Future global economic and business outlook

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The United States, with about 300 million people, accounts for about 5% of the world population, but it accounts for over 20% of the world GDP and consumes over 20% of global resources. This means, on a per capita basis, Americans consume more than most of the rest of the world. Many say this is unsustainable. The optimists say a rising tide raises all boats, which means as global GDP grows, standards of living will grow for all. The pessimists say it is a zero-sum game, and as the rest of the world grows, the developed world will lose.

What do you think? What is your future global economic and business outlook? Support your thoughts with critical thinking and facts, not just emotion.

Reference no: EM131196407

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