Historically, why did the United States become the center of the world economy?

Updated on society 2024-05-04
12 answers
  1. Anonymous users2024-02-09

    1. The liberal democratic system guarantees the long-term and stable development of society and plays an escort role in economic development.

    2. Far away from the artillery fire of World War I and World War II, it has experienced a long period of peaceful development.

    3. The long-term implementation of the strategy of free economic development has effectively allocated various resources so that economic development will not fluctuate drastically.

    4. Attach great importance to educational technology.

  2. Anonymous users2024-02-08

    For historical reasons, in the 19th century. The United States began a large-scale migration to the west, which is called the Westward Expansion Movement. Because of this movement, new cities appeared, and the Midwest of the United States saw new economic growth.

    Lincoln's reign was a time when the United States was once again engaged in a campaign of emigration to the West. As a result, new economic centers have emerged in the Pacific. New York has always been the financial center of the United States because of the Second Industrial Revolution that followed the end of the Civil War.

    New York was at the center of this industrial revolution. The economic center of the United States has been moving toward the coast. After the end of World War II, basically every state and region in the United States had relatively mature economic centers.

    After the 1970s, with the advancement of economic globalization, the trend of industrial transfer has been strengthened, and the traditional industrial zone of the United States has declined. For example, cities that rely on industry, such as Chicago and Detroit, face severe challenges. However, the financial center of the United States remains strong, and with the rise of the new technological revolution, "Silicon Valley" has emerged on the Pacific coast.

    Nowadays, the U.S. economy has a dual-center trend, one is the Pacific Coast economic belt centered on California, and the other is the traditional economic belt centered on New York.

    The economic center of the United States is basically not planned, but formed spontaneously by the market. In fact, the United States is a country with many economic centers, but there is only one political center, and that is Washington, D.C. The history of the evolution of the economic center of the United States is also the history of the foreign expansion of the United States.

    When the United States became independent in 1783, its economic and political center was in New York. After its formal establishment in 1789, New York lost its status as a political center and served only as an economic center. During this period, the territory of the United States was still the old thirteen states, and with the territory ceded by Britain after the defeat of the war, the Americans' influence was limited to the northeast corner.

  3. Anonymous users2024-02-07

    Because the United States is an economically developed country: it has economic exchanges with many countries in the world. Naturally, there are many economic centers, which is also a normal phenomenon.

  4. Anonymous users2024-02-06

    The U.S. dollar is the world's currency, as a world currency, it must be able to circulate freely, so that people around the world have U.S. dollars in their hands, so that they can use U.S. dollars for global consumption and investment, and become a global currency in the true sense of the word.

  5. Anonymous users2024-02-05

    After all, the United States is the economic center of the world, and it is understandable that it has many economic centers!

  6. Anonymous users2024-02-04

    Because the United States has a developed economy, there are local economic centers throughout the country, which is also a reflection of the relatively developed economy of the United States as a whole.

  7. Anonymous users2024-02-03

    The policy is open enough.

    Preferential policies. Taxes and so on.

    When there are more talents, there is already an agglomeration effect.

  8. Anonymous users2024-02-02

    Except for the Civil War, the United States has never had a large-scale war, and has been vigorously developing its economy, and after more than 200 years of development, it has become the center of the world economy.

  9. Anonymous users2024-02-01

    There are many of us, and the division of labor is different in each place.

  10. Anonymous users2024-01-31

    During World War II, the United States was the last victorious country to join and was not affected by disasters before

  11. Anonymous users2024-01-30

    The economy is developed and the society is open to the public, and the accumulation of many years has a profound heritage.

  12. Anonymous users2024-01-29

    Because the U.S. economy is developed because there are economic centers all over the country, which is also a reflection of the overall economic development of the United States.

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