Economy Of The Usa

The prudence of the United States is the orbits largest nominal economy Its nominal gross domestic product was estimated at $14.2 trillion in 2009(which is 3 times of the worlds largest national economy, Japan) Its gross domestic product by PPP is closely twice that of the second largest, China The U.S. economy maintains a real high take of output per person (GDP per capita, $46,442 in 2009, ranked at well-nigh number ten in the world) the U.S. economy has maintained a stable everywhereall GDP ripening prescribe over the eld, a low unemployment rate, and high levels of research and smashing enthronisation funded by both(prenominal) national and, because of decreasing rescue rates, more and more by foreign investors The United States is cryptic in mineral resources and fertile farm soil, and it is fortunate to stool a chasten climate. It also has spacious coastlines on both the Atlantic and peaceful Oceans, as well as on the Gulf of Mexico. These extensive wat erways have helped shape the countrys economic growth over the years and helped bind Americas 50 individual states to pass along shorther in a single economic unit GDP growth -2.4% (2009) everyday finances Public debt $12.28 trillion (January 2010) 84% of GDP Revenues $2.106 trillion (2009) Expenses $3.515 trillion (2009) frugal aid ODA $19 billion, 0.

2% of GDP (2004) Labor force by tenacious argument farming, forestry, and fishing 0.6%, manufacturing, extraction, transportation, and crafts 22.6%, managerial, professional, and technical 35.5%, sales and office 24.8%, other service 16.5% note: figures exclude the unemployed (2007) Unemploymen! t 9.9% (April 2010) Main industries petroleum, steel, locomote vehicles, aerospace, telecommunications, chemicals, inventive industries, electronics, food processing, consumer goods, lumber, mining, defense Labor force 154.5 billion (includes unemployed) (2009 est.) Export goods clownish products (soybeans, fruit, corn) 9.2%, industrial supplies (organic chemicals) 26.8%, capital goods (transistors, aircraft, motor vehicle parts, computers,...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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