The population of the United States is only 300 million. Why can the United States become the largest consumer market in the world?

The huge population of the United States is the basis for ensuring consumption. Whether in the United States or the whole world, countries with high consumption must have rapid economic flows, that is, they must either flow at high speed in their own countries or interact with foreign capital. Only in this way can they promote the flow of capital and stimulate the growth of consumption, as in the United States.

Let's talk about population The United States has a population of 320 million, which is not much compared with China. China has a population of 654.38+03 billion, which makes the total GDP very high. But looking around the world, the United States is only the third most populous country. This is a prerequisite. Without a sufficient population, it is impossible to become a global consumer country. Let's talk about income level first. As for India, the population is much larger than that of the United States, but the Indian people have no money. How can you let him spend it? How does the overall consumption go up? So income level is also very important.

Furthermore, people's consumption concept is also very important. Americans like to spend money in advance, that is, spend money tomorrow today. Americans hold 8.5 times as many credit cards as China. All this is because there is a credit information system as a guarantee, so that credit card users dare not fake. It is mainly the government's actions and the idea that the devaluation of the currency is not as good as spending it as soon as possible that is encouraged. The high income of Americans keeps the money circulating in the society.

When these people earn more, they will consume the services provided by others, so the economy of a region will be driven. When the economy in this area improves, naturally more people can afford things and consume them, so the money will be recycled. This is why Americans dare to spend money and have money to spend.