• Dr.V.Mary Madhuri
• Dr.S.Ramanjineyulu

America is the world's largest and developed economy and major global trader. The United States of America regularly known as the United States (U.S. or US) or America. The economic history of the United States of America began with British settlements along the Eastern seaboard in the 17th and 18th centuries. These 13 colonies acquired independence from the British Empire in the late 18th century and quickly grew from colonial economies towards an economy concentrated on agriculture. The commencement of the century, new innovations and developments in existing innovations unlock the door for improvements in the standard of living among American consumers. As of now America is undoubtedly the largest economy in the world. The nature of USA as a world dominance and power is determined by many factors like American Consumerism, Currency, Interest rates, Trade etc. If we observe clearly America’s role in the world economy may not be true.

Key Words: Developed, Economy, Colonial, Innovation, Consumerism

"Is the world economy depend on the American economy?", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 11, page no.a109-a116, November-2024, Available :http://www.jetir.org/papers/JETIR2411011.pdf

"Is the world economy depend on the American economy?", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 11, page no. ppa109-a116, November-2024, Available at : http://www.jetir.org/papers/JETIR2411011.pdf