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

American Economy in Todays globeIt is often wondered how the superpowers achieved their position of dominance. According to time magazine, to be a superpower, a nation needs to have a strong economy, an overpowering military, ample international political power, and related to this, a strong national ideology. tierce 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 still not least Poverty in American. There is no uncertainty that the American economy has change dramatically since the 1860s.The article, U.S. Economy slows down atomic number 63 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 gloaming from ten percent to 8.7 percent in less than ten long time that is a growth of 2.3 percent. European markets have become more escaped and competitive and European com panies have follow many Americans practices to help part with better performance. European governments are lowering taxes, at least modestly. rent increases have slowed to a edge and labor markets have become more flexible, as companies evade traditional job protection rules by hiring half-time and temporary workers. Christ Rendu, who analyzes European economy disagrees with the study done by The New York Time. According to Dr. Rendu European economy will never beat American economy. In any event, Eu...