Is The United States A Declining Economic And Military Power, Or Is It Strengthening Its Global Position In The 21st Century? Are There Other Countries That Might Challenge It In The Near Future?

Running Head : DECLINING ECONOMIC AND MILITARY POWER get together States : Declining Economic and phalanx PowerNameName of UniversityName of ProfessorSubjectUnited States : A Declining Economic and Military PowerAs the United States prepared to infix the twenty-first carbon , it could reflect upon the fact that the twentieth century was truly the American century , even with its declining stinting hegemony and resulting pretermit of armed forces hegemony . The U .S . entry into World state of war I tilted the balance against the triple alliance . It was the U .S . forces that vie the major part in the defeat of the Axis powers in World War II . It was the U .S . men and solid that contained Soviet Communist expansion until it self-destructed . Even though its military power was unrivaled , the United States had to confront the re-emergence of traditional isolationism at home , the creation of slip coalitions around the world , and approximately importantly , its declining economic power in the worldIn the 1940s and the mid-fifties , the United States was extraordinarily competitive in the world commercialize . Virtually anything it produced , it could sell . Although partly the aftermath of World War II , which had destroyed most of America s industrial competitors , this detail overly reflected an American monopoly in advancednology industries and American productivity in lower-technology ones . The United States had a handsome surplus in its planetary balance of trade , and this surplus could in turn pay large-scale expenditures on U .S . military forces to be deployed oversea in the territories of America s allies including West Germany , Britain , Italy and Japan . A productive and competitive economy with high employment also provided a healthy base for federal taxation and pass . In such a happy condition , the United States could maintain a vast system of military alliances and perish 10 percent of its GNP on defense . In the slogan of the Eisenhower administration , the former was underwritten by the latterThen all this started to exchange with seeming suddenness . Japan appeared to surge forward at incredible speed .

Through the 1970s it s rising indices of industrial production seemed to propel it above the industrial levels of the United terra firma , the European Community , the Untied StatesAs the Soviet Union faltered and thusly collapsed , Japan and subsequently also West Germany increasingly became the symbols of alleged(prenominal) young economies , in which organized capitalism could achieve miracles which experient capitalism could no longer deliver . The inventory of china and Japan s successes was stressed frequently . Its rapid pace of economic growth , its systematic allocation of vast resources to gross immovable capital formation , its obvious progress in high-tech consumer-oriented production , and its impressive penetration of the global markets all get their dueIn contrast , the United States was increasingly depicted as an agedness stumbling giant , losing its preeminence and its leading abilities . From the mid 1970s on , a vast literature asserted with much sentence that the United States was deindustrializing losing the battle of high tech and unduly shifting its labor force toward services while complacently accommodate itself...If you want to get a full essay, order it on our website: Ordercustompaper.com

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