What are the predominant fundamentals of the major economies of the world?

Question

That is: the U.S., China, Europe (emphasis on Germany, France), the U.K., Australia, India, and Latin America (emphasis on Brazil).

For example, the predominant economic force/fundamental of the U.S. economy is the consumer. What is it for other nations?

And how does one figure out what the biggest part of GDP is for a nation, in general? What reports to read?

Will give 10 points and make a question and guarantee another 10 points (20 points total) if you can help me out with my query. Thanks!

Answer 1

Well this is a very good question(s). The predominant economic fundamental of a global economy is trade, that is to say that as a world trading partner my country of origin can sell or trade as many goods with other countries to maintain my countries standard of living, therefore adding value to my countries economy (currency), credibility as a good trading partner and political and economic stability at home and abroad. My country benefits and my trading partners benefit.

   Supplying goods and services to my countries "consumers" provides for domestic economic stability, it makes my citizens happier and better citizens, job growth means more domestic spending and spending adds taxes to my countries govermental coffers. My country now has roads and hospitals, maybe even clean water. My country can even afford a military to defend itself. Again, my countries citizens are happier and better citizens, even more productive.

  To encapsulate all this activity boils down to a few basic economic realities. As we all know, my countries economic growth has to be measured. I must include all facets of manufacturing and services output, servicing and trade with other countries and the amount of taxes my country is taking in. This would also include the number of jobs that are available, how much my countries citizens make in wages from those jobs and to a certain extent how confident they are in the domestic economy. The more confident they are, the more they will be willing to save and spend. the leading economic indicators are, how much industry produced, compared to last year, how many jobs has my countries economy provided. How confident are my countries citizens in my economy, that is to say, how much money are they saving and spending. I also need to know what my countries trade export and import balance sheet is. Is my country importing more then it's exporting? Maybe I even would like to know, "what is the value of the imports versus the same products my country produces" i.e.. Is my economy competitive with similar economy's worldwide?

Watch for government reports such as the consumer price index, this tells us about inflation and the cost of living, also look for other government reports. Also, check various market forecasts and indices for statistical information.

Answer 2

mayor rich people hide behind free choice ,they give us and they take when we cant paid ,we are the humans whit hard labor work.