sit idly by when the US uses military force against China.

[Dickiy]

My question is what are the factors that make the United States the largest economy in the world?

The Protestant ethic and the spirit of capitalism. For those who do not know, there is a book with the same title.

While in most of the world societies followed to a greater or lesser extent a system of privilege, and in Germany a posh guy who never worked in his life, dedicated himself to writing a tedious piece of nonsense that would eventually lead to the greatest genocides of mankind, in the USA effort and talent were rewarded. The result has been the highest levels of development and welfare in history.

Yes, Protestants also form that trait in terms of very high liberality in America so that it makes people innovate or implement their work easily, this privilege is indeed very influential for America, especially since various kinds of systems have been formed in America and international organizations, both in social finance and others, exist in America, which makes various kinds of productive activities carried out by the community that provide development output.
In addition, America has many mining assets in other countries, although not on their land, for example, the gold mine in Indonesia, Freeport, is said to be the main source of income owned by America.

[DrBeer]

First of all, I did mention Russia and China in my text already, so not like I said they were any good? I literally said that all the nations that are considered big today, had slavery up until recently. Also if you would like to talk about when it started and when it ended, when you have a full century of slaves, and not like they didn't exist before (when UK was in power and after the slavery was abolished as well) because paying someone a cent when a white guy gets 10 cents is still slavery. And like I said before, there are people alive today, who have seen period when they couldn't eat at certain places, or sit at certain bus spots, that's not really a long time ago. Even today, because the ghettos of black hoods came from a long line of slaves, they never improved whereas the whites who got rich off the backs of black slaves got better places and nicer hoods as well that got richer and forwarded that wealth to their kids. If you honestly think that economic power of USA has nothing to do with slavery, I am sorry but you have absolutely no idea about USA history. Like I mentioned, even up until this century, they literally went to war for fake reasons, turns out there wasn't any weapons of mass destruction, but instead got their oil so they can get richer. They literally killed hundreds of thousands of innocent Iraqis, and brought chaos and destruction to a place, destabilising a whole region... for more oil. I am sorry but if you think USA got the money from their own hard work, you are as wrong as wrong can be.

Ok, let's go the long way
"but the US took over the whole continent and distributed slaves everywhere to make them super-rich" - your phrase? Yes
And I explain to you - no, the slave system was not the basis of today's greatness and power of the United States!
For the simple reason that the slaveholding system, first of all, was not total in all states, the entire continent was not captured, and this continued at the beginning of the formation of the country itself. If you want to talk about cheap labor power - this is how it is in all countries now, and the United States has nothing to do with it - it's the peoples themselves who choose governments that manage the economy so "skillfully"

All your arguments refer to the resource period - farms, gold. But US power is not in corn or gold bullion. The power of the United States is built on power, the army, technology, the most powerful industrial and high-tech industry.

And about human rights - tell everyone what, in your opinion, is violated in terms of human rights in the USA, China and Russia? Well, are you serious? Human rights in China and Russia? 

[davis196]

1.Lots of natural resources in North America.
2.The educated and hard working labor force, which was migrating from Europe to the USA in 19th and 20th century.
3.The freedom of doing business in the last 200 years(which actually declined in the last 20 years).
4.The lack of wars in the North American continent(after the American civil war in 1861-865).
5.The two world wars helped in boosting the US economy and turning the USA into the global financial center.
6.China and India had big economies 300 years ago, but they were heavily exploited by the European colonial powers, which destroyed most of their wealth back then. After it's liberation from Britain, the USA wasn't exploited by any European colonial power.

[Captain Corporate]

And about human rights - tell everyone what, in your opinion, is violated in terms of human rights in the USA, China and Russia? Well, are you serious? Human rights in China and Russia? 

I am not entirely sure if you read me well enough or not... I said Russia and China DO NOT care about human rights, I didn't say they have it, on opposite, I said they DO NOT have it, and I did this twice, this is the third time now. If you fail to understand it again, then I will simply ignore you and not repeat.

Lets see; Russia ; assassinations, political prisoners, millions dead in its history because they wanted more resources (grain taxing issues etc)
China, Uyghurs, work conditions, dead workers, Mao famine as well, just for more taxes.
USA: Indians (native Americans) Chinese, Blacks, slavery.

I can go on, but these are the proof that they did it, they all broke it, and now act as if they are good people, but the yare not, this is the history of it.

All those technological improvements? Came from the wealth the crop period allowed, you think a nation dealing with hunger would be able to build those technologies? You think a nation that was starving would be able to make more war with great military? You think a nation with poverty would be able to dictate policies around the world? They got so big, because they got a huge jumpstart with raping, pillaging, destroying others and as I started before, they still do it, as recently as a war that started merely 20 years ago and ended only recently. So keep your ethics to yourself, I will stick to my statement that RUSSIA, CHINA and of course USA all violated human rights to be as big as they are. So did UK by the way, lets remember how horrible UK history is filled with killing everyone and taking their stuff to be as rich as they are today.

[DrBeer]

And about human rights - tell everyone what, in your opinion, is violated in terms of human rights in the USA, China and Russia? Well, are you serious? Human rights in China and Russia?  

I am not entirely sure if you read me well enough or not... I said Russia and China DO NOT care about human rights, I didn't say they have it, on opposite, I said they DO NOT have it, and I did this twice, this is the third time now. If you fail to understand it again, then I will simply ignore you and not repeat.

Lets see; Russia ; assassinations, political prisoners, millions dead in its history because they wanted more resources (grain taxing issues etc)
China, Uyghurs, work conditions, dead workers, Mao famine as well, just for more taxes.
USA: Indians (native Americans) Chinese, Blacks, slavery.

I can go on, but these are the proof that they did it, they all broke it, and now act as if they are good people, but the yare not, this is the history of it.

All those technological improvements? Came from the wealth the crop period allowed, you think a nation dealing with hunger would be able to build those technologies? You think a nation that was starving would be able to make more war with great military? You think a nation with poverty would be able to dictate policies around the world? They got so big, because they got a huge jumpstart with raping, pillaging, destroying others and as I started before, they still do it, as recently as a war that started merely 20 years ago and ended only recently. So keep your ethics to yourself, I will stick to my statement that RUSSIA, CHINA and of course USA all violated human rights to be as big as they are. So did UK by the way, lets remember how horrible UK history is filled with killing everyone and taking their stuff to be as rich as they are today.

If I misunderstood you, I apologize, but in one of your proposals it is said about the violation of rights, and in one list you put the USA, China and Russia. I'm not saying that the US is an ideal country, but since I understood your proposal, you wanted to say that in all these countries the rights of people are commensurately violated! I do not rule out that I did not understand some kind of speech turnover, but English is not my native language

But then you quote this text:
Let's get a look; Russia ; murders, political prisoners, millions who died in their history because they wanted more resources (grain tax issues, etc.)
China, Uighurs, working conditions, dead workers, Mao's hunger, just to increase taxes.
USA: Indians (Native Americans) Chinese, Negroes, slavery.

You don’t have to discuss Russia and China, everything is clear there

Let's go to Indians, Chinese, blacks and slavery?

Indians - yes, the indigenous population suffered greatly. I agree and do not deny. And of course I don't support it.
But let's be honest, when did the persecution and war against the indigenous population end? What rights were then granted to indigenous peoples? I'll tell you - unlike the "whites", the Indians have their own untouchable land - what they call the not very beautiful word "reservations", although it's more correct - autonomy. Where are their laws, their taxes (more precisely, their absence), their own police (from the indigenous population), and the state pays a guaranteed income. Can you give an example in which country where the indigenous population was persecuted, they were created such conditions?

Black people. To begin with, let's remember who traded the inhabitants of the African continent? Who sold them to the colonists? The answer, unpleasant, but in fact - THE RESIDENTS OF AFRICA! Yes, the colonists needed cheap labor. Yes, the attitude towards the slaves was far from civilized. But now look at what rights the heirs of those yes slaves? Were they sent to their historical homeland? No ! They were made citizens of a great country with FULL rights! Moreover, the state "turns a blind eye" to problems with them, but does not give concessions to the "whites" on the same problems.

But I once again emphasize - the slave system existed only during the FORMATION of the USA itself, i.e. creation of the country. And the industrial, technological and financial breakthrough was made absolutely without the participation of slave labor and already long after the abolition of slavery!

What about the Chinese in the US? What are their problems? The largest diaspora in the world .. Their own business, their own districts and almost cities ... Many live and work illegally and they are not sent to prison for this and are not deported to China. I admit that I also don’t sound quite right about the Chinese, because I didn’t understand their mention at all in the context of human rights violations in the USA ...

[Lorence.xD]

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.

[lixer]

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.

[CarnagexD]

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.

[Gyfts]

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.

[Captain Corporate]

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.

[gaston castano]

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.

[el kaka22]

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.

[so98nn]

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.

[Alpha Marine]

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. 

[Findingnemo]

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.

[Shan85]

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.

[AnonBitCoiner]

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.

[Freddie Boyer]

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.

[DrBeer]

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 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"?
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!

[Negotiation]

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.

[Captain Corporate]

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.

[DrBeer]

.....
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 Or someone has a bad attention
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?

[iv4n]

.....
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 Or someone has a bad attention
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?

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?

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

[posi]

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.

[yhiaali3]

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.

[cafee_orange]

The main reason is because America is a developed country which also has the most advanced technology in the world so that many global people come to America to become technological innovators.
Besides that, America is also the second home for business players on social media and in terms of the level of spending in technology, America exceeds other countries. and another reason why the USA is a country that has the world's largest economic progress is because America is one of the countries with the most competitive economy and America is in a period of revival of energy production

[South Park]

snip

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?

There are simply too many factors which lead to this but one of the most important was simply the industrial revolution, after the British Empire the US was at the front of the industrial revolution and it allow to the US to become very powerful, then key inventions and new methods were developed at the US which allowed them to surpass the British Empire, a few examples of this are the electricity, the production of cars and many other products at a large scale, seeds resistant to bad weather and new machines which allowed farmers to produce way more food with less workers, and a long list of inventions which is simply too long to name them.

[coupable]

The main reason is because America is a developed country which also has the most advanced technology in the world so that many global people come to America to become technological innovators.
Besides that, America is also the second home for business players on social media and in terms of the level of spending in technology, America exceeds other countries. and another reason why the USA is a country that has the world's largest economic progress is because America is one of the countries with the most competitive economy and America is in a period of revival of energy production

There are many factors that support the American power to remain on the throne of the world economically.  America has the largest reserves of oil, gold, and many precious materials, and it keeps it as a strategic reserve in exchange for consumption based on resources it imports from other countries (colonies) that drain its resources within the framework of a strategic policy of impoverishment, and thus remain the strongest.

[slapper]

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.

Each nation harbors its own enigmatic shadows, and the United States is no stranger to these murky depths. We could scrutinize the past, but the epoch was distinct, governed by disparate values and benchmarks. Yes, the US chronicles are intricate and often disconcerting, yet they unveil merely a fraction of the narrative.

America is an alchemical crucible of immigrants, merging cultures and notions that forged awe-inspiring feats in the annals of mankind. Lunar expeditions? Conquered. The World Wide Web? Manifested. Boundaries shattered, our nation has ignited the imaginations of generations globally.

Acknowledging our historical blemishes doesn't absolve us but offers a more holistic portrait of our nation and its denizens. As we advance, let us absorb the wisdom of bygone errors and unite in crafting a resplendent tomorrow for all.

[lepbagong]

The main reason is because America is a developed country which also has the most advanced technology in the world so that many global people come to America to become technological innovators.
Besides that, America is also the second home for business players on social media and in terms of the level of spending in technology, America exceeds other countries. and another reason why the USA is a country that has the world's largest economic progress is because America is one of the countries with the most competitive economy and America is in a period of revival of energy production

agree, everything can be done well by the USA, and can always be better than other countries for almost all sectors.
all kinds of commercial products, technology, sports, films and even education and jobs that are highly valued, make all have a direction to the USA, so it's no wonder the USA is a recognized pioneer of the world economy.
although maybe one day there might be a change with the more advanced China, but it's not easy to shift,

[Andrija Branislav]

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.

Yes, backed by strength America's economy is one of the largest and most advanced in the world, with strong infrastructure and a highly developed financial system. All of these factors contribute to the strength and success of the United States as a whole, making it a desirable place for people from around the world to live and work with. The diverse American population allows multiple perspectives and ideas to contribute to the development and progress of their country.

[jokers10]

...
My question is what are the factors that make the United States the largest economy in the world?

We can hardly name all the reasons and it was a combination of reasons. But we of course can name some of well known. One of them is that USA less than others was harmed during world wars of XX century. Next is that their political and legal system is rather stable and predictable what is attractive for business. We can add that their currency is rather stable also and is actual for long enough to become a main currency in the world. And not the least it is a way american society grows: immigrants are usually adventurous, enterprising and active ones, because others prefer to stay where they live. So active people are immigrating in USA year by year making new business and participating in economy growth.

Of course it's not all, but I think it is an important part.

[Wakate]

The main reason is because America is a developed country which also has the most advanced technology in the world so that many global people come to America to become technological innovators.
Besides that, America is also the second home for business players on social media and in terms of the level of spending in technology, America exceeds other countries. and another reason why the USA is a country that has the world's largest economic progress is because America is one of the countries with the most competitive economy and America is in a period of revival of energy production

America is already the biggest economy in the world and it is because of there technology mindset and the way they are ready putting things together to have dominion over the rest countries with there technology.
The journey started many years before now and they are still ruling not to have any competitors like the Chinese and the Russians. The dump of US dollar is what is going to make the United States to have less impact in terms of power and economy diversity on the rest of the world.
America had been flexing there muscles and I hope they will reduce there sections on other countries that seems not to be there friends.

[DrBeer]

Each nation harbors its own enigmatic shadows, and the United States is no stranger to these murky depths. We could scrutinize the past, but the epoch was distinct, governed by disparate values and benchmarks. Yes, the US chronicles are intricate and often disconcerting, yet they unveil merely a fraction of the narrative.

America is an alchemical crucible of immigrants, merging cultures and notions that forged awe-inspiring feats in the annals of mankind. Lunar expeditions? Conquered. The World Wide Web? Manifested. Boundaries shattered, our nation has ignited the imaginations of generations globally.

Acknowledging our historical blemishes doesn't absolve us but offers a more holistic portrait of our nation and its denizens. As we advance, let us absorb the wisdom of bygone errors and unite in crafting a resplendent tomorrow for all.

With this - I absolutely agree with you!
1. We must not distort history, deny the deeds that have been done. Both bad and good. We must not lie, hide, and manipulate history. She is what she is. There are many unpleasant, and sometimes vile moments in it - but these are real events. They must not be forgotten and hidden - otherwise we will repeat these mistakes!
2. Yes, the US has become a world leader precisely because of the mixture of immigrants from different countries, cultures, and sciences. This is a kind of "mestizo" who absorbed the BEST of all the representatives of other countries, their knowledge, their desires, and implemented a completely new scheme for the structure of the state, the economy, giving people the opportunity to realize those plans and ideas that would never come true in their countries.

[sana54210]

Each nation harbors its own enigmatic shadows, and the United States is no stranger to these murky depths. We could scrutinize the past, but the epoch was distinct, governed by disparate values and benchmarks. Yes, the US chronicles are intricate and often disconcerting, yet they unveil merely a fraction of the narrative.

America is an alchemical crucible of immigrants, merging cultures and notions that forged awe-inspiring feats in the annals of mankind. Lunar expeditions? Conquered. The World Wide Web? Manifested. Boundaries shattered, our nation has ignited the imaginations of generations globally.

Acknowledging our historical blemishes doesn't absolve us but offers a more holistic portrait of our nation and its denizens. As we advance, let us absorb the wisdom of bygone errors and unite in crafting a resplendent tomorrow for all.

With this - I absolutely agree with you!
1. We must not distort history, deny the deeds that have been done. Both bad and good. We must not lie, hide, and manipulate history. She is what she is. There are many unpleasant, and sometimes vile moments in it - but these are real events. They must not be forgotten and hidden - otherwise we will repeat these mistakes!
2. Yes, the US has become a world leader precisely because of the mixture of immigrants from different countries, cultures, and sciences. This is a kind of "mestizo" who absorbed the BEST of all the representatives of other countries, their knowledge, their desires, and implemented a completely new scheme for the structure of the state, the economy, giving people the opportunity to realize those plans and ideas that would never come true in their countries.

The idea of manifest destiny is the reason why it grew so much, because it wanted to grow, the core values of it is growing. Even up until very recently, it kept on growing, there is oil in Iraq? Let me take that. There is no stopping, there is no idle standing still, there is no boring period, in every single year of USA history, something is going on.

It had bad years, it had years where people said it was a terrible idea and USA shouldn't do that and we hated USA for doing it, but there were years when it did wonderful stuff with it as well. Just like back in Nazi period, it was a terrible period we all agree about Germany right? What they did was terrible, but we still drive volkswagen and take bayer medicine, all of which was done by Nazis at the time. Some bad, has long lasting good results in it, doesn't mean you have to like the bad thing, it is just what it is, can't change it.

[be.open]

Usually the size of the economies of different countries is considered to be in US dollars (nominal GDP). However, there are other methods of measurement, for example, if you measure the size of the economy in US dollars per capita, then the largest economy in the world is Luxembourg. And if you measure the size of the economy in purchasing power parity, then China is the largest economy in the world. However, this is not surprising given that China artificially undervalues the yuan, because it is beneficial for Chinese exports.

[DrBeer]

Usually the size of the economies of different countries is considered to be in US dollars (nominal GDP). However, there are other methods of measurement, for example, if you measure the size of the economy in US dollars per capita, then the largest economy in the world is Luxembourg. And if you measure the size of the economy in purchasing power parity, then China is the largest economy in the world. However, this is not surprising given that China artificially undervalues the yuan, because it is beneficial for Chinese exports.

I specify:

GDP is the value of all goods and services produced solely for consumption. The gross product indicator reflects the “value” of the economy, and when compared over different periods, the nature of its dynamics.

GDP per capita is another indicator! This is a macroeconomic indicator, which is the ratio of the state's GDP (see the previous paragraph) to the average annual population.

GDP at purchasing power parity is another estimation mechanism, whose mathematical formula is as follows:
GDP \u003d DS + NPI - C
Where:
DS - added value,
NPI - tax on production and imports,
C - subsidies for imports and manufacturing.

These indicators are different and show the economy from different angles.

Regarding "deliberate and beneficial inflation" - I have big doubts ..
I agree that the "cheap" currency for the exporter is profitable.
But for a country that is highly dependent on Western technologies, which it is forced to buy, in this case, for EXPENSIVE currency, this is not very profitable.
Moreover, such a severe drawdown of the yuan, as it was in October 2022, was hardly "planned", because still unable to resolve the consequences of this problem

[Kelward]

I have read most of the posts on this topic and I couldn't agree less that America is the biggest economy in the world today. And if they continue with their innovations, then Notting is stopping them in remaining in that position.

Another subtle way by which America, still remains the biggest economy in the world, is through advertisement. Even if you haven't been to America, you only need to watch American movies and you will see how they show off their military strength, their latest technology, vibrant economy and show you that you can not mistreat an American citizen anywhere in the world. So every body has trust and confidence to have business dealings America.

I think that every country has the potential to be like America. That is if they put the right people in the right place, to bring about speedy transformation. Unlike in third world countries, where they put square pegs in round holes.

[DrBeer]

I have read most of the posts on this topic and I couldn't agree less that America is the biggest economy in the world today. And if they continue with their innovations, then Notting is stopping them in remaining in that position.

Another subtle way by which America, still remains the biggest economy in the world, is through advertisement. Even if you haven't been to America, you only need to watch American movies and you will see how they show off their military strength, their latest technology, vibrant economy and show you that you can not mistreat an American citizen anywhere in the world. So every body has trust and confidence to have business dealings America.

I think that every country has the potential to be like America. That is if they put the right people in the right place, to bring about speedy transformation. Unlike in third world countries, where they put square pegs in round holes.

The great advantage of the United States was that the people who came to create the United States had no "restricting factors" to implement their ideas. In the old world, there were many "rules" that severely limited the possibilities of people - from religious views and regional features, to their "caste" affiliation and origin. The United States gave everyone the opportunity to FREELY implement their plans, ideas, dreams. And yes, it turned out that in the right place, the right people, under the right conditions, gathered at the right time. And for several centuries the country has become what it is now!

[Tony116]

I have read most of the posts on this topic and I couldn't agree less that America is the biggest economy in the world today. And if they continue with their innovations, then Notting is stopping them in remaining in that position.

Another subtle way by which America, still remains the biggest economy in the world, is through advertisement. Even if you haven't been to America, you only need to watch American movies and you will see how they show off their military strength, their latest technology, vibrant economy and show you that you can not mistreat an American citizen anywhere in the world. So every body has trust and confidence to have business dealings America.

I think that every country has the potential to be like America. That is if they put the right people in the right place, to bring about speedy transformation. Unlike in third world countries, where they put square pegs in round holes.

Undeniably, the US is still the number 1 country in the world in many aspects, both economically and militarily. But I don't think they will be able to sustain that going forward with the rise of China. I really appreciate China's economic potential in recent decades, and I believe it is only a matter of time before it overtakes the US as the world's largest economy. But to usurp the United States as the number one power in the world will be very difficult because China's military comparison is still one level behind the US and Russia. But the future is always a surprise, let's see how long the US can be the No. 1 power.

[19Nov16]

In my opinion, the thing that made America a giant and a leader in the world economy was because America had good human and natural resources. Another factor, of course, is that many American companies have expanded to almost all countries in the world, thus making America's economy stronger.

[DrBeer]

....But I don't think they will be able to sustain that going forward with the rise of China....

What rise of China are you talking about?
About problems with the economy, which are still gaining momentum?
Or about the sanctions associated with high technology, on which China depends on the West and the United States in the first place?
Or maybe rise - is it about the totalization of power and the curtailment of freedoms, including economic ones?
After the change in the course of the CCP, I generally assume that it will be a move away from socialist-capitalism (which has developed in China over the past decades), to a totalitarian version of imperial ambitions.
Although I do not rule out that China will be able to "put on the yuan" some countries, and create a kind of regional "union" with the "capital" and administration in Beijing. But it won't be a "US competitor."

[AnonBitCoiner]

I suspect why the United States is strong in the economic field because of its dollar, so they can regulate a number of other sectors as a support influence, a country will look strong when their currency is the choice of many countries, both global trade agreements and other powers as capital for them. Many things can make America's economic power strong enough and its influence has now reached several countries in terms of global cooperation relations.

Of course there are other factors why they are so strong in the economy, but I think the dollar plays a big part in this. They control the defense sector and many products become superior to what they create, so that dependence on other countries can never be separated from them.

This is true because a currency of country play a very crucial job in a countries victory and also America is a developed country therefore its economy is better as compared to other countries.

I think that America is consider as a super power due to its creations and the power of atomic bomb it created. In United state there is almost every resource that should be given to its residents, also it helps its citizens by various technologies to establish as a better country so not just a currency but lots of others things are also there which make United state as a better country for the individuals.

[Paul Pogba]

In my opinion, the most influential factor was that the USA became the strongest economy because it won World War 1 and World War 2, when the Soviet Union cold war occurred at the end of 1990, the USA also won and made almost all opponents lose, this of course had a strong impact on the economy, and of course make the USA have high trust to regulate the world economy.

[bbigtart]

My question is what are the factors that make the United States the largest economy in the world?

What is certain is that America is the largest economic power in the world today because the first three factors are massive regional expansion, the second is the industrial revolution, and the third is the second world war. IMO, in the past the regions of Alta California, Baja California, Nuevo Mexico, Nuevo Leon, Texas were all Mexican territories as a result of independence from Spanish imperialism when Louisiana was bought by the US, conflicts arose around the territory of Texas until finally the Mexican war emerged 1846-1848 and the winner knows himself At that time the entire territory of Mexico was controlled by the US.

But then the US gave the territory of Mexico as it is now an independent country. The Kingdom of Hawaii was also controlled by the US for clichéd national security reasons, the breten woods agreement was the beginning of the establishment of the IMF and World Bank which of course was the main headquarters in the US. The Nixon era was the beginning of all trade in the world associated with the dollar and the SWIFT system was used throughout the world, until now 2 trillion dollars are circulating around the world. It's not wrong that the US economy is impossible to collapse and this is one of the reasons why the US is the largest economy in the world. Because this system is still being adopted even if a country carries out import and export transactions it has to pay in US dollars.

But US dominance is now slowly starting to fade after the emergence of the BRICS (Brazil, Russia, India, China, South Africa) and SCO and even Saudi Arabia have joined in and there are many more countries that want to join the BRICS, the aim of releasing dollar dominance in world trade in terms of In the economic field, the SCO releases political, social, and military domination from the domination of the US and its allies.

[axxo]

America can be considered the biggest economy in the world is because United States has a large and diverse economy that is driven by various sectors such as technology, finance, healthcare and manufcaturing. America is also home to many of the world's largest companies and has a highly skilled work force. United States has a stable political system, strong institutions, and a well developed legal framework that supports business and economic growth. This creates an environment that is conducive to investment and entrepreneurship. It has also a large domestic market that provides businesses to grow and expand. The country has a strong export sector that allows American companies to sell their products and services to other countries.

[DrBeer]

In my opinion, the most influential factor was that the USA became the strongest economy because it won World War 1 and World War 2, when the Soviet Union cold war occurred at the end of 1990, the USA also won and made almost all opponents lose, this of course had a strong impact on the economy, and of course make the USA have high trust to regulate the world economy.

These are the laws of competition - the smartest and strongest wins. That is exactly what the United States was. And here we can refer to another "biological example". I apologize for some comparison with the animal world, but this is a natural process and there is no other way to describe it
As a rule, "mestizos" of different breeds give offspring that absorb all the best from their predecessors. One type adds and enhances the shortcomings of the first and vice versa. It happened exactly the same in the USA - a large number of people from different countries, cultures, social strata, gave just such an effect of strengthening or synergy, which ultimately made the USA what they are now. This is one of their unique features, which is hardly possible in other countries.

[Lorence.xD]

In my opinion, the most influential factor was that the USA became the strongest economy because it won World War 1 and World War 2, when the Soviet Union cold war occurred at the end of 1990, the USA also won and made almost all opponents lose, this of course had a strong impact on the economy, and of course make the USA have high trust to regulate the world economy.

For sure it also have an impact to it's economy of the country. Even the other country could even have influence that could affect their economic situation. For example one country would be needing support from other country, of course if you give them the supplies of products then it's either the country would be in debt or would be paid. America winning the war would cause them to have power which makes them have the opportunity to improve their economic situation. Now you could see dollar currency in worldwide which shows their influences to other countries.

[irhact]

The main reason is because America is a developed country which also has the most advanced technology in the world so that many global people come to America to become technological innovators.
Besides that, America is also the second home for business players on social media and in terms of the level of spending in technology, America exceeds other countries. and another reason why the USA is a country that has the world's largest economic progress is because America is one of the countries with the most competitive economy and America is in a period of revival of energy production

I think it's because of the past life of the early citizens of America. American accepted immigrants when the rest of the world weren't. It's the immigrate that built American starting from the days of slavery that was high in the state to accepting them and giving them a home which made the immigrate contribute their knowledge to the building of the country economy.

America isn't the best country for technological advancement, we have other countries that have technology more than them yet they're not considered to be the biggest economy in the world. American is always developing which is why they'll always be among the top economy.

[Sayeds56]

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?

There are multiple  factors those  attributed to economic growth of United States, including political stability and good governance, geographical advantage, innovation, entrepreneurship, skilled labor force, establishment of institutions in particular educational ones, and above all prudent immigration policy and diversification. However, one key strength that has played a significant role in its emergence as leading economic power of the world is diversification coupled with wise and visionary leadership.

[Litzki1990]

America is a center of the entire world market. The economy of many countries directly depends on America. If America imposes economic sanctions on a country, various economic crises occur in that country. Goods are imported and exported to different countries of the world through America.  And the main reason America has the largest economic system is the expansion of business in their country. 
In America business sector is given a lot of importance and the government of the country helps those who are interested in doing business in various ways and as far as I know it is very easy for business people to take loans in that country. Seeing that they can maintain these things well, their country is the largest economic country in the world.

[Synchronice]

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.

[Sayeds56]

America is a center of the entire world market.

It is true that USA has significant influence on world economy and that economies of many countries are interconnected with it. As a central hub of the international trade, the economic polices and regulations of USA can have far reaching effects on global trade. However, it is not sole determinant player in global economic conditions. There are other major players, such as China, European union, japan and many oil producing countries like Saudi Arabia have significant impact on global economy through their influence on energy prices and supply.

[Dunamisx]

America is a center of the entire world market. The economy of many countries directly depends on America.

The economy in America is well treated with a serious and professional handling unlike in other countries where they creates uncertainties on how they run their economy by being dependent on other countries like America for sustainability, in US today, you could see how they monitor their entire aspects of the economy, how they were being strict in adherence to the law guiding the economy affairs and how they have also designed plans for a successful run in their economy, they also monitors the income level, poverty rate, unemployment level, labour force, GDP, tax and other income revenues all under monitoring.

[DrBeer]

"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"

Yes, this fact was, it is foolish to deny it. But now let's take the second fact: the USSR during the Second World War, took out from the territory of Eastern Europe, and Germany - thousands of factories, scientists, engineers, entire design bureaus, with documentation and equipment. For one thing, he did not disdain valuables from museums, personal belongings and savings of the inhabitants of Germany, as well as the accumulation of banks and financial institutions.
After that, the USSR occupied Eastern Europe, which it made its "servants" ... Having received millions of people and vast territories and funds for its "use" ... And the question is - compare the level of the USA and the level of the USSR?
At the same time, the territories of the United States did not increase, museums and US banks were not robbed in Europe, factories were not massively exported ....
Why the USSR did not become "great" and did not become a world leader, and the ruble turned out to be a dummy ...
The difference is that in the USA they COULD create conditions for DEVELOPMENT, but the USSR did not

[jokers10]

...
we have NATO, US dollar and all the other things that make us dependent on America.

I'd say that it is possible to refuse all of that. Europe has euro to trade, EU can form it's own armed forces instead NATO, etc. But what for? To succeed you need both to compete and cooperate. We know for instance that small Ireland has a big semiconductor industry, and to develop this industry Ireland except own efforts had a huge US companies participation. It can refuse it, but why? From one of the most undeveloped countries on the continent Ireland became one of the most developed. And they also have their benefits of using euro, of being part of EU, etc. Competition and cooperation in conjunction.

So USA to stay attractive have to take the interest of their partners  into account. They stay the first, but their partners are not the least developed as well.

[puloweh555]

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.

Because in the past, America carried out a massive expansion, the goal of which was of course to control regions that were indeed rich in natural resources. And some have forgotten that one of America's benefits was when it participated in WW I and WW II. At that time, the Aryan nation's technology was actually very prominent, and more advanced than other European countries and the USA. America reaped the benefits by seizing the technology that the Nazis had when they won the battle. One of them is the mastery of rocket technology, during WWII it was only Hitler's troops who were able to develop long-range missile launches.

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?

There are 2 important assets for a country to become a developed country and at the forefront of its economy:
1. Natural wealth
2. Mastery of technology.

Countries with abundant natural wealth without mastery of technology will still be underdogs. Many countries have a lot of natural resources, but minimal technology. So that almost all sectors and lines rely on helping hands from other countries.

Likewise if the state is only able to master technology without the support of natural resources. Its progress will depend heavily on the support and cooperation of countries possessing natural resources, for example, Japan and Germany. Technologically they are quite advanced, but their management is limited due to the lack of local natural resources that can be processed.

[killerfrost]

I can make personal inferences when I see their environment attracting many researchers of many different fields around the world, it can be said that understanding helps them to grasp a lot of knowledge to develop in the world. various aspects of the field. And through that, they will also have a life full of material and spiritual values ​​around that understanding, but in my opinion, according to success, there are probably many other factors that I don't really understand, some information that I read through many documents about economic domination coming from some clandestine forces or underground governments that have controlled this world for hundreds of years also gives me many vague notions economic.

[DrBeer]

Because in the past, America carried out a massive expansion, the goal of which was of course to control regions that were indeed rich in natural resources. And some have forgotten that one of America's benefits was when it participated in WW I and WW II. At that time, the Aryan nation's technology was actually very prominent, and more advanced than other European countries and the USA. America reaped the benefits by seizing the technology that the Nazis had when they won the battle. One of them is the mastery of rocket technology, during WWII it was only Hitler's troops who were able to develop long-range missile launches.

As practice has shown, resources do not give any particular advantages. Look: Japan, Singapore, Taiwan - there are essentially no resources. Leaders in many areas around the world.
Russia, Iran, Iraq, Venezuela - the largest reserves of hydrocarbons and other resources. Russia, according to legend, generally has 40% + of the world's minerals ... And the question is - where are they on the world pyramid of the quality of life, the possibilities of the economy?

Yes, once resources were important, but this was true during the time of resource economies, and these are the Middle Ages and up to the 18th century. Then the century began ... yes yes yes - TECHNOLOGIES.
And those who understood and managed to reorganize, began to "grow" institutes and universities, select specialists and unique ones - they are now at the top of the world. And those who simply have a lot of resources look like savages from the Stone Age. Yes, and the funny thing is that they have no prospects. They drove themselves into the Middle Ages, and pulled on themselves the status of outcasts of a developed society.

[Fortify]

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.

right now even if for example compared to other countries, America is 20 times larger than the GDP of other countries, even the number of financial assets in America in 2021 then covers 28% of all financial assets in the world. in the same year, now entering America's natural wealth, it has the second largest natural resource in the world with a value of 45 trillion dollars which includes coal, natural gas, copper, gold, wood and many more specifically with gold America has the largest gold reserves in the world. world today, namely 8,133 tons. this gold reserve of America's wealth does not include its vocal vocal industry like Hollywood and also the music industry and also the technological empire that almost monopolizes access to information technology around the world.

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?

Just like the biological and natural selection process that goes into creating unique forms of specialized life. America managed to hit just the right type of ingredients that came together at the right time. From the earliest days they had near unfettered land and resources to expand their population rapidly, which gradually created the foundations for one of the most free societies that the world has ever seen. They managed to suppress religious interference relatively well, which allowed the richest to drive forward innovation. Combined with an effective set of rules, or laws, that were actually enforced in a (reasonably) fair manner, plus becoming the reserve currency of the world which allows great influence.

[panganib999]

Empires last a couple hundred years before they fall horrendously.

USA is no exception. The world is feeling its grip loosening upon the global economy, as greater superpowers like China are vying to take its place. Issues within its own society, massive gun violence, hyperinflation, continuous deterioration of the climate and the environment (granted this one's on a global scale but they are the main offenders) and a lot more that spells doom for the once glorious state nation that is America. So when people say that USA can become the biggest economy in the world, I laugh. There's immutable evidence laid in front of our eye sockets, all we have to do is open our eyes and see America for the sick man it is right now. I sure hope there's a turn around still, but all roads lead towards that dreadful path.

[sana54210]

"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"

Yes, this fact was, it is foolish to deny it. But now let's take the second fact: the USSR during the Second World War, took out from the territory of Eastern Europe, and Germany - thousands of factories, scientists, engineers, entire design bureaus, with documentation and equipment. For one thing, he did not disdain valuables from museums, personal belongings and savings of the inhabitants of Germany, as well as the accumulation of banks and financial institutions.
After that, the USSR occupied Eastern Europe, which it made its "servants" ... Having received millions of people and vast territories and funds for its "use" ... And the question is - compare the level of the USA and the level of the USSR?
At the same time, the territories of the United States did not increase, museums and US banks were not robbed in Europe, factories were not massively exported ....
Why the USSR did not become "great" and did not become a world leader, and the ruble turned out to be a dummy ...
The difference is that in the USA they COULD create conditions for DEVELOPMENT, but the USSR did not

The talk about that period was that when USSR took over those nations two things followed; one is the fact that half of that was demolished from the war so it had to be rebuilt which cost USSR a lot of money to rebuild, after it was rebuilt back up it would be a good place again but it was just investment coming back, while they were busy building whole nations from start, not towns, not cities, whole nations, USA was busy building tens of thousands of cars out of assembly line and selling it to the world.

I am not saying that it was exactly this that changed it all, but I have to say there was a bit of this in the mix as well, after all spending a lot to recover was a big deal, and definitely did put a dent on USSR budget, but then eventually helped it instead of hurt it.

[GeorgeJohn]

American will continue to be a biggest economy in the world because they are reserved and also knows the good method of handling things, do you know that American has crude oil but they don't like drilling their oil rather they prefer purchasing oil from other countries and conserved their oil as it may implies, so people or nation that have such ideas can not be said to lack, because they are creative and industrious, in the aspect of government they are good in governance, so I believe that any country who is capable of handling it's economy and control or manage economical inflation of a country will not suffer for economical crisis's, so I believe that is one of things that will make America be a biggest economy in the world

[jokers10]

Empires last a couple hundred years before they fall horrendously.

Looks like you know not much about history of empires, there is no system of 2 centuries life for empire: some stay much longer, some disappear much faster. If you will try to divide history of for instance Rome to several 2 centuries parts it will be far-fetched.

USA is no exception. The world is feeling its grip loosening upon the global economy, as greater superpowers like China are vying to take its place. Issues within its own society, massive gun violence, hyperinflation, continuous deterioration of the climate and the environment (granted this one's on a global scale but they are the main offenders) and a lot more that spells doom for the once glorious state nation that is America. So when people say that USA can become the biggest economy in the world, I laugh. There's immutable evidence laid in front of our eye sockets, all we have to do is open our eyes and see America for the sick man it is right now. I sure hope there's a turn around still, but all roads lead towards that dreadful path.

We can remember the Great Depression and say that USA are sick for so long! But it doesn't prevent them from being the first economy in the world right now. As for China... it is not an expansionist nation so it spreads its influence the other way. Who knows what we'll see, but I'd say that China is not going to be a world leader at the moment, they prefer to do their own business.

[DrBeer]

Empires last a couple hundred years before they fall horrendously.

USA is no exception. The world is feeling its grip loosening upon the global economy, as greater superpowers like China are vying to take its place. Issues within its own society, massive gun violence, hyperinflation, continuous deterioration of the climate and the environment (granted this one's on a global scale but they are the main offenders) and a lot more that spells doom for the once glorious state nation that is America. So when people say that USA can become the biggest economy in the world, I laugh. There's immutable evidence laid in front of our eye sockets, all we have to do is open our eyes and see America for the sick man it is right now. I sure hope there's a turn around still, but all roads lead towards that dreadful path.

The first opinion, after reading your post - you do not understand at all what an "empire" is ... Well, seriously - if you "pull" this status on the United States, you definitely do not understand the meaning of this word

Question number two - have you ever personally been to the USA?

Question number three: you are sitting in front of a computer (American development and REALIZATION), chatting on the Internet (American development and REALIZATION), and writing that "... the USA can become the largest economy in the world, I laugh"
This is not a question, the question is - what has YOUR country given to the world?