Question

Discuss North America as a major marketplace and business center in the world economy. Be sure to include specific examples. You may also include specific companies but be sure to include a reference to the organization’s website. Walmsrt, Amazon, and Apple are companies that represent major marketplace and business centers in the world economy.

Answer 1

Answer : It is rightly said that north america as a major market place and business center in the world economy. There are various reason for which north america has been attained this postion are as follows :

• North america economy is the world largest in the manufacturing of the output.
• North america economy and GDP are more productive as compare to other countries. The noth america contribute one-fifth of the global GDP.
• North america economy has full utilisation of resources with advanced technology.
• North america has positive forgien direct investment.
• Growth of all upper and higher brands are in north america Example Apple,Google and Walmart etc. Major profit has been earned by them only.
• North america is the world leader in technology. They are innovaters of the technology.
• North america has well maintianed college and education system.
• US dollar is superme.
• North america is the world most competitive economy.
• Manufaturing sector of the north america specially in mexio produced goods at fine level and reached to the customer at there door step.
• North america population is quite remarkable such as increasing savings when they are in old age and energistic when they are quite young.
• EXAMPLES :

WALMART :

Walmart is a multinational organisation which born in north america and has retial stores Sam walton in 1962 has launched the company walmart. The consumer of all over the world has been acquired by them.

• Multi national retial organisation as well as they acquired world largest company in which there is higher revenue collection.
• Walmart has made investment in another part of countries and they achived success. As a result GDP and market growth of north america increases.

APPLE :

​Apple is a north america multinational corporation which design , developed and sold consumer electronic items , software of computer and different on-line services. In 1976, steve in noth america has launched the company apple.

There are various apple versions :

• i phone
• iphone tab
• Mac personal computer

Apple is a world largest technology company collected higher revenues. Apple provides largest market share and attract higher income group person to all countries. There is no competitor in the market.

Amazon :

Amazon is the world largest network of on-line selling the product where there are large number of sellers purchasing the product and ultimate there is growth in noth america. Amazon has main aim is to earn maximum share and increases the market acquisation of the america.