When and how America became a developed country?
Let’s first examine what is a developed country:
A developed country, industrialized country, or “more economically developed country” (MEDC), is athat has a highly developed economy and advanced technological infrastructure relative to other less industrialized nations. Most commonly, the criteria for evaluating the degree of economic development are (GDP), (GNP), the , level of industrialization, amount of widespread infrastructure and general standard of living. Which criteria are to be used and which countries can be classified as being developed are subjects of debate.
Developed countries haveeconomies, meaning the provides more wealth than the . They are contrasted with , which are in the process of , or undeveloped countries, which are pre-industrial and almost entirely . As of 2015, advanced economies comprise 60.8% of global GDP based on and 42.9% of global GDP based on (PPP) according to the . In 2015, the ten largest advanced economies by GDP in both nominal and PPP terms were , , , , , , , , the , and the .
Now that you know about the criteria and the next is to learn about the history of the United States so you can see how the USA became the most one. Like mother like son is the best explanation when the United Kingdom was recognized as the First Developed country followed by Belgium then the rest as mentioned above.
The Industrial Revolution in the United States was attributed to one man Samuel Slater. An English cotton mill worker who learned that United States was badly in need of new industrial technologies that was prohibited to export by England. So he memorized as much as he could and parted England for America. He offered his services to Brown in Rhode Island and earned a fortune as well as the name “Father of American Industrial Revolution” while being called a traitor back home.
That was in the 18th century. Then came the Gilded Age that lasted from late 1800 to 1900 when European immigrants flooded to the US for better wage and living conditions. This is the time the US took the lead from the United Kingdom as the new leading developed country with new factories, railroads, coal mining, and advances in technology development. The power of immigrants who brought along talents, trade expertise, and capitals.
Then the Roaring 20s came into a halt with the Great Depression that set the US back a few notches. What propelled the US as a leader again was WWII that pretty much crippled the entire Europe and Asia. Other than Pearl Harbor, the US soil was untouched and suffered little. With its factories intact and all the men returned as war heroes, the golden era began with the US dollar signing as The World Currency in 1944 during the Bretton Woods Conference.
Even today, the United States ranks number one in international immigration with 19% of total international immigrants. Personally, I think the US is a country by the immigrant and should always be in flavor of immigrants instead of afraid of it. It’s appalling how stupid politicians or president wannabe wanting to shut the doors on immigrants. This young country of 200 plus years out performed all other more mature developed countries because they have been absorbing the best from the rest of the world.
The founding fathers were all European immigrants, then fortified by immigrants from all over the world. It was developed by immigrants and their descendants who have poured their heart and soul to make this a great country. USA was the number one until they decided to move their factories to China. While Samuel Slater smuggled technology from England to the US, the US voluntarily shipped their technologies to China and for what? Talk about slaughtered the goose that keeps on laying the golden egg. Did these airhead corporate leader knew that you have nothing left for the middle class Americans when you take away their source of labor?
So what if the service sector or the healthcare sector thrives. These industries are only good when people can afford to pay for their services. Americans need industrial and manufacturing jobs. Not all these goods made in China and other underdeveloped countries. America is developing into a country with most of its citizens depending on government jobs and handouts. Look at the Trump supporters. Hillary was kind to call them deplorable. How can they support a guy who has no respect for others, no experiences in government and no plans for the future other than alienating all its neighboring countries.
These certifiable blind supporters were so gullible that they are willing to worship a guy that has filed bankruptcy um teen times as a business genius. A guy that acts like a byproduct of spoiled brat and pervert whose behavior is so repulsive that didn’t fit as a human being let alone being a president. An antagonist liar who can lie with a straight face under the spot light while throwing a temper tantrum to all those questioning his integrity. I’m sure that the days of America as a developed country will end when Trump became president. A development I don’t want to witness ever.