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According to the CIA World Factbook,2007 GDP is believed to be $13.84 trillion.This is three times the size of the next largest economy, Japan, which has a GDP of $14.4 trillion. The U.S economy amintains a high level of output per person. : 

According to the CIA World Factbook,2007 GDP is believed to be $13.84 trillion.This is three times the size of the next largest economy, Japan, which has a GDP of $14.4 trillion. The U.S economy amintains a high level of output per person. THE U.S ECONOMY The U.S economy is the largest and the most important market in the world.The United States of america’s economy is driven by consumers but is troubled by high debt levels.

ECONOMIC HISTORY OF AMERICAThe economic history of the Unites States has it’s roots in European settelements in the 16th,17th and 18th centuries.The American colonies progressed from marginally successful colonial economies to a small, independent farming economy,which in 1776 the UNITED STATES of AMERICA. In 230 years the U.S grew to a huge, intergrated,industrialized economy that makes up over a quarter of the world economy. : 

ECONOMIC HISTORY OF AMERICAThe economic history of the Unites States has it’s roots in European settelements in the 16th,17th and 18th centuries.The American colonies progressed from marginally successful colonial economies to a small, independent farming economy,which in 1776 the UNITED STATES of AMERICA. In 230 years the U.S grew to a huge, intergrated,industrialized economy that makes up over a quarter of the world economy.

The main causes were a large unified market, supportive political-legal, system vast areas a highly productive farmlands,vast natural resources (especially timber, coal and oil) and an entrepreneuarial spirit and commitment to investing in a material and human capital. The economy has maintained high wages, attracting immigrants by the millions from all over the world. : 

The main causes were a large unified market, supportive political-legal, system vast areas a highly productive farmlands,vast natural resources (especially timber, coal and oil) and an entrepreneuarial spirit and commitment to investing in a material and human capital. The economy has maintained high wages, attracting immigrants by the millions from all over the world.

UNEMPLOYMENTThe crisis of unemployment and poverty in America continues to worsen. Desite a nomiral increase in jobs in recent weeks, what is not reported is what kind of jobs are being created. Manufacturing jobs, the backbon of any economy, continued to be lost for the 37th month in a row in october. : 

UNEMPLOYMENTThe crisis of unemployment and poverty in America continues to worsen. Desite a nomiral increase in jobs in recent weeks, what is not reported is what kind of jobs are being created. Manufacturing jobs, the backbon of any economy, continued to be lost for the 37th month in a row in october.

For the vast majority of Americans, the days of high quality jobs with decent wages, security, and full heath and retirement benefits are a thing of the past. The effect this is having in terms of unemployment, homelessenes, and even hunger right in the U.S. is a devastating indictment of a system which places profits before human need and suffering. : 

For the vast majority of Americans, the days of high quality jobs with decent wages, security, and full heath and retirement benefits are a thing of the past. The effect this is having in terms of unemployment, homelessenes, and even hunger right in the U.S. is a devastating indictment of a system which places profits before human need and suffering.

AFTER THE GREAT DEPRESSIONFor many years following the Great Depression of the 1930’s, when the danger of recision appeared most serious, government thought to strengthen the economy by spending heuvily and by fostering raped growth in the money supply, wich also encouraged more spending. : 

AFTER THE GREAT DEPRESSIONFor many years following the Great Depression of the 1930’s, when the danger of recision appeared most serious, government thought to strengthen the economy by spending heuvily and by fostering raped growth in the money supply, wich also encouraged more spending.

In 1970th economic was brought on by the costs of the vietnam conflict, major price increase, particularly for enemy, created strong fear of inflation. : 

In 1970th economic was brought on by the costs of the vietnam conflict, major price increase, particularly for enemy, created strong fear of inflation.

As a result government leaders came to concendrate more on condrolling inflation than on combating recssion by limiteing spending, resisting tax cuds, and reining in grouth in the money supply. : 

As a result government leaders came to concendrate more on condrolling inflation than on combating recssion by limiteing spending, resisting tax cuds, and reining in grouth in the money supply.

ECONOMIC CRISIS OF 2008In 2008 a global economic crisis was suggested by several important indicators of economic downturn worldwide. These inculded high oil prices, wich led to both high food prices and global inflation; a substantial credit crisis leading to the bankruptcy of large established investment banks as well as commercial banks in various nation around the world; incresed unemployment, and the possibility of a global recession. : 

ECONOMIC CRISIS OF 2008In 2008 a global economic crisis was suggested by several important indicators of economic downturn worldwide. These inculded high oil prices, wich led to both high food prices and global inflation; a substantial credit crisis leading to the bankruptcy of large established investment banks as well as commercial banks in various nation around the world; incresed unemployment, and the possibility of a global recession.

Slide 14: 

In our opinion economy is the most important thing for all countries in the world. All people’s living conditions are depended on economy. If we want to live in normal country and in normal conditions, we should have strong economy.

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