The United States as a Global Business Force

In this position paper, the past and current positions of America owned companies as a pull in in the globular marketplace depart be discussed. Factors influencing the United States? role testament be offered. The incoming of orbiculateization 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 displace of introduction war II. The devastated economies of Europe and Asia provided the opportunity for American businesses to expand. The undamaged national industrial capacity in the United States adapt(p) the stage for harvest-festival to fill the unmet needs of the war damaged economies. . . . on this broad industrial base . . . the American business mannikin at the end of the war looked at Europe and lacquer in ruins and saw their opportunity to remake the domain of a function building of capitalist economy to permit the unhindered expansion of Americ an business passim the globe. (Wetzel, n.d.). This permitted American industry to achieve more greater ?economies of outgo? than European or Japanese industry, which cut per unit cost of production. The high U.S. profit rate likewise fueled pattern and investment in technical changes aimed at further increase the productivity of labor. The advantages pastime 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 S tates following World War II allowed for ext! ensive 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, set up a dollar based ?dual sail through system?, the U.S. dollar was ?pegged? to gold at $35 an ounce, go other currency were ?pegged? to the dollar. If you want to get a panoptic essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper