North America Assessing the Drivers, Term Paper

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Political/cultural climate

The prosperity of the North American continent arguably depended in large part on the Protestant work ethic found in both the United States and Canada. In general, too, both nations are 'free trade' nations, although there have been some missteps that had a dampening effect. The raising of tariffs in the U.S. In the 1920s and 1930s constitutes one such misstep. Some contend that doing so caused, or at last aggravated, the Great Depression.

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In turn, coping with the Depression prevented North America's early intervention in Germany, and so was indirectly responsible for World War II (Lind 1994, p. 16+). Those same analysts see a willingness to "police the world and promote global free trade" as essential to the economy of North America, which is, when all the opinions are laid to rest, founded on global trading of its still-abundant natural resources and endowments......

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