U.S. economy

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  • #510

    Subra V.
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    What are the major factors contributing to the rich economy of the United States?

    User Detail :  

    Name : Subra V., Gender : M, Sexual Orientation : Straight, Race : Asian, Religion : Hindu, Age : 45, City : Hyderabad, State : AL Country : India, Occupation : Manager, Education level : Over 4 Years of College, Social class : Upper class, 
    #41567

    Michael
    Participant
    First, the United States has expansive land with an abundance of natural resources vital to industry such as oil, coal, iron and timber. Second, there is a large amount of farmable land to support the population. Third, most of the United States has access to either a coastal or river port to ship goods worldwide. And the United States has one of the best air, rail and ground transportation networks in the world. Fourth, there is a huge sector of the economy dedicated to financing the above, with New York being a primary financial center. But these things would be irrelevant if not for two things: A large pool of available labor and jobs, and a tradition that encourages enterprise in keeping with the current economic state with minimal institutional interference.

    User Detail :  

    Name : Michael, Gender : M, Age : 30, City : Manassas, State : VA Country : United States, Occupation : History teacher, Education level : Over 4 Years of College, Social class : Middle class, 
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