why is the USA regarded as the greater economic power in the world mention the causes behind it
Answers
The United States of America is a superpower in every sense of the word; it can influence military, political and economic decisions all over the world. Whatever happens within the United States has a profound impact in the rest of the world.
Military
The United States spends a whopping $597 billion on military, every year. The next closest is China, which spends $145.8 billion. Source: International Institute for Strategic Studies
In fact, when I added the military spending of the top 13 nations, it added up to $595.1 billion. With a lot of indigenous weapons, you can see how military spending necessarily increases the strength of the military (since imported weapons cost a lot can give a distorted picture of a nation's military power).
The United States has 13,444 aircraft. The next power in the ranking (in terms of military power), Russia has just 3,547. China, coming third has 2,942.
The US has 19 aircraft carriers. Russia and China? One each. 19 aircraft carriers is more than the entire world put together.Why is the United States considered the most powerful country?
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Akalank Jayakumar
Akalank Jayakumar, I read
Answered Apr 16, 2016 · Author has 646 answers and 2.3m answer views
Originally Answered: Why is the United States of America considered as one of the most powerful country in the world?
The United States of America is a superpower in every sense of the word; it can influence military, political and economic decisions all over the world. Whatever happens within the United States has a profound impact in the rest of the world.
Military
The United States spends a whopping $597 billion on military, every year. The next closest is China, which spends $145.8 billion. Source: International Institute for Strategic Studies
In fact, when I added the military spending of the top 13 nations, it added up to $595.1 billion. With a lot of indigenous weapons, you can see how military spending necessarily increases the strength of the military (since imported weapons cost a lot can give a distorted picture of a nation's military power).
The United States has 13,444 aircraft. The next power in the ranking (in terms of military power), Russia has just 3,547. China, coming third has 2,942.
The US has 19 aircraft carriers. Russia and China? One each. 19 aircraft carriers is more than the entire world put together.
Source: Global Firepower 2016
Economy
The United States is an important economic unit in the world. A stock market crash in the US? The entire world gets bothered. The US Central Bank is considering a rate cut? Central banks all across the world go gaga.
When Russia annexed Crimea in the Ukrainian crisis, economic sanctions were an important mode of confrontation with Russia. Economic warfare, that's what it is.
Political alliances
The U.S.A, together with the United Kingdom, has considerable say in the NATO. And the USA and the UK have very deep ties. So much so that their relationship is called a Special Relationship.
What this means is that if the USA wants to slap economic sanctions, or exert political pressure in international forums like the UN Security Council, say, on Russia or China --the USA can very well do so, being a leading power of the North Atlantic Treaty Organization.
Media
English having emerged as a global language, the USA and UK's media have a profound influence on the world's population.
Here are a few examples of media propaganda against the Soviet Union and China, although, of course, it's not directly from the US government, one can understand how this can influence young minds:
Source: The Cold War
Those are examples from 1951. Today, English media can paint a bad image of any country in the world, if they choose to do so.
Science, Technology and Education
The United States has emerged as the world's foremost leader in advanced education. There are as much as 18 US universities in the top 50 world universities ranking published by QS.
As the US keeps attracting top talent from across the globe, it will retain it's numero uno position in science and technology, which will further help her economy and military