International Influence Flashcards
1P
The USA is hugely influential, partly because of its economic power.
1E
The US is the world’s largest economy. It has the highest GDP in the world at $16.2 trillion, and an abundance of natural resources
1E
For example, it is a world leader in oil and gas production, as well as manufacturing. Over 130 of the world’s biggest 500 companies are American, including Exxon Mobil and Chevron.
1A
The huge wealth generated by the USA gives it huge international influence. Many American companies operate globally which again demonstrates the USA’s influence. In addition, the fact that so many countries in the world were affected by the 2008 recession, which began in the US.
1R
However, in recent years the economic influence of the US has faltered.
1E
The US’s economic supremacy has come under threat due to the recent global recession and increasing competition from other countries.
1E
Total public and private debt in the USA is three times its GDP at over $50 trillion. The number of households in the US with incomes below $2 a day as doubled in recent years making it one of the most unequal countries in the world in terms of its economy. The US’s Gina-coefficient (measuring inequality) is at 45.0 which is higher than both Russia and China.
1A
This along with China’s continued prosperity mean that perhaps American economic influence is under threat.
1L
Overall, it is clear that the US is hugely influential in terms of its economy. It has the world’s highest GDP and has economic interests all over the world. However, its dominance is under threat as a result of the recent recession and increasing competition from countries like China.
2P
In addition, the US has huge military influence.
2E
The US has the most powerful and well-funded military in the world today.
2E
In 2012, the US spent almost $700 billion on defence which is more than Russia, China, the UK and several other powers combined.
2A
This gives the US tremendous influence as other countries are well aware of its militry prowess. It is the leading member of NATO, the world’s biggest and most influential military alliance and has been involved in numerous conflicts in countries such as Iraq and Afghanistan in recent years.
2R
However, the US’s military influence is not limitless.
2E
The US has in recent years tried to prevent such as Iraq and North Korea from gaining nuclear weapons but it may have failed in this regard.