Outline of the U.S. Economy - America.gov

View Other Languages

We’ve gone social!

Follow us on our facebook pages and join the conversation.

From the birth of nations to global sports events... Join our discussion of news and world events!

Democracy Is…the freedom to express yourself. Democracy Is…Your Voice, Your World.

The climate is changing. Join the conversation and discuss courses of action.

Connect the world through CO.NX virtual spaces and let your voice make a difference!

Promoviendo el emprendedurismo y la innovación en Latinoamérica.

Информация о жизни в Америке и событиях в мире. Поделитесь своим мнением!

تمام آنچه می خواهید درباره آمریکا بدانید زندگی در آمریکا، شیوه زندگی آمریکایی و نگاهی از منظر آمریکایی به جهان و ...

أمريكاني: مواضيع لإثارة أهتمامكم حول الثقافة و البيئة و المجتمع المدني و ريادة الأعمال بـ"نكهة أمريكانية

Outline of the U.S. Economy

September 2009

September 2009

The U.S. economy of the 21st century little resembles that of the 18th century, but acceptance of change and embrace of competition remain unchanged.

More Coverage

BUSINESS & TRADE

Achieving growth through open markets

Translation

Українська - PDF

Русский

عربي

中文

tiếng Việt

Inside This Publication

September 2009

From The Editors

Preface

Chapters 1-2

Chapter 1: The Challenges of This Century
U.S. economy currently faces its severest challenges in a generation
An Economy Driven by Competition
The U.S. Economy Today
Chapter 2: The Evolution of the U.S. Economy
The economy has expanded and changed, guided by some unchanging principles
A Balancing of Interests
The South and Slavery
A Spirit of Invention
Convulsive Changes
A Modern Economy Emerges
The New Deal
Organized Labor: Prosperity and Conflict
The Political Pendulum Swings
Deregulating Business
Technology’s Upheaval
The New Economy
Opportunism and Credulity
Sidebars: The Richest Man in the World
Unlocking the Internet

Photo Galleries

Chapters 3-4

Chapter 3: What the U.S. Economy Produces
Large U.S. multinational firms altered their production strategies, roles

Manufacturing Faces Competition
The Rise of Finance
Where Americans Work
Investing in Research and Education
Support for Farmers
Sidebar: Retailing’s Competitive Battlefield
Chapter 4: Competition and the American Culture
Competition has remained a defining characteristic of the U.S. economy
Small Businesses at the Economy’s Core
The Chance to Start Again
Creative Destruction at the Top of the Economy
Corporations Push Back
Junk Bonds and Takeovers
Competition and the American Culture
Praising Work

Chapters 5-8

Chapter 5: Geography and Infrastructure
Education and transportation help hold together distinct regions
A Nation of Regions
Unifying Forces
Unifying Forces and Infrastructure
Creating a National Audience
The Power of Education
Chapter 6: Government and the Economy
Much debate has focused on government’s role in the economy

The Reach of Economic Regulation
The Antitrust Laws
Protecting Competition, Not Competitors
The Birth of Environmental Regulation
The Tide Turns Against Regulation
The Regulation of Banking
Sidebar: The Changing Union Movement
Chapter 7: A U.S. Economy Linked to the World
United States shows no sign of retreat from global engagement

Open Trade and Foreign Policy
Responses to Foreign Competition
A Boost for Trade Expansion
Patents, Copyright, Trademarks
Sidebar: A Lesson in Creative Destruction
Chapter 8: A New Chapter in America’s Economic Story
United States, in a democratic way, faces up to immense economic challenges
Soaring Deficit
Income Disparity
Obama’s Plan