36 responses

  1. Sid Hussain
    June 12, 2010

    very brief and convincing.

    Reply

  2. Valenti M.
    March 21, 2014

    The UK and the USA: Economic System

    A bookish definition of Economic system is “The ideas and institutions that people draw upon and the behaviors in which they engage in order to secure resources to satisfy their needs and desires” But Economic System is a smaller word but it is bigger and larger than life.Basically, an economic system is a mechanism which deals with the production, distribution and consumption of goods and services in a particular society.
    Differences: 1.The Uk is the 6th largest economy in the world according to GDP but USA is the largest and most important economy in the world. 2. The USA is the third largest country in the world when UK is the 8th largest in the world. 3.The UK has the 20th largest labour force in the world when the USA has the world’s best labour force. 4. The UK has the second highest trade deficit in the world behind the USA5. The USA has the world’s largest current account deficit but is still approximately four times higher than that of the UK’s,which is the second highest in the world. 6.Today, the USA ist the world’s largest trading nation, The UK is the 7th leading importer and the 12th leading exporter in the world. 7. The UK’s GDP makeup is comprised of agriculture(0.7 per cent) but USA is the third largest agricultural producer in the world. 8. The UK is the sixth-largest manufacturer of goods in the world and the USA is the world’s largest manufacturer. 9. The UK also has the 32nd largest proven oil reserves and the 44th largest proven natural gas reserves in the world,when the USA is the world’s third –largest producer of oil and second-largest producer of natural gas. 10. The Uk is the 7th leading importer and the 12th leading exporter in the world,today the USA is the world’s largest trading nation.
    Similarities: 1.Like similarity the UK and the USA have the largest economy in the world
    2.Also they have highest trade deficit in the world
    3.UK and USA have the same industry sectors(agriculture,industries and services)
    4. The list of their industries include:machine tools,electronics,telecommunicatons,chemicals etc.
    5. The Stock exchange is placed in their capitals (UK-London and USA-Washington)
    6.Also they are the largest countries in the world
    Conclusion
    The economic system is composed of people , institutions and their relationships. Addresses the problems of economics, like the allocation and scarcity of resources. Also it must not be forgotten that UK was hailed as the first ever industrialized country in the world. It was even the most powerful country during the 19th century. But when the World Wars came to reality, its power slowly dwindled. Today, the US has become the most powerful nation in the world in terms of military strength and national defense.

    Reply

    • jafo
      November 25, 2014

      Hence, the US State of California now has a bigger and better economy than the UK.

      The UK will become a Muslim majority in 2030, and the UK is also on a brink of demise because of its reliance on social welfare. Not enough young workers to keep the UK on track. Too much sociol welfare and not enough younger native born workers. We’re nothing but a nation of handouts, whereas the USA has 5x our workforce.

      Reply

      • Dcjjsd
        July 5, 2015

        lol you’re stupid

        Reply

      • Factteller
        May 21, 2018

        You rreally are dumb

        Reply

  3. Kyle
    December 10, 2014

    I have nothing against Muslims but the UK feels like its becoming invaded by you. The once proud British nation is about to become another India.

    Seriously government, do something about it.

    Reply

    • Factteller
      May 21, 2018

      Imean you are right about them but they are humans too

      Reply

  4. Bob Ugee
    September 3, 2015

    Now I can practically differentiate between Us and and Uk…initially, I usually get pissed off some time before of how we inter-complicate the country with each other.

    Thanks Op. I do appreciate!

    Reply

  5. dike
    October 29, 2015

    Pls when comparing us to uk, GDP is not a good measure. This is cause the income per person might prove ure conclusion otherwise. If ure to use GDP, China and India would be the best countries in the world. Were talking of an over 350million population to about 65million in uk. Who is expected to have the higher GDP among them?

    Reply

  6. Sandeep
    December 29, 2015

    Though I ‘m an Indian,it has become a peak point,U.K. the one that was once the Proud of its own is making its own doom by gathering much Indians, I guess the govt. must make well decisions to empower the nation again with its own society as it was in the very past…… I just love this nation so much that I feel if I would have born there than this India

    Reply

  7. Nikky
    September 29, 2018

    I need boyfriend

    Reply

    • Md Sahin Islam
      January 31, 2019

      Hello,,

      Reply

    • Adi
      April 28, 2019

      Hey

      Reply

    • Malik
      February 16, 2020

      I am here

      Reply

    • Inah efoli
      June 11, 2021

      Are you real? If yes DM me,am interested,am real too

      Reply

  8. Abraham
    October 5, 2019

    @Nilky here am i

    Reply

  9. Ridhika Singha
    January 4, 2020

    Got the exact answer

    Reply

  10. Nelson
    April 18, 2020

    note:we all here to learn, not to hook up….

    Reply

  11. J Ransom
    April 27, 2020

    Its apparent that the UK made a bad decision in selling the Louisiana purchase, which infact was indian territories.Now infact, natives are on reservations that the US created to cede the land.the only way the UK can bounce back to being the the #1 industrial and powerful conglomerate is to regain economics.

    Reply

  12. patience
    August 22, 2021

    Thanks so much for this.
    I have a better understanding now about this two.. the USA and the UK

    Reply

  13. Ug7
    October 19, 2021

    Very good

    Reply

  14. CYNTHIA L HAYCOCK
    January 2, 2022

    Not much is said of heath standards. As far as military goes. All lack pride and professionalism and respect. Or they wouldn’t have such a turn around of people and junky airplanes.

    Reply

  15. CYNTHIA L HAYCOCK
    January 2, 2022

    Problem with such industrial waste pileup and pollution. To much perverted science

    Reply

  16. Richard lord tussey
    January 8, 2022

    I would like to work at UK or us. My phone number 0244102831

    Reply

  17. marshal favour
    March 2, 2022

    hmmm interesting.i love the arguments, they make sense

    Reply

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