Friday, May 15, 2020

Positive and Negative Impacts of the U.S. Economy on the...

What are the positive and negative impacts of the U.S. economy on the world? Introduction: The USA is the leader of the earthly concern economy. It has the largest and strongest economy in the world, because United States has GDP per capita $49,800 (The World Factbook). The USA is an engine of world economy, the reason of changing and permutation of economic situation. The United States of America very strongly influences world economy. Many international and world transactions pass in US dollar. The increase and fall of dollar changes all world economy. All technologies and the newest technicians become and checked in America. Because of this essay will learn about the influence of the USA economy on the world economy. This essay seeks†¦show more content†¦And the USA is a most large exporter of agricultural products. The America has 35% of world export of wheat, 69% of corn, soybeans, 25% of cotton, 18% of rice, 12% of tobacco (National Agricultural Statistics Services). If it does not help or not give the chance to them to pass the USA in the international tran sactions they can lose competitiveness and remain in the same level. The network of the international production created by means of direct foreign investments, in economic literature it is accepted to call the second economy. Development of economy of the majority of the countries is based on achievements of scientific and technical progress, use of scientific data. 70% of scientific information contain in the American databanks (About the USA). As even in Europe and Japan there are no equivalent databanks, still a long time their scientists, engineers and businessmen will continue to get knowledge generally from the American sources. The US dollar is used in the majority of the international transactions and therefore that happens to the American economy, will influence the international financial resources. Dollars bring big consequences both for the USA and for other countries. The economy of many countries depends on currency dollar. The increase in its course reduces the volum e of the income in dollars for the country. And change of US dollar more considerably, than change of an exchange rate of the country. On theShow MoreRelatedPositive Impact Of Humans On Environment981 Words   |  4 Pages Positive Impacts of Humans Activity on Environment Student’s Name Institution of Learning Positive Impacts of Humans Activity on Environment Above all, there are a lot of articles and books that discover the negative impacts of humans’ activity on environment. Undoubtedly, healthy food is a very important thing for our future, especially in conditions of great pollution of the natural environment. 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