Economic growth, which reflects the overall performance of a country, is one of the most important macroeconomic goals that a country seeks to achieve and maintain. It must be sustained in order for economic development to be achieved Desmond, et al, Besides taxes as an instrument of fiscal policy, governments might use their expenditures, as another instrument, to achieve economic growth. In the past two decades, the Palestinian economy was going through fluctuating behavior.
Reference Copied to Clipboard. An overview of US economy The economy is the most important indicator to judge the internal living conditions and social development of any country.
It provides information about the development of basic factors like health, education, happiness, infrastructure, living standard, etc.
United States is one of the largest economies that has gained huge level of hold on the world economy and controls the world economy through its internal situation. It is clear that US has created its powerful industrial structure and per capita income is also appreciable inside the about economy essays.
Further, the role of technology within the US economy is also remarkable. Technologically the US has seen highest advancement and development that is sufficient enough to grow the economy as compare to other countries. The external economic factors put the positive impact at each another and lead towards the growth of the economy and the internal economic environment.
The government has their intervention into only health sector and transportation area.
The country has maximum number of private companies who are successful and have earned huge profits all across the world. Even the government buys the required products from private companies.
This economic ideology is highly success in US and ensures the proper flow of income and effective utilization of natural resources. The decision making is in the hands of private firms in the US.
Here the private companies faced the high level of leverage of such kind of economic structure in expanding their business and taking the decisions appropriately.
The technological areas have brought down the revolution in entire world and America has become the pioneer of such advancements.
The aerospace, computers, communication and information technology, medical, military, etc. The residents of the country get their own home that was the positive indicator for US economy.
This is not an example of the work written by our professional essay writers. But another fact is that the people who had less technical skills and educational qualifications they face trouble in establishing their growth in the era of technology. They found obstacles in facing pay rises and other benefits at work place.
It determines the unequal distribution of wealth and employment opportunities. At the same time, the US economy has faced huge level of growth in literacy ratio.
To meet out the requirement of technology people started to get educated and it just raises the level of employment within the country.
Thus, the technology works positively in the long run and negatively in the short run.
But its negative consequences are negligible as compare to the positive results. Unequal distribution of wealth is another factor that could be realized in US economy over the recent past or industrial development time.The Economy of the Philippines is the 43rd largest in the world; according to World Bank statistics and it is also one of the emerging markets in the world; according to the CIA Fact book, the estimated GDP (purchasing power parity) was billion.
Dissertation and Essay Samples:An overview of US economy America. The following essay or dissertation on the topic of America has been submitted by a student so that it may help you with your research work and dissertation help. U.S. Economy. The United States economy experienced ups and down in its journey to realize the economic power it enjoys today.
After the civil war in the early nineteenth century, the United States’ economy experienced drastic development as a result of urbanization and industrialization.
Sep 03, · How to Write a Good Economics Essay. A good economics essay requires a clear argument that is well-supported by appropriately referenced evidence. Research your topic thoroughly and then carefully plan out your essay 90%(20).
- Political Economy Essay Question 3 What is meant by ‘competition’ in the economy. Is it always desirable. Competition is an integral facet of economics, the question of its desirability to promote growth and innovation is a topic of contention between economists.
Here provided is a non-plagiarized template about the development of economy in The United States. Feel free to use it to get you paper done successfully.