The Unites States has a higher gross domestic product when compared to other developed countries
Gross domestic product is an economic indicator that represents the value of all goods and services produced by a country during a given period (usually one year) used to measure the wealth that a country generates.
For example, in 2019, the GDP of the United States was about 21.4 trillion dollars, while the GDP of other developed countries such as China was about 14.3 trillion dollars, and Japan had a GDP of about 5 trillion dollars. From the above, it can be United States has a higher gross domestic product.
On the other hand, United States does not have the highest standard of living because countries such as finland have a higher standard of living, still United States has a relative unemployment rate and its economy is based in the gold standard.
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House Un-American Activities Committee
Answer:
a policy pursued by Nation in its dealing with other nations
Answer: Three major religions or philosophies shaped many of the ideas and history of Ancient China. They are called the three ways and include Taoism, Confucianism, and Buddhism. Taoism was founded during the Zhou Dynasty in the 6th century by Lao-Tzu. The idea of Yin and Yang comes from Taoism.
The economic theory that trade generates wealth and is stimulated by the accumulation of profitable balances, which a government should encourage by means of protectionism. Mercantilism is an economic practice by which governments used their economies to augment state power at the expense of other countries. Governments sought to ensure that exports exceeded imports and to accumulate wealth in the form of bullion (mostly gold and silver).
