Wednesday, December 24, 2014

Sign 13 - America’s Prosperity Begins

Year:1783

Scriptures:
1 Nephi 13:20
20 And it came to pass that I, Nephi, beheld that they did prosper in the land….

They Did Prosper In the Land
Nephi beheld in vision that the newly formed United States of America would prosper in the land.
The United States is a great economic power, measured in terms of gross national product (GNP). The nation's wealth is partly a reflection of its rich natural resources and its enormous agricultural output, but it owes more to the country's highly developed industry. Despite its relative economic self-sufficiency in many areas, the United States is the most important single factor in world trade by virtue of the sheer size of its economy. Its exports and imports represent major proportions of the world total. The United States also impinges on the global economy as a source of and as a destination for investment capital. The country continues to sustain an economic life that is more diversified than any other on Earth, providing the majority of its people with one of the world's highest standards of living.
At the completion of the revolutionary war in 1783, the population of the United States was about 3.5 million which was 0.5% of the world population. In the year 2014, the United States had 4.5 % of the world's population. However, as the United States has grown in wealth and power, she has provided most of the airplanes, electronic products, modern medicines and a big percentage of other world products. Also, many of the world’s great inventions have been made in America, which has significantly contributed to raising the world’s standard of living.

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