American Economy in Today’s World Essay -- essays papers

American Economy in Todays WorldIt is often wondered how the superpowers achieved their position of dominance. According to time magazine, to be a superpower, a nation needs to reserve a strong economy, an overpowering military, immense international political power, and related to this, a strong national ideology. cardinal of the articles that impacted me the most were As U.S. economy slows down, Profits Rise in Pressure on U.S. Owned Factories in Mexico Border Zone, and last but not least Poverty in American. There is no doubt that the American economy has change dramatically since the 1860s.The article, U.S. Economy slows down europium is on the Upswing, shows that Europe will catch up to the United States in no time. According to The New York Times, the unemployment rate for European Union drop from ten percentage to 8.7 percent in less than ten years that is a growth of 2.3 percent. European markets have become more open and competitive and European companies have adopt ma ny Americans practices to help deliver better performance. European governments are lowering taxes, at least modestly. Wage increases have slowed to a edge and labor markets have become more flexible, as companies evade traditional job protection rules by hiring part-time and temporary workers. Christ Rendu, who analyzes European economy disagrees with the study do by The New York Time. According to Dr. Rendu European economy will never surpass American economy. In any event, Eu...