The American economy is the largest economy in the world. It
can be seen from the nominal Gross Domestic Products of her in 2011 has
reached USD 15 billion are expected to be a quarter of total world GDP.
Although
Europe actually has economic power is no less great, but it must be
realized also that Europe is a union of several countries. While America consists of only one state alone. So, when seen from the comparison, the U.S. economy remains the largest economy in the world.
Besides
having a high GDP, the U.S. economy was also shown to have a high
purchasing power nilay whose value is about one-fifth of domestic
revenue bruto value the world's purchasing power. Of
the value of output produced by the United States, which in 2011
succeeded in bringing America into the highest ranked 7 in the world,
make America became the richest country in the world. This
is supported by the United States as a state predicate biggest trading
centers in the world where three of America's largest trading partner is
now Canada, China, and Mexico.
American economic system is a mixed economy. The
economic system is proven to have managed to maintain a growth rate of
gross domestic product, reducing the unemployment rate, to a high rate
of investment growth. It
can be seen from the 500 largest companies in the world, including 133
companies headquartered in the United States so that it reinforces the
U.S. as the world's largest manufacturer although most economic activity
is classified as a service.
From the available data there is no mention that the American economy is the largest economy in the world since 1890. Although
a number of times hit by serious economic problems, America was able to
prove through a variety of economic crisis that hit the country of
Uncle Sam. The growth rate of the American economy grew at an average - average 3.8% until 1973. Until
after 1973 the economic growth rate was slow and stagnant, average -
average of 2.7%, resulting in an increase in income per year was only
0.3%. The
main thing is why the American economy grew so rapidly is because the
U.S. government to give freedom to private companies to make decisions -
decisions that relate to the people. The
latest data says that up to now in America there are 29.6 million small
businesses, 30% of world's millionaires, 40% of people with wealth in
units trillion world, as well as 133 companies included in the list of
500 major companies in the world.
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