Question

explain why this statement is false: "The United States is a wealthy country, that’s why everyone is doing well here".

Answer 1

The statement cited in the given question "The united staes is a wealthi country,that's why everyone is doing well here ". is a extremely false statement.

as we all know U.S is a strong wealthy and developed nation in the world. country have a strong influence in politics and ecnomic areas. The Gross domestic product of the USA in 2015 was $56000. It indicates that the nation has high economic growth rate compared to other developing countries. United State s(America) have more system of equity financung compared to the country Europe including the angel investors who invest in the beginning statge of a Buisness and very active venture capital market which boost the growth of firms. They also provide various loans for enterpeneurs for their growth ands success.

   REASON FOR THE WELL DOING OF AMERICANS

# Entrepreneurial culture of America

# suppoting Financial system of the nation

# World class reaserch universities

#Hard workindg mindset of Americans

# Growing polpulation reflecting both natural growth and emigration.

# A culture an encouraging tax transfer system .

# Abundant supply of energy makes Americans independent .

# Decentralised political system.

Even thouygh America is wealthy this not at all the reason for the well doing of Americans. The enterpeneur culture of local people of America is considered as the vital reason for their well being . The individuals of US always demonstrate their intention to start a buisness and make it succesful. Even the young American students go to college or a buisness school to show their Enterpeneur desire. America have a large number of population escpecially youngsters who have more flexible and trainable workforce. US provides green cards for individuals based on their talents and industrial sponsership. The country America also have the ability to attract emmigrants which is also ,major reason for their prosperity. In US they does regular hiring and working condtions eventhough the rules of the country is much less than Europe. As a result American workforce have a better chance fir finding right job, to innovate , to get new firms srtarted . they also provides number of universities which facilitates reseach on high-tech entyerpeneurship. They have long working hours and an average of 1800 hrs an avrage employee in US works in year. America as a country with lot of rules and regulations which is very less burdensome on biusnesses than regulations imposed by other developed countries. most of the survey reveals that Americans are more likely to beleive that Hard work paysoff.

In a nutshell we can say that Americans are economicaly stable because of their stable political system ,strong military ,huge availability of resources and the culture of innovation. America has a favourable regulatory enviornment too. The country provides protection to the rights of owners and enterpeneurs and encourage the effort put forward by them to the dvelopment of the country . Thus Americans are said to be more productive than people of other country . The favouvarable working conditions provided byb the federal government of America is considered to be the major reason for this. so we can say tht the individual contributions are one which lead to the wealth of the nation. it is not the wealth of the country makes well doing of people. the individual effort made by americans are quiet appreciable compared to people of similar developed nations like europe.