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What are the reasons for the success of the American economy?

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There are a wide variety of reasons. A large country with extensive natural resources, and a strong agrarian base (which has historically provided national food security). National security, provided by a strong military and relative geographic isolation. A history of strong and widespread public education. read more

Capitalism brings resources and manpower together, when entrepreneurs are allowed to operate (relatively) independent from government interference. America is a can-do place, with thinkers and doers, in a land blessed with abundant natural resources. read more

The average time for a dispute to be resolved through American courts is 300 days, 42% less than other OECD countries. Costs as a percentage per claim are also less than elsewhere, at 14.4%. read more

Define success. Success depends on the scope of measurement. Let me explain. A person who beats the 100 meter sprint world-record with the world watching from the proverbial bleachers will be considered a clear success. read more

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AMERICAN ECONOMY Quotes Like Success
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