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I identify three main reasons for the strength of the US economy.
1. Institutional.Or in another way, democracy .The institute of elections, parliamentarism,and freedom of speech played a huge role.
2. Cultural and migration. The Germans .The United States was filled with the most industrious nations in Europe .These are the Germans and the British.Then the Jews arrived.
3. Geographical-Geopolitical.The United States is a huge country rich in natural resources.Fertile land.Ore-rich land.Oil reserves.it also helped the U.S. economy soar higher.In addition,America is surrounded by two weak states.Separated by oceans from other countries.This also plays a big role.
All other adequate reasons follow from these three.These three factors created the superpower we have now.
Do you guys really not know that the currency in the US is not backed by gold and they just print money when they don't have enough? They also have a state debt.. google something before you write praising odes.
The US economy produces a large amount of resources, and produces them in a competitive way. Therefore, there is a high demand for resources produced by the US economy. The United States sells its resources for dollars, so to buy them, the buyer must have dollars.
They just print them and steal them from other countries, forcing them to sign unprofitable contracts. Look at the US government debt – their money “is lower than the paper on which it is printed. The only question is when this pyramid will collapse.