Economies of U.S., China, and Greece

Each question needs to be at least 250 words. APA citation.

• Describe the current Chinese economy. Where do you think it will go from here? What changes do you think the U.S. needs to make in its economic relationship with China?
• What is your assessment of the state of the Greek economy (or any other specific EU country of your choice)? What steps have been taken to mitigate the damage and fix it? Will they work? What else should be done?
• What is your assessment of the current U.S. economy? What factors might affect it either positively or negatively? I realize this line of questioning could easily break down to perspectives from the left and right and politics; let’s try not to allow this and keep the discussion focused on economic theory and principles.
• List what you believe to be the three most important or relevant comparative economics concepts

Answer preview

Statistics show that the economy is growing at an average growth rate of 2.3%, although it is the world’s largest economy (US-DoS, 2011). The stakeholders are encouraged to earn their living as everyone is assured of a fair playing ground free of unfair competition from competitors. A capitalistic economy with the freedom to trade gives investors the confidence to enter the market and exit whenever they deem fit freely. Investors will bring economic developments to the U.S., creating opportunities for both locals and immigrants in the country. Therefore, political factors have played a role in developing economic policies that benefit the country’s economy.

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