Economy of the United States

BMI Research Writing Test Question 1: What is the outlook for the US Economy over the next 12 months? In the midst of a presidential election, which will cumulate in November, the next 12 months represent an interesting period for the United States and its economy. Election years bring uncertainty, not only to the financial markets ripe with speculation, but also the domestic and international businesses that will need to contend with possible policy changes that will accompany a transition of…

The Mexican economy was hit hard by the global financial crisis. Mexico had a high economic dependence on the United States around the time of the global financial crisis as a result of the North American Free Trade Agreement. Consequently, when the global financial crisis hit the United States economy there was a heavy impact on the Mexican economy as well. Mexico’s economy was very vulnerable to fluctuation in the United States economy and relied heavily on the United States as an export…

The Untied State aging society will considerably be higher in the coming few years when the post war baby boomers are retiring. This will place a significant additional burden on the income security spending of the U.S. government and bring new challenges to existing economic policies. This paper analyses the impact of increasing aging population on the macroeconomic variables in the labor market, government spending, and fiscal policy of the United States economy. Introduction…

oil to if we are not willing to refine it would be China. This oil is not going to just appear there; a Canadian- Asian pipeline will be constructed to meet their demands. This means that all of the benefits the American economy was going to bring in are now going to China’s economy. Letting this happen would mean a loss of an investment of twenty billion dollars and over one-hundred thousand American jobs being lost. China already has enough of America’s money, there is no need to let them take…

Every country around the world has economic inequality within it. The income inequality encountered in the United States in ranked sixty four in the world. The economic inequality divided in the United States has a major impact on three factors: social class, education and power amongst the citizens. The economic inequality seen in “Parable of the Sower” by Octavia Butler reflects on how separation between poor, middle and rich class lead to a dystopian future. “Inequality for all” examines how…

The 1930’s was a time of devastation for the US economy and for people around the world. The great depression affected many people. Millions lost their jobs and were left homeless. Unemployment was at an all time high. Families lost their homes and had no source of income. This all changed when World War II broke out. When the war started in the 1940’s, thousands were presented with the opportunity to find jobs in the military. After thousands of men left to fight the war, tons of new…

In the article “U.S. economy won't grow fast until we unleash entrepreneurs,” Andrew Tisch discusses the role of entrepreneurship in resurrecting struggling communities and the creation of jobs among some other factors that lead any economy to grow. Tisch says that it is difficult for entrepreneurs to succeed in the United States. According to his article, the right ecosystem consists of good infrastructure, educated workers as well as regulations and rules that are consistent and smart. He…

The United States economy boomed during World War l. United States exports increased from the start of the War when the blockage got put in place Britain and the time the United States entered the war. By entering the war the United States would need food, clothing, guns, ammunition and transportation. As the men entered the war by draft in May 1917 the women entered the work place. The war got financed by increasing taxes by the War Revenue Act in October 1917 and by borrowing from the public.…

When I was in elementary and middle school everyone told me that Drugs are bad for you. They would also talk about the destructive effects of drugs and how it could affect your mind, body, and soul. Even today I am still told not to do drugs. But as I began to get older and see numerous people starting to do drugs regardless of what they were told by an authority figure. They would still use the drug even though it is illegal. I could never understand why people would go against the law even if…

On October 29, 1929, the stock market crashed, as did the United States economy. It triggered one of the most severe economic depressions in American history, called the Great Depression. During this period, America faced major economic, social, and political changes, one being the change in office. In 1933, Franklin D. Roosevelt was elected President of the United States of America and one of the first things he did during his presidency installed the New Deal. The New Deal was a collection of…