It seems we are no longer a big agricultural country. It appears most things in the stores are made in china.
Just wondering what are we selling and to who or how are we making our money in the world?
2006-12-22 20:44:36 · 13 answers · asked by Anonymous in Social Science ➔ Economics
Have you heard of Microsoft? The iPod? Hollywood? Google? Yahoo? Sounds like an honest question and you had a bunch of idiots answer it. In reality, the US does not need to depend on exports to create wealth. The vast majority of wealth in the US is created by Americans doing valuable things in America for other Americans -- exports and imports are scarcely an issue. Look around you and see what people buy. That is what we sell.
The misconception that we (or any country) can only get wealth by taking it from other countries is called "mercantilism", and was completely discredited by 200 years ago. Sadly, ignorance and stupidity persist.
But anyway, the US continues to be a massive producer and exporter of agriculture -- nothing about that has changed, except that only 1 or 2% of the working population is so employed owing to high productivity.
Other areas in which the US is particularly dominant include any and all creative business (Hollywood, video games, advertising and marketing expertise); financial services; the most value-added and innovative sides of any technology (software, biotech, microprocessors and DSPs, cell phone infrastructure, telecommunications services and hardware, computers); everything related to healthcare; Boeing airliners; and college education.
2006-12-23 08:24:35 · answer #1 · answered by KevinStud99 6 · 1⤊ 0⤋
Tax, mixed with selling weapons of mass destruction. Making nuclear weapons and devices for export, thus being war materials.
Stealing oil from other nations (Iraq), denying the UN, lying and heavy handed tactics to bully the rest of the world who aren't as willing to lie and cheat to get what they want.
Using slave labour in asian countries to make products of which they will then sell at highly inflated prices to keep the gigantic profit.
2006-12-22 21:48:20 · answer #2 · answered by not so straight chick 3 · 0⤊ 3⤋
We are trading wealth for mundane merchandise made in the orient.
All it takes is one dollar at a time, which makes it millions, billions, trillions, so on and so forth...
America will suffer a severe market correction to prove that at the present rapid rate of progress it is certainly not feasible for a long time transfer of this wealth to third world countries.
2006-12-22 21:40:56 · answer #3 · answered by Anonymous · 0⤊ 3⤋
Wheeling and dealing like everybody else. Seriously, Insurance, I.T., Pharmaceuticals, Education and Tourism.
2006-12-22 21:00:42 · answer #4 · answered by Ted T 5 · 3⤊ 0⤋
That is very simple: They steal it and use the law to help them. They often put you in a position where you have no other choice
but to purchase what ever and then stick it to you! It's very simple!
2006-12-22 21:08:15 · answer #5 · answered by Anonymous · 0⤊ 3⤋
By bullying the rest of the world into submission, and getting away with it.
2006-12-22 20:52:01 · answer #6 · answered by Klara B. 3 · 1⤊ 3⤋
war
2006-12-22 20:45:18 · answer #7 · answered by Anonymous · 0⤊ 2⤋
taxes
2006-12-22 20:46:44 · answer #8 · answered by Anonymous · 1⤊ 2⤋
Just few good japaniese printers and that`s it
2006-12-22 20:47:10 · answer #9 · answered by RomanL77 2 · 1⤊ 3⤋
military-industrial complex
2006-12-22 20:45:39 · answer #10 · answered by Me like cheese 1 · 1⤊ 2⤋