What factors explain the high level of level of productivity in the United States?

What will be an ideal response?

Historically, wages have been high in the United States and have risen because of high productivity. There are several reasons for this high productivity. First, the amount of capital equipment per worker is high. Second, natural resources have been abundant relative to the labor force in the United States—especially in agriculture and in energy. Third, technological advances have been generally higher in the U.S. than in most other nations, and work methods are steadily improving. Fourth, the quality of labor has been high because of education, training, health, and good work attitudes. Fifth, there are other, less tangible items underlying the high productivity of American workers such as the flexibility and efficiency of management, the stability of the business and political environment, and the large size of the domestic economy, which allows for economies of scale.