Explain the hegemony of the United States of America as a structural power.

The idea regarding this kind of hegemony is that open world economy needs a dominant power or hegemon for supporting its existence as well as its formation. Relating to this sense, hegemony tends to be reflected in the role that is played by the United States in provision of global public goods. It is best exemplified by global public goods like Internet, Sea-Lanes of Communication and roads. The economic preponderance of the United States tends to be inseparable from its power that is structural in nature which shapes the global economy in a specific way. Another example of such power of the United States is the academic degree known as the Masters in Business Administration or MBA. The idea relating to teaching skills for business is distinctly American.