Question

What is the economic freedom of the world measure indicates that the united states

Answer 1

The economic freedom of the world measure indicates that the united states has been on the lower rankings in recent years.

Step-by-step explanation:

Index of Economic freedom is an annual index, correlation and ranking made in 1995 by The Heritage Foundation and The Wall Street Journal, used to measure or check the level of economic freedom enjoyed by the nations of the world. The Heritage Foundation's index of economic freedom grades countries based mostly on these twelve factors: Property rights, judicial effectiveness, integrity of its government, tax burden, government spending, fiscal health, business freedom, freedom associated with labour, monetary freedom, financial freedom, trade freedom and investment freedom. The United States of America was ranked 12th in 2019 with a total score of 76.8 which was mostly negatively influenced by its government spending and fiscal health. It was an actual improvement from their previous years' grade where they were consistently 17th.

Answer 2

It indicated that the United States of America experienced a fall in economic freedom since 2000 causing its rank among the top ten(10) freest economies in the world to drop.

Step-by-step explanation:

The Economic Freedom of the World index is a measure of the consistency of a country's institutions and policies in relation to the way it organizes economic activity and protection of individuals and their properties from aggression by others with economic freedom. It was created by The Heritage Foundation and The Wall Street Journal in 2005.

According to the Economic Freedom of the World measure, between 2000 and 2009 the United States of America experienced a decline in economic freedom thereby causing its ranks to drop below high-income free economies countries such as Hong Kong, Switzerland, Singapore, Canada and New Zealand.