The United States as a Global Business Force

In this position paper, the past and current positions of America possess companies as a pull in in the globe(prenominal) marketplace depart be discussed. Factors influencing the United States? role volition be offered. The incoming of orbiculateization and the role of American have companies will be discussed. Past and Current Position of American CompaniesAmerican companies have been force in global business since the closure of introduction war II. The devastated economies of Europe and Asia provided the opportunity for American businesses to expand. The uninjured national industrial capacity in the United States fit out the stage for harvest-festival to fill the unmet needs of the war damaged economies. . . . on this broad industrial base . . . the American business mark at the end of the war looked at Europe and japan in ruins and saw their opportunity to remake the world structure of capitalist economy to permit the unhindered expansion of American business p assim the globe. (Wetzel, n.d.). This permitted American industry to achieve oftentimes greater ?economies of outgo? than European or Japanese industry, which decrease per unit cost of production. The high U.S. profit rate also fueled pattern and investment in technical changes aimed at further increase the productivity of labor. The advantages following(a) World war II and the substitute of the 20th century provided American workers with the world?s highest stock(a) of living.

While American?s prospered the country?s productivity continued to lead globally. The production capabilities of the United States following World War II allowed for extensive! domination of global trade in and the emergence of the dollar as the major(ip) currentness for foreign trade. The Bretton Woods Agreement, established in 1944, strict up a dollar based ?dual sweep through system?, the U.S. dollar was ?pegged? to gold at $35 an ounce, eon other currency were ?pegged? to the dollar. If you want to get a salutary essay, order it on our website: OrderCustomPaper.com

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