Economy, asked by jmd09096, 6 months ago

USA -a developed nation.why?
guys its a project work so please give answer in long guyzz​

Answers

Answered by bhavesh01may2005
0

Answer:

meko bhi bata dena bhai

Answered by anshikaad5017
0

There are many reasons:

They started before us. Development in North American colonies started as early as 1400s and their country started to industrialize with a planned model in 1776. USSR started in 1920s, China started in 1950s and 60s, India started in 1956 and you know what I am talking about.

They had a geographical advantage of being easily connected to the rest of the world, which is good for trade. Also they were larger than most countries in the world.

They were initially a planned economy and some aspects of the economy continue to be planned by the government. Contrary, to popular myth, USA did not benefit from free-market economy, but from planned model. Even now, while USA does not let any other government to plan their economy through WTO, World Bank and other monetary organisations, or puts economic sanctions on planned economies, USA actually continues to give high subsidies to firms and farmers alike.

They also initially had slaves, that too till as late as 1860s.

They had geographical advantage in wars. No army that was or is stronger than theirs was stronger than their navy and no navy stronger than theirs, was stronger than their army. USSR was stronger on land, but weaker on water, British Empire was stronger on water but weaker on land.

USA has the second largest area of arable land, so the crop output was more than their population which gave them the opportunity to sell their crops on a massive scale.

Their capitalists invade the markets of other countries for cheap natural resources and labor, while the surplus that is generated from their labor value is sold at a much higher rate which gives their capitalists a lot of profit. This profit is so high that even after taking taxes from these morons the capitalists are still well off. This revenue from taxes is used to give social securities to civilians and give further subsidies.

They invade the countries which do no play it there way. Or declare these countries as rogue states, promote insurgency and military coups in these nations, create false propaganda about these nations and put economic sanctions on them to starve them to suppression or to mess with their Balance of Trade.

But thankfully, it is going to end. Just like Mesopotamians, Persians, Romans, Chinese, Muslims, Mongols, Taimurids, Indian Taimurids, Spanish Empires, Portuguese, French, British, etc before them.

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