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any counter arguments for comparing U.S economy to other countries? simple answers or website links would...

any counter arguments for comparing U.S economy to other countries?

simple answers or website links would help

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Answer #1
  • After the world war II united states economy has been the strongest economy in the world.
  • If we talk about GDP, US remains in top follwed by china , japan, Germany and then india
  • The american economy adds upto 40 percent of the world economy in the world
  • But comparing to china with US china is not far, according to reports by the year 2033 china will surpass the US economy and will become the strongest economy in the world
  • If we look at the report of IMF the GDP per capita difference between china and america is around $65122.
  • In GDP PER CAPITA, US did find the top most place which is taken by luxembourg followerd by switzerland.
  • Even the puchasing Power parity of US down down to 11th position earlier it used to be in the top 10 positions
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