America- hyper power/world police/ Flashcards
how is America a super power in terms of its economy?
- the US dollar is the global reserve currency. meaning key commodities are cheaper for the US to buy
- according to the financial times, in 2010, 162 of the 500 largest companies were domiciled in the US
- 30% of the worlds millionaires and 40% of the worlds billionaires reside in the US
how is American a superpower in terms of its Military?
-has the only army capable of global full spectrum dominance- military concept where achievements over all elements of the battle spaced is more successful
-annual defence budget in 2009 was $515.4 billion (no one else came near close)
-Nevertheless, the ongoing conflicts
in Iraq and Afghanistan show how
even the strongest military force can
struggle to defeat highly motivated
guerrillas and insurgents
how is american a superpower in terms of its culture?
-Americanisation attempts to spread american values and norms which are often in stark contrast with local traditions