What is the benefit of being a territory (US or otherwise) rather than being an independent country?

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What benefit is there for Guam, Puerto Rico, etc to being a US Territory rather than a state or an independent country?

In: Economics

6 Answers

Anonymous 0 Comments

You also can have financial debt crisis
https://en.wikipedia.org/wiki/Puerto_Rican_government-debt_crisis#:~:text=In%20August%202018%2C%20a%20debt,liabilities%20as%20of%20May%202017.

In August 2018, a debt investigation report of the Financial Oversight and Management Board for Puerto Rico reported the Commonwealth had $74 billion in bond debt and $49 billion in unfunded pension liabilities as of May 2017

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