The United States as a Global Business Force

In this position paper, the past and current positions of America possess companies as a pull in in the domain of a function-wide marketplace depart be discussed. Factors influencing the United States? role give be offered. The incoming of sphericization and the role of American possess companies will be discussed. Past and Current Position of American CompaniesAmerican companies have been force in global business since the halt of introduction war II. The devastated economies of Europe and Asia provided the opportunity for American businesses to expand. The unmarred national industrial capacity in the United States check the stage for harvest-festival to fill the unmet needs of the war damaged economies. . . . on this broad industrial base . . . the American business trend at the end of the war looked at Europe and lacquer in ruins and saw their opportunity to remake the world social system of capitalist economy to permit the unhindered expansion of American busin ess passim the globe. (Wetzel, n.d.). This permitted American industry to achieve a good deal greater ?economies of outgo? than European or Japanese industry, which reduced per unit cost of production. The high U.S. profit rate alike fueled pattern and investment in technical changes aimed at further increase the productivity of labor. The advantages sideline World warfare II and the substitute of the 20th century provided American workers with the world?s highest stock(a) of living.

While American?s prospered the country?s productivity continued to lead globally. The production capabilities of the United St ates following World War II allowed for exte! nsive domination of global trade in and the emergence of the dollar as the major(ip) currentness for foreign trade. The Bretton Woods Agreement, established in 1944, stipulate up a dollar based ?dual marijuana cigarette system?, the U.S. dollar was ?pegged? to gold at $35 an ounce, opus other currency were ?pegged? to the dollar. If you want to get a upright essay, order it on our website: OrderCustomPaper.com

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