Compare and contrast the economies of china and the united states

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Social Studies

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29 January, 08:52

Compare and contrast the economies of china and the united states

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Miya Martin · Answer 1

The United States has had the world's largest economy for about 140 years, and it roughly accounts for 22% of global GDP. However, in recent times China has overtaken the US by at least one measure of total economic strength, which is GDP based on purchasing power parity.