Why is becoming rich easier in USA than any other first world country?
Why is becoming rich easier in USA than any other first world country? Like Australia and the UK? Is it because their lending and bankruptcy laws are different?
Asked By: Stacey James - 1/8/2013
Best Answer - Chosen by Asker
A lot of people overseas think that it is much easier to get rich in the USA. but First, overseas locations receive preference because of the low wages paid for labor there. Second, U.S. companies have no employee benefits to pay for operations in those countries. Third, they are exempt from environmental and safety... More
Answered By: Ursugardaddy - 1/9/2013
Additional Answers (2)
lower tax rates, less social constraints, fewer cultural hassles, more opportunity, less corruption. in general better chances.
Answered By: Rob - 1/8/2013
The U.S.'s economy is diverse and strong, and has a robust foundation in free market capitalism with a government safety net to provide for less fortunate people. Taxes on individuals are generally fairly low and has a very fluid class structure. It doesn't matter if your parents were impoverished, you still have the... More
Answered By: Marshall - 1/8/2013
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