United States of America

Andrew Sebra

Overall Score: 76.2 World Rank: 12

Facts About the USA

  • Population: 316.4 Million
  • GDP Growth: 1.9%
  • GDP Per Capita: $53,101
  • Unemployment: 7.5%
  • Inflation: 1.5%
  • Foreign Direct Investment: 187.5 Billion

7 major sources of Economic Progress

Legal System

Big image
Private ownership represents the legal system by demonstrating the amount of influence the government and legal system part in the free market economy. The USA has more private property rights than most of the world although recently Sweden has surpassed us

Competitive Markets

Big image
Buisness Freedom induce competitive markets by letting the invisible hand deal with a majority of price regulations. In America the invisible hand is used highly compared to most countries however as of late Sweden has more buisness freedom

Limits on Government Regulations

Big image
When it comes to monetary freedom the USA just scrapes by above the world average compared to the other categories where they blow the average out of the water. Monetary freedom basically is the amount of regulation of price guarantees and inflation

An efficient Capital Market

Big image
Fisical freedom represents this by keeping the economy running therefore making it efficient market. In this category the USA is below the average in the world which is beneficial to the people

Monetary Stability

Big image
Trade is the all powerful stabilizer when it comes to Monetary Stabilizer. USA is average along with the rest the world except for a select few (pretty sure its North Korea due to lack of trade)

Low Tax Rates

Big image
Usa is in the top 75% of the world when it comes to Low Tax Rates.Financial Freedom goes hand to hand with low taxes cause your much more free to have better finances

Free Trade

Big image
The USA Ranks highly in this and has multiple big time trading industries with several nations in industries such as the automotive and electronic entertainment
US Economy 2015 Collapse - *Peter Schiff* - FED will cause Huge Economic Crisis!
This video is basically a economist going in detail about what is to be expected of the economy of america in the future (2-10 Years) and also includes predictions of the stock market and currency and housing market and how they will collapse