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I thought during the early 1930s the U.S. wasn't stable during the great depression.

How did the US become so successful economically as of today?
How come the US has such a powerful economy?

2007-01-13 11:11:20 · 8 answers · asked by Anonymous in Social Science Economics

8 answers

It was primarily because of the Second World War. All other nations involved in WW2 had serious issues with war production but not the U.S. The US had all the resources it needed on its own soil and most importantly its factories were able to churn out all they wanted without being bombed. With production rates so high they were able to mass produce enough weapons and supplies not only for themselves but also all their allies too. The Germans may have had vastly superior weapons but their resources, production and supplies were seriously limited. This is the crucial factor that not only won the allies the war but in the process racked up huge debts owed by them to the U.S. At the end of the war everyone else entered a long phase of recovery and reconstruction while the USA was already riding on a high and able to accumulate even more wealth in assisting the rebuilding of other nations. As a result they could not help but be the dominating global economic (and military) power that they are although now most experts agree they could be entering their twilight years as such. It was in the later stages of WW2 that they (and everyone else) really began to realise the crucial need for oil to fuel their military and industry and just how much of it was in the Middle East and there's been an uneasy sort of tension over this dependency on the arabs ever since.

2007-01-13 11:37:06 · answer #1 · answered by cosmick 4 · 0 0

Correction! The United States did not technically become successful right after the Great Depression, The United States became successful right after WWII. WWII saved the United States from the Great Depression, because of WWII the United States started to build up its economy. The United States weren’t in the war until the bombing of Pearl Harbor by Japan, so between the time from WWII to the bombing of Pearl Harbor the United States made there money from selling weapons to the Countries that were in the war. The United States after the war was one of two of the powerful countries (the other one is the Soviet Union, right now known as Russia) because they had the money unlike the other countries that were in WWII.

Also the truth is until today the United States precisely isn’t as successful as before, the United States through out the years slowly became in debt to many other countries, especially now when the United States is in War, and is planning to have troops send to Iran. So technically the Unites States isn’t as successful as everyone think it is.

The United States doesn’t have a powerful economy as it did before but it still seems like the United States does because the United States still butt in on other people's businesses and act like the Big Brother of the World. For example the South Koreans didn’t at first want the United States in their country, the people in Iraq didn’t want the United States to be in there country either but the United States still stayed and controlled everything there, the United States stayed in those countries to “help” them because they say it’s the right thing to do but in reality there was something in those countries that would benefit the United States if they “help” and control them.

So The Untied States isn’t really what you think it is, its might seem like it but the truth is, its really not.

2007-01-13 13:42:18 · answer #2 · answered by Anonymous · 0 0

it still had the name "Washington" in D.C.
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Washington had been reelected unanimously in 1792. His decision not to seek a third term established a tradition that is now embedded in the 22d Amendment of the Constitution. In his Farewell Address of Sept. 17, 1796, he drew on the results of his varied experience, offering a guide for both present and future. He urged his compatriots to cherish the Union, support the public credit, be alert to the "insidious wiles of foreign influence," respect the Constitution and the nation's laws, abide by the results of elections, and eschew political parties of a sectional cast. Asserting that the United States and Europe had different interests, he declared that it "is our true policy to steer clear of permanent alliances with any portion of the foreign world," trusting to temporary alliances for emergencies. He also warned against indulging in either habitual favoritism or habitual hostility toward particular nations, lest such attitudes should provoke or involve the country in needless wars.
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and until it gets back...........it's sh!! in a handbasket!

2007-01-13 14:17:23 · answer #3 · answered by madmilker 3 · 0 0

The USA made a lot of money from ww2 reconstruction and proclaimed Keynsian and then Greenspan economic policies to the world.

They created the global economy and then took the greatest share.

2007-01-13 11:20:27 · answer #4 · answered by Anonymous · 0 0

All you people communicate about is how undesirable Britain suffered after the conflict. British people were courageous and that i appreciate them by using all skill. notwithstanding the genuine united states who suffered AFTER the conflict grow to be Germany.... They lost thoroughly each thing. jointly with portion of their freedom to those pig Soviets in Berlin. provide Germany East Prussia back. **** Russia, **** France and **** pompous those who imagine they kept the finished damn international. honestly, Russia grow to be the most important defeat for Germany. That grow to be the only excellent punch the the Reich's intestine.

2016-10-31 00:48:49 · answer #5 · answered by ? 4 · 0 0

We have a large manufacturing capability, and alot of skilled craftsmen, allthough our economy is dropping because of the actions from the current president and the previous one.

2007-01-13 11:20:42 · answer #6 · answered by Poker Face 6 · 0 0

How about a war economy?

2007-01-13 11:22:33 · answer #7 · answered by dino 2 · 0 0

They were busy making wars, we were busy making money. Now we are the ones busy making war, and they are the ones making money. Economics is simple, you reap what you sow.

2007-01-13 13:23:07 · answer #8 · answered by Peter Peter Pumpkin Eater 2 · 0 0

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