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India as an economic force? It sounds odd to consider this fact based upon the India of 20 years ago, when people were fleeing to escape India's economic woes. However, today India as a modern economic power is a reality. One sign of this is that many jobs in the West, especially in the high tech fields, are being outsourced to India. After completing your assigned reading for the module, prepare a 1-2 page paper that discusses the impact of India's economy on the United States and other current world economic powers.
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The impact of India's economy on the United States and other current world economic
powers.
Significant economic growth over the past 20 years has enabled India to increase its
production of high value-added products. Currently, India has become a major competitor in the
design and production of advanced and high-tech products which were historically dominated by
the United States and other more developed countries. The growth of India’s economy has got a
number of impacts on the United States as well as other current world economic powers in terms
of incomes and jobs. This paper will, therefore, focus on the impacts of India’s economic growth
over the past 20 years in the United...
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