The Role of Women in the Economic Growth of the US - Article Example

A study revealed that women entrepreneurs firstly did not have financial advisors, and those that had financial advisors, felt that their financial advisors did not understand them well. Women in the US who inherit wealth make wonderful philanthropists unlike women in countries like China. There is traditional role-playing surrounding the economy in the US. Heartland American women are comfortable with making decisions and controlling money. There exists a dichotomy between the widows and wives and the women that earn money themselves.

Women have a tendency to use their money not only to achieve their personal goals but also to make a positive difference in society by contributing to the expansion of diversity e.g. increased representation of women in leadership. In order to be able to achieve their optimal satisfaction and potential, it is imperative that women are treated and perceived as serious and capable professionals. If women are respected and trusted as investors, it would have a positive effect on the economy.