Global Economic Report

China Reverses Course

The British Empire lasted from 1550 to 1900 a great run of almost 350 years. France exerted a global influence that lasted for 270 years and ran from 1610 to 1880. The majority of other countries power lasted for a shorter durations. The United States gained strength after breaking away from Great Britain, adopting the Constitution and Bill of Rights in 1787, and becoming a source of technological innovation funded by capitalism. Although the U.S.’s influenced has lessened since 1970, it has clearly remained the dominant power. The U.S.’s Power...

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