3) Japan – GDP: $4.8 Trillion
In the 1970’s Japan was predicted to eclipse the economy of the United States as the largest in the world. Whilst this did not happen, and the same could happen to China, the country is still one of the world’s leading economies. The country has long been praised for the advances it has led in electronics and industry being one of the most technologically advanced countries in the world.
2) China – GDP: $10 Trillion
A shift to a market-orientated economy has seen China become one of the largest economies in the world. It is both the fastest growing economy in the world with average annual growth rates of 10% and the largest exporter in the world. As said at the top of the article if this trend continues China will become the world’s largest economy in the next decade.
1) United States America – GDP: $17.5 Trillion
The United States has long been the world’s largest economy, with one third of the world’s millionaires and 40% of billionaires living in the country. The country is also the world’s largest manufacturer, producing around one fifth of the world’s output in that industry. With an average annual growth rate of only 2.2% the USA is by no means the fastest growing economy, but its certainly the largest!
The UK’s place would be under threat if Scotalnd had chosen independence? That would be funny if it wasn’t so wrong, and was misleading pro-independence propaganda.
However, thankfully the vote was to maintain the union … and if pro-independence people such as yourself bothered to investigate they would find that:
– the union was originally instigated at the request of Scotland.
– England & Scotland first came together under a Scottish king.
– the union has had long term financial benefit for Scotalnd.
Brave Heart people!!!!!!!!!!!!
Can we frame this a little different just to reveal the real power of capitalism as contrasted to a Marxist government (or others)?
Crunch the numbers and you will find that $ / person in China is 14% of the USA.
And then we can look at Arab countries that without oil and natural gas (which has to be abstracted by western capitalist corporations) generate about the same amount of wealth as two Mc Donalds and a Dairy Queen.
No wonder a Marxist born in Kenya resents us with such fervor?
How about the 100 richest Christians?
or
the amount of taxes paid by the 10 richest Americans?
na…kinda messes up the narrative hey?