BUSINESS IN UNITED STATES
Added on 2020-04-15
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Running head: BUSINESS IN UNITED STATESBUSINESS IN UNITED STATESName of the student:Name of the university:Author note:
1BUSINESS IN UNITED STATESIntroduction: The country of the United States is located mainly in the central part of North America. In thenorth, there is the Canada and in the south is the Mexico. Moreover, it is bordered by on the westby the Pacific Ocean as well as to the east by the Atlantic Ocean. The country has a totalpopulation of about 304 million. This country covers a vase area on the earth that accounts to9,629,000. It is interesting to know that researchers include this country as one of the world’smost culturally diverse nations (Klabbers, 2015). It comprises of about 50 states along with thefederal district. The country of the United States is stated by business stalwarts as one of themost highly industrialized country. It is seen to boast proudly of a full fledge modern economy.Researchers also consider it to be one of the most powerful economy which is present in theworld. Hence, any individual with an aspiration to look himself as an expert businessprofessional can reach his objectives if get a chance for working in such modernized industriesof the country (Nikomo & Hoobler, 2014). The country is also abundant in different types ofnatural resources. It has huge amount of reserves that include coal, petroleum, iron ore, naturalgas and also sylvite thereby ranking among the topmost positions of the world. In the decade ofthe 1990s, a robust growth was recorded in the United States when the new economy along withthe information as well as the biotechnology industry started playing a leading role. This madethe country enjoy the unparalleled economic growth in that period (Ethier, 2016). However in theyear 2001, the economy of the country slumped into a period of brief recession but it showed thecapability to stand and turn around after the fall. It again returned to prosperity. In the month ofJuly in 2007, the subprime mortgage crisis broke out in the United States. Since then, it had beenspreading to the different parts of the world. The country is now starting to emerge from itslongest recession period from the time of the World War 2. For example, the two countries of US
2BUSINESS IN UNITED STATESand China are now found to be each other’s second largest trading partners who had a bilateraltrade which had been reaching for about 333.74 billion U.S dollars in 2008. Therefore it can beeasily seen that united states are continuously on the progress of making more internationalbonding and developing industrial projects which takes them to a more economically powerfulnation of the world (Buchelli & Wadhwani, 2014). Economists are now agreeing that theeconomy if the country is finally putting in a broad based recovery from the disaster of the 2008Great recession. After thorough analysis of the job market, it has been found that the nation isnow being able to create jobs for millions and the wage growth is also picking. The foreign tradeis also gradually getting pace although it is now standing to 30% of the nation’s GDP. Thesesigns are indicating a prosperous recovery as well as a healthy and self sufficient economy. Allthese signs are showing how the country has geared up for the development of the economyproviding more scope to new business professionals who are aspiring to become big in life(Shwab, 2017). US have been successful to hold on to the trend of energy renaissance all due tothe advancements in technology mainly in segments like drilling as well developed extensively.The industry’s growth had reached 168% between 2010 and 2013. Manufacturers had beenfound to be contributing about $2.09 trillion to the economy. This is alsoan increase from $1.73trillion in 2009. This sector accounts for about 12% of the GDP an support for about 17.6 millionjobs in U.S. transportation sector, healthcare sectors, agriculture and many others all areflourishing tremendously (Kaldor, 2013). Therefore, it had developed scopes for individuals toget new jobs in the country. Therefore choosing United States as the country for this assignmentis quite justified. Culture of the country:
3BUSINESS IN UNITED STATESResearchers suggest that by the term “culture” it means the wide domain which encompasses thefood, religion, how one hears, what that person wears, how they sit at table, how visitors aregreeted, how one behaves with loved one and many others. This had been stated by Christina DeRossi who is an anthropologist who works at Barnate and also Southgate College in London.This country is one of the most culturally diverse countries in the world (Scott & Davis, 2015).The English had colonized the country in the year 1600s. At that very time, they hadincorporated some of their cultures in the making of the United States. Besides, cultures ofNative Americans, Latin Americans, Africans and Asians also make US culture. Nine percent ofthe US population speaks English and most of the business is conducted in English. BesidesEnglish, other languages which are also spoken are Chinese, French, Spanish as well as German.Census bureau had successfully reported that more than 300 languages are spoken in US.71 % ofthe population are Christian and about 23% had no religious affiliation at all (Stromquist, 2016).Around 6% is made up of non Christian religions. The style of dressing mainly varies by socialstatus, occupation, climate as well as region. Jeans, sneakers, cowboy hats, boots, baseball capsare some of the interesting clothing styles. Fashion of this region is mainly influenced bycelebrities and the media and many like to wear branded clothes. Coming to the culture of diet,the diet of UA is largely influenced by the European and Latin American eating styles. Theymainly prefer hot dogs, hamburgers, hot dogs, cheese and macaroni as well as meat loaf (Spring,2016). Southern style cooking is specific that reflects the menu which includes dishes like friedchicken, collard greens, corn bread as well as black eyed peas. Again Tex-Mex is cooking stylefamous in Texas and southwest that incorporate Spanish and Mexican cooking styles. Theseinvolve food items with chili and burritos as well as jellies heavily shredded on cheese andbeans. Jerky dried meats are also as snacks. In section of art, United States is famous for being
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