The United States as a Global Business Force

In this position paper, the past and current positions of America own companies as a pull in in the globular marketplace depart be discussed. Factors influencing the United States? role exit be offered. The incoming of globalization and the role of American owned companies will be discussed. Past and Current Position of American CompaniesAmerican companies have been force in global business since the remove of introduction war II. The devastated economies of Europe and Asia provided the opportunity for American businesses to expand. The uninjured national industrial capacity in the United States wane the stage for harvest-festival to fill the unmet needs of the war damaged economies. . . . on this broad industrial base . . . the American business dissever at the end of the war looked at Europe and lacquer in ruins and saw their opportunity to remake the universe of discourse grammatical construction of capitalist economy to permit the unhindered expansion of America n business passim the globe. (Wetzel, n.d.). This permitted American industry to achieve overmuch greater ?economies of outgo? than European or Japanese industry, which cut down per unit cost of production. The high U.S. profit rate in addition fueled pattern and investment in technical changes aimed at further increase the productivity of labor. The advantages avocation World contend 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 States following World War II al! lowed for extensive domination of global trade in and the emergence of the dollar as the study currentness for foreign trade. The Bretton Woods Agreement, established in 1944, conform up a dollar based ?dual ace system?, the U.S. dollar was ?pegged? to gold at $35 an ounce, objet dart other currency were ?pegged? to the dollar. If you want to get a ripe essay, order it on our website: OrderCustomPaper.com

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