United States of America is also known as the U.S or U.S.A. It is a federal constitutional nation comprising of a federal district and fifty states. Washington D.C is the capital city and lies between Pacific and Atlantic Oceans, She is bordered by Mexico to the south and Canada to the North. The population of America is constituted of over 310 million people and one of the largest ethnically diverse and multicultural nations enabling her to be the world largest national economy (GDP $14.780). Her history starts with the declaration of independence in the year 1776.
In the period (1866-1920) United States of America was served by 11 presidents: Andrew Johnson (1865-1869), Ulysses S. Grant (1869-1877), Rutherford B. Hayes (1877-1881), James A. Garfield (1881), Chester A. Arthur (1881-1885), Grover Cleveland (1885-1889), Benjamin Harrison (1889-1893), Grover Cleveland (1893-1897), William McKinley (1897-1901), Theodore Roosevelt (1901-1909), William Howard Taft (1909-1913), Woodrow Wilson (1913-1921). These presidents highly contributed to the economic success of United States of America and enabled her to become very strong politically.
Politics of U.S.A have been characterised by radical changes since independence when the president was George Washington (1789-1797). Normally a president’s term in U.S is supposed to be four years after which the electorate vote in another leader. The incumbent president is however eligible to participate in another election.
U.S has basically remained a two-party system from Independence although the relative positions of the two parties within the system changed dramatically in the mid-1990s. The two major parties: Democrats and Republican candidates experience stiff competition especially during presidential elections. Despite the two party system in United States of America some other minor parties in U.S.A emerge to compete during presidential elections but are short-lived due to the stiff competition from the already established two major parties e.g. Whig.
In the years 1865-1920, the US became the leading industrial capitalist nation. There was nothing foreseeable about this growth. Two principal barriers blocked the way which arose from capitalism itself. These obstacles among them included the growing class of working people who had insisted on the sharing of the industrial production fruits and also the competiotion among existing firms which grew extreme.
Following the civil war, capitalism in the United States marked a period of massive dynamism an growth. The US position in the production of food rose sharply from the fourth place to the first place in the world. Throughout this period, a number of wealthy fabulous individuals known as the robber barons, who concentrated mostly in the industry and banking sections and this created huge monopolies and years later they came to dominate the country’s ruling class; they controlled the economy’s height and became more dominant than governments and countries. .
In the earliest industrialization phases, the American Industry was characterized by the local monopolies which were protected from competition with each other by the high cost of transportation. The 1873-1879 depression was the last crisis of the highly American competitive economy. Producers tried to keep output levels to respond to the falling prices. Nevertheless, industrial producers were able to protect their position in the market.
In the years 1920, the farm labor wage rates reached their highest points in the history of the United States and this was attributed to the war conditions that were being experienced after 1896. The 1920 era embodied the beginning of the modern America and many Americans felt buoyed following the World War I in the years 1914-1918. At the beginning of the deafening twenties, conversion of the United States from Wartime to Peacetime economy was observed and since the World War 1 weapons were no longer required, there was a transitory freeze in the economy and following few years, the US prospered and it became the richest nation on earth and with it, a culture of consumerism was born.
In conclusion, therefore, the fact that the US is a two party republic; Democrats and republicans is very interesting and in fact, this is what makes it unique politically. It is also evident from the discussion herewith that America has had much history to be remembered by the future generations.