In: Economics
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Question:
Answer:
The USA is the healthiest democratic capitalist nation of the world with 33 cr population. The USA is the biggest economy of the world and the and the biggest market of the world. The USA is a welfare state and its democracy is based on equality, liberty and brotherhood. The USA gives the same opprtunity to every citizen to grow without and discrimination. The United States is a presidential democracy, in which the President of the United States is the head of state and head of government. There are 50 states in the the USA and the United States is first a constitutional federation of 50 equal states, and federal territories. Here we will focus on some facts about the USA-
Gross domestic product: 20.54 lakh crores USD (2018)
Gross national income: 20.84 lakh crores PPP dollars (2018)
Expected growth arte(2021) - 1.7%
Average GDP growth rate (1947-2020) = 3.06%
Total population = 33 crores
Life expectancy = 78.54 years
Fertility rate = 1.77
Population growth rate = 0.6% annual
Ethnic group - Non- Hispanic white - 63.4, Hispanic and latino- 15.3%, black-13.5%
Literacy rate = 99%
Life Expectancy = 79%
Religion = Christians -71%,
We have seen above that USA is a developed nation have a diversified social culture and demography. People are higly educated and highly sensetive about their rights, responsibilities, values, ethics, beliefs and national values. The USA is really a great nation.
There are two main paties of the USA are - Democratic and Republican Parties. These both the party play a vital role in the USA political world or US democracy. Both the parties respect the democratic values of the USA and respect the constitution of the USA. Both the paty belive in liberty, equality, brotherhood and unity. But there are some basic differences in their ideology. We have talk earlier that Americans hold a range of opinions on economic and social issues that don’t always fit neatly onto a simple “left-right” continuum. First we talk about the ideology of the Republican Parties. The Republican Parties belive in less government intervention and support a free economy and and belive in privatization. It belive that government should not interfare in the market/economy and follow the phyloshphy of less government more governance. But at the same time it is very traditional in respect of social issues or activities like, abortion, marriage, Contraception and other social activities. It is against of , abortion, same sex marriage, Contraception etc. According to it it is against of social culture and natural values and could not be acceptable in the US. Other side Democratic think opposit. AS per the Democratic ideology the govenment should intervene in the economy and activily participate in economy and social services. The government to watch the economic activities and and trying to maximize the social welfare though social security benefits related to health, education, unemployment benefits. The government should regulate the economy to well being of social and national interest. Other side the Democratic support the abortion, marriage, Contraception. The Democratic ideology is against of the intervention of the governemt in the social and personal issue and the gov ernment should respect the social culture, individual's value, belief and thought process. The governmemt should regulate the economy only and social and cultuaral activities.
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