The Economy Of The United States

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1、TheEconomyOfTheUnitedStatesⅠ.HistoryandGrowthⅡ.CommercialandNonprofitFirmsⅢ.HouseholdsⅣ.GovernmentandtheEconomyⅤ.InternationalTradeⅥ.ProblemsandChallengesfortheU.S.EconomyTheeconomyoftheUSisbestdefinedasamixedeconomy.Thegrowthwas3.4%peryearbetween1959and2006.Americanbusinessesf

2、allprimarilyintothreemethodsoforganzationsoleproprietorship——thequickestandeasiestwaypartnership——ownedbytwoormore"partners"corporation——moseofthelargestfirmschoosethisorganzationCorporationsissueandsellsharesofstocktoinvestors——stockmarkets.Bondsareanotherimportanttypeofsecuri

3、tytradedinfinancialmarkets.Stockandbondmarketsareimportantforcorporations,governmentsandinvestors.TheStockAndBondMarketNonprofitFirmsSomeAmericanfirmsarespecificallydesignedtonotearnprofits——"nonprofit"firms.BankingisanimportantindustryintheAmericaneconomy.BankingOnaverage,Amer

4、icanearn＄45.790foreverypersonintheUS——thefiveandahalfoftheworldaverage.Onehalfoffamiliesearnmoreandonehalfoffamiliesearnless.America'shighlevelsofaverageincome,37millionofAmerica's299millionresidentsliveinpoverty.ThepovertyandwealthoftheUSisnotdistributedevenlybyrace,geographyo

5、rage.poorpeoplearemostconcentratedinthesuothernstates.Americanscurrentlysaveabout1%oftheirincomeeacyear."savingaccount"——thetraditionalmethod.Trillionsofdollarsofsavingsareinvestedinthestockmarketatanygiventime.Definedbenefitpersions,definedcontributionpersionsandhomeownership—

6、—usedformanyfamiliesTheFederalGovernmentThefederalgvernmentplaysmanyrolesintheAmericaneconomy.majorpurchaserofgoodsandservicestransfersmoneyandotherresourcestoneedyAmericanproducecurrencycontrolsthesupplyofmoneyregulatestheworkenvironmentFederalTaxation,DeficitsDebtInordertofin

7、anceitsmanyactivities,thefederalgovernmenttaxesbothfirmsandhouseholds.Since1969,thefederalgovernmenthashadabdgetdeficit.Thenationaldebt,ortheaccumulationofallbedtowedbythefederalgovernment,wasover$10trillionoralittlelessthantwo-thirdsoftheGDP.WelfareandAidtothePoorAlthoughtheUS

8、isaveryrichcountry,therearemanypoorpeoplewhohavelowinc