美国经济(英文版).ppt
合集下载
英语国家社会文化之美国经济-US-economyppt课件
.
Limited liability
It is a concept that the value of a person's investment in a company or partnership with limited liability.
If a company with limited liability is sued, then the plaintiffs(原告) are suing the company, not its owners or investors. A shareholder(股东) in a limited company is not personally liable for any of the debts of the company, other than for the value of their investment in that company. usually that person‘s dividends(股息) in the company being zero, since the company has no profits to allocate.
Adam Smith was a Scottish social philosopher and a
pioneer of political economy. The Wealth of Nations, is considered
as the first modern work of economics. Smith is widely cited as the father of
.
Five Major Developments
1. Introduction of the factory system the first factory in U.S., 1793 by Samuel Slater ◦Cotton cloth factory ◦The Northeastern region: the manufacturing center ◦The Southern region: cotton plant base ◦The result: US-a major cotton producer
Limited liability
It is a concept that the value of a person's investment in a company or partnership with limited liability.
If a company with limited liability is sued, then the plaintiffs(原告) are suing the company, not its owners or investors. A shareholder(股东) in a limited company is not personally liable for any of the debts of the company, other than for the value of their investment in that company. usually that person‘s dividends(股息) in the company being zero, since the company has no profits to allocate.
Adam Smith was a Scottish social philosopher and a
pioneer of political economy. The Wealth of Nations, is considered
as the first modern work of economics. Smith is widely cited as the father of
.
Five Major Developments
1. Introduction of the factory system the first factory in U.S., 1793 by Samuel Slater ◦Cotton cloth factory ◦The Northeastern region: the manufacturing center ◦The Southern region: cotton plant base ◦The result: US-a major cotton producer
美国经济大萧条英文版课件
1
THE GREAT DEPRESSION 经济大萧条
2
The Great Depression
?Brief introduction ?Effects ?Causes ?Measures
3
Brief introduction
? The Great Depression(1929-1933)，originated in U.S. history, the severe（严重的） economic crisis supposedly precipitated by the U.S. stock-market crash of October 29, 1929 (known as Black Tuesday). From there, it quickly spread to almost every country in the world.
?Political Unrest
?Farm Foreclosures
6
在布鲁克林区的“血汗工厂”里，15岁左右的童工每周只挣二元七角八 分。女工每周工作50小时，报酬是二元三角九分。
7
当然，人在街头流 浪久了，也能找到一些 窍门。譬如，花五分钱 要一杯咖啡，然后白要 一杯开水，把柜台上的 番茄酱倒一些同开水一 搅和，就算是番茄汤了。
Herbert Clark Hoover (赫伯特·克拉克·胡佛)
New Deal:
Roosevelt's economic recovery plan, the New Deal, instituted unprecedented programs for relief, recovery and reform, and brought about a major realignment of American politics.
THE GREAT DEPRESSION 经济大萧条
2
The Great Depression
?Brief introduction ?Effects ?Causes ?Measures
3
Brief introduction
? The Great Depression(1929-1933)，originated in U.S. history, the severe（严重的） economic crisis supposedly precipitated by the U.S. stock-market crash of October 29, 1929 (known as Black Tuesday). From there, it quickly spread to almost every country in the world.
?Political Unrest
?Farm Foreclosures
6
在布鲁克林区的“血汗工厂”里，15岁左右的童工每周只挣二元七角八 分。女工每周工作50小时，报酬是二元三角九分。
7
当然，人在街头流 浪久了，也能找到一些 窍门。譬如，花五分钱 要一杯咖啡，然后白要 一杯开水，把柜台上的 番茄酱倒一些同开水一 搅和，就算是番茄汤了。
Herbert Clark Hoover (赫伯特·克拉克·胡佛)
New Deal:
Roosevelt's economic recovery plan, the New Deal, instituted unprecedented programs for relief, recovery and reform, and brought about a major realignment of American politics.
美国经济(英文版)ppt
Chapter 3 American Economy
-
American Economy
Contents: 1. Industrial Revolution 2. General Survey 3. Industries 4. Agriculture
-
American Economy
Industrial Revolution
Position of the American Economy 1. “superpower” in world affairs 2. dominant position of the dollar
“Bretton Woods System”
布雷顿森林体系/布莱登国际货币制度
-
American Economy General Survey
Bretton Woods System 1. most major currencies are pegged to the US dollar 2. the dominant position of the dollar was formally
established in the Bretton Wood system which was held in 1945 at Bretton Woods in New Hampshire and attended by 45 countries. 3. The conference also set up the IMF (International Monetary Fund), the World Bank, and GATT( the General Agreement on Tariffs and Trade), later known as WTO, it is a world trading system.
-
American Economy
Contents: 1. Industrial Revolution 2. General Survey 3. Industries 4. Agriculture
-
American Economy
Industrial Revolution
Position of the American Economy 1. “superpower” in world affairs 2. dominant position of the dollar
“Bretton Woods System”
布雷顿森林体系/布莱登国际货币制度
-
American Economy General Survey
Bretton Woods System 1. most major currencies are pegged to the US dollar 2. the dominant position of the dollar was formally
established in the Bretton Wood system which was held in 1945 at Bretton Woods in New Hampshire and attended by 45 countries. 3. The conference also set up the IMF (International Monetary Fund), the World Bank, and GATT( the General Agreement on Tariffs and Trade), later known as WTO, it is a world trading system.
美国经济(英文版)
Manufacturing
The US manufacturing industry is the largest in the world, almost 3 times the size of Japan.
1. one quarter of GNP
2. one quarter of the national income
American Economy General Survey
Structure of the economy
1. Privately-owned business 2. State-owned business 3. non-profit organizations
American Economy General Survey
4. By 1998 the gross federal debt has reached $ 2 trillion
5. interest on the federal debt is over $ 150 billion a year.
American Economy Industries
1. Sectors of American Industries 2. Distribution of industries 3. Major Industrial Cities 4. Factors of the Development of
American Economy General Survey
Deficit
American economy is deficit financing.
1. $23 billion during WWⅠ
2. $13 billion more during the 1930s
美国经济大萧条 (全英文).ppt
the stock crash as a symptom, rather than a cause, of the Great Depression.
N：Andrew William Mellon（Warren Gamaliel ） Harding29，John Calvin Coolidge Jr.30，Herbert Clark Hoover31
股票市场崩溃是一场灾难深重的经济危机 爆发的火山口。
Start 2
Mellon pulled the whistle, Hoover rang the bell, Wall Street gave the signal and the country went to hell.
“ 梅隆拉响汽笛，胡佛敲起钟。华尔街发 出信号，美国往地狱里冲！”
The programs were responses to the Great Depression, and focused on what historians call the "3 Rs": relief, recovery, and reform.
That is, Relief for the unemployed and poor; Recovery of the economy to normal levels; and Reform of the financial system to prevent a repeat depression.
Effects
government intervenes to economy Keynesian['keinziən]
national macroeconomic adjust and control economic nationalism—tariffs Totalitarianism(极端主义)-Nazi Party 卍 Adolf Hitler&Benito Mussolini贝尼托·墨索里尼，
N：Andrew William Mellon（Warren Gamaliel ） Harding29，John Calvin Coolidge Jr.30，Herbert Clark Hoover31
股票市场崩溃是一场灾难深重的经济危机 爆发的火山口。
Start 2
Mellon pulled the whistle, Hoover rang the bell, Wall Street gave the signal and the country went to hell.
“ 梅隆拉响汽笛，胡佛敲起钟。华尔街发 出信号，美国往地狱里冲！”
The programs were responses to the Great Depression, and focused on what historians call the "3 Rs": relief, recovery, and reform.
That is, Relief for the unemployed and poor; Recovery of the economy to normal levels; and Reform of the financial system to prevent a repeat depression.
Effects
government intervenes to economy Keynesian['keinziən]
national macroeconomic adjust and control economic nationalism—tariffs Totalitarianism(极端主义)-Nazi Party 卍 Adolf Hitler&Benito Mussolini贝尼托·墨索里尼，
美国经济(英文版)
9
American Economy General Survey
Inflation Inflation is a general rise in the prices
of goods ad services, the real or purchasing power value of money is reduced. E.g. Three dollars are necessary today to buy what two dollars bought yesterday.
2. The South was traditionally an agricultural region because of its favorable climate for crops.
The South developed its oil-refining and Petrochemical industry.
2. it stands by the Ohio River which finally joins the Mississippi River.
3. it has developed a big steel-making industry, and is now the largest producer of iron and steel in the U.S.
18
American Economy Industries ------Distribution
Distribution of Industries
1. Northeastern America , the most important industrial region.
New England and Great Lakes
American Economy General Survey
Inflation Inflation is a general rise in the prices
of goods ad services, the real or purchasing power value of money is reduced. E.g. Three dollars are necessary today to buy what two dollars bought yesterday.
2. The South was traditionally an agricultural region because of its favorable climate for crops.
The South developed its oil-refining and Petrochemical industry.
2. it stands by the Ohio River which finally joins the Mississippi River.
3. it has developed a big steel-making industry, and is now the largest producer of iron and steel in the U.S.
18
American Economy Industries ------Distribution
Distribution of Industries
1. Northeastern America , the most important industrial region.
New England and Great Lakes
美国经济(英文版)
A second development was the “American system” of mass production which originated in the firearms industry about 1800. the new system required precision engineering to create parts that were intercis rich in mineral deposits. It leads the world in the production of phosphate磷酸盐 (34% of the world’s total) It ranks second in gold, silver, copper, lead, natural gas, and coal, It ranks the third in petroleum production in the world, after Russia and Saudi Arabia.
Roles of Government
Before 1890, Tenets of laissez-faire Now it plays an important role in developing national economy. Federal Trade Commission
The Roots of Affluence
American Economy
“The Wealth of Nations” Adam Smith
Development of Free Enterprise
The story of American economic growth is a story of people inventing new devices and processes, starting new business and launching new ventures. For each of these endeavors, money is needed. That money is known as capital. Individuals started enterprises with money borrowed from others. They share the profit gained with those investors. When they wanted to expand their businesses, they again borrow money.
美国经济英语PPT
文档仅供参考，不能作为科学依据，请勿模仿；如有不当之处，请联系网站或本 人删除。
three parts
America in the colonial Era
History of American Economy
The War of independence
The Civil war
——We can appreciate a video
A meeting of colonial leaders who opposed British oppression was held in Philadelphia. They urged Americans to disobey The Intolerable Acts and to boycott (抵制) British trade. At the same time, the colonists began to defend themselves.
文档仅供参考，不能作为科学依据，请勿模仿；如有不当之处，请联系网站或本
Contents 人删除。
目录
1 Share a video 2 General introduction 3 History of American Economy 4 Current American Economy
文档仅供参考，不能作为科学依据，请勿模仿；如有不当之处，请联系网站或本 人删除。
Printing paper money and opening diplomatic relations with foreign powers. George Washington, a wealthy Virginia planter, was respected as a man of ability and integrity.
美国经济(英文版)
E.g. Three dollars are necessary today to buy what two dollars bought yesterday.
a
10
American Economy General Survey
Deficit
American economy is deficit financing.
1. $23 billion during WWⅠ
2. $13 billion more during the 1930s
3. $200 billion more during WWⅡ
4. By 1998 the gross federal debt has reached $ 2 trillion
Adam Smith Alexander Hamilton Early American industries Second development A Third development A fourth development New era for the United States
Manufacturing
The US manufacturing industry is the largest in the world, almost 3 times the size of Japan.
1. one quarter of GNP
2. one quarter of the national income
Position of the American Economy 1. “superpower” in world affairs 2. dominant position of the dollar
a
10
American Economy General Survey
Deficit
American economy is deficit financing.
1. $23 billion during WWⅠ
2. $13 billion more during the 1930s
3. $200 billion more during WWⅡ
4. By 1998 the gross federal debt has reached $ 2 trillion
Adam Smith Alexander Hamilton Early American industries Second development A Third development A fourth development New era for the United States
Manufacturing
The US manufacturing industry is the largest in the world, almost 3 times the size of Japan.
1. one quarter of GNP
2. one quarter of the national income
Position of the American Economy 1. “superpower” in world affairs 2. dominant position of the dollar
American Politics and Economy lecture-Michael美国的经济、政治介绍PPT课件(英文)
SHENANIGANS
American Political Economy: A History, and a Present
Overview
Part I American Politics • History of American Politics • Present of American Politics
பைடு நூலகம்
Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn that mankind are more disposed to suffer, while evils are sufferable than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security…
The influence of factious leaders may kindle a flame within their particular States, but will be unable to spread a general conflagration through the other States. A religious sect may degenerate into a political faction in a part of the Confederacy; but the variety of sects dispersed over the entire face of it must secure the national councils against any danger from that source. A rage for paper money, for an abolition of debts, for an equal division of property, or for any other improper or wicked project, will be less apt to pervade the whole body of the Union than a particular member of it; in the same proportion as such a malady is more likely to taint a particular county or district, than an entire State.
American Political Economy: A History, and a Present
Overview
Part I American Politics • History of American Politics • Present of American Politics
பைடு நூலகம்
Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn that mankind are more disposed to suffer, while evils are sufferable than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security…
The influence of factious leaders may kindle a flame within their particular States, but will be unable to spread a general conflagration through the other States. A religious sect may degenerate into a political faction in a part of the Confederacy; but the variety of sects dispersed over the entire face of it must secure the national councils against any danger from that source. A rage for paper money, for an abolition of debts, for an equal division of property, or for any other improper or wicked project, will be less apt to pervade the whole body of the Union than a particular member of it; in the same proportion as such a malady is more likely to taint a particular county or district, than an entire State.
美国经济(英文版)PPT演示课件
9
American Economy General Survey
Inflation Inflation is a general rise in the prices
of goods ad services, the real or purchasing power value of money is reduced. E.g. Three dollars are necessary today to buy what two dollars bought yesterday.
5
American Economy General Survey
Structure of the economy
1. Privately-owned business 2. State-owned business 3. non-profit organizations
6
American Economy General Survey
4. By 1998 the gross federal debt has reached $ 2 trillion
5. interest on the federal debt is over $ 150 billion a year.
11
American Economy Industries
10
American Economy General Survey
Deficit
American economy is deficit financing.
1. $23 billion during WWⅠ
2. $13 billion more during the 1930s
American Economy General Survey
Inflation Inflation is a general rise in the prices
of goods ad services, the real or purchasing power value of money is reduced. E.g. Three dollars are necessary today to buy what two dollars bought yesterday.
5
American Economy General Survey
Structure of the economy
1. Privately-owned business 2. State-owned business 3. non-profit organizations
6
American Economy General Survey
4. By 1998 the gross federal debt has reached $ 2 trillion
5. interest on the federal debt is over $ 150 billion a year.
11
American Economy Industries
10
American Economy General Survey
Deficit
American economy is deficit financing.
1. $23 billion during WWⅠ
2. $13 billion more during the 1930s
英语国家概况(美国经济)(课堂PPT)
Foreign Language Teaching and Research Press
1. The Colonial Period
❖Massachusetts—settled by Pilgrims to escape religious persecution
❖Other colonies—like Virginia and Pennsylvania, founded as business ventures
▪ contribution to England’s colonizing process of the would-be United States
▪ charter companies ▪ King provided a charter or grant conferring
economic rights as well as political and judicial authority
Foreign Language Teaching and Research Press
1. The Colonial Period
❖English investors turned over colonial charters to the settlers.
▪ enormous political implications
▪ small iron forges (冶炼厂)
Foreign Language Teaching and Research Press
1. The Colonial Period
Gristmill
Iron forge
Foreign Language Teaching and Research Press
1. The Colonial Period
❖Massachusetts—settled by Pilgrims to escape religious persecution
❖Other colonies—like Virginia and Pennsylvania, founded as business ventures
▪ contribution to England’s colonizing process of the would-be United States
▪ charter companies ▪ King provided a charter or grant conferring
economic rights as well as political and judicial authority
Foreign Language Teaching and Research Press
1. The Colonial Period
❖English investors turned over colonial charters to the settlers.
▪ enormous political implications
▪ small iron forges (冶炼厂)
Foreign Language Teaching and Research Press
1. The Colonial Period
Gristmill
Iron forge
Foreign Language Teaching and Research Press
美国经济(英文版)_PPT幻灯片
Proprietorship Partnerships corporations
Types of Businesses
Corporations are very important organization in the US society. They are the pillar and dynamic force.
A fourth development was the emergency of new forms of business organization, notably the bank and the corporation, which facilitated the growth of indussuch fields as: Information technology, computers, space, nuclear energy,
electronics and military products. It is the largest automobile maker of the world. US dollar is used as an international currency. Western economists regard the US as the dynamic and engine
American Economy
“The Wealth of Nations”
Adam Smith
Development of Free Enterprise
The story of American economic growth is a story of people inventing new devices and processes, starting new business and launching new ventures. For each of these endeavors, money is needed. That money is known as capital.
Types of Businesses
Corporations are very important organization in the US society. They are the pillar and dynamic force.
A fourth development was the emergency of new forms of business organization, notably the bank and the corporation, which facilitated the growth of indussuch fields as: Information technology, computers, space, nuclear energy,
electronics and military products. It is the largest automobile maker of the world. US dollar is used as an international currency. Western economists regard the US as the dynamic and engine
American Economy
“The Wealth of Nations”
Adam Smith
Development of Free Enterprise
The story of American economic growth is a story of people inventing new devices and processes, starting new business and launching new ventures. For each of these endeavors, money is needed. That money is known as capital.
美国经济英文版
1. $23 billion during WWⅠ
2. $13 billion more during the 1930s
3. $200 billion more during WWⅡ
4. By 1998 the gross federal debt has reached $ 2 trillion
• 你怎么称呼老师？ • 如果老师最后没有总结一节课的重点的难点，你
是否会认为老师的教学方法需要改进？ • 你所经历的课堂，是讲座式还是讨论式？ • 教师的教鞭 • “不怕太阳晒，也不怕那风雨狂，只怕先生骂我
笨，没有学问无颜见爹娘 ……” • “太阳当空照，花儿对我笑，小鸟说早早早……”
4
American Economy
Байду номын сангаас
2020/12/2
7
American Economy General Survey
Structure of the economy
1. Privately-owned business 2. State-owned business 3. non-profit organizations
2020/12/2
2020/12/2
11
American Economy General Survey
Inflation
Inflation is a general rise in the prices of goods ad services, the real or purchasing power value of money is reduced.
8
American Economy General Survey
structure of the employees 1. self-employed (75%) 2. government workers (21%) 3. employees of nonprofit organizations
美国经济英语PPT..
America’s high-tech industry ranks first in the world and plays an important role in the country ’s economic growth. Such as， computers, engineering, information technology and so on.
The four largest manufacturing industries are: computers and electronic products; chemicals; food, beverage and tobacco; and petroleum products. They account for about 51 % of the U.S. manufacturing GDP.
On Feb 4,1861, Abraham Lincoln took office.( a young man & lawyer in Illinois，began his political career by serving four terms in the state legislature and then one term in the House of Representatives ，He insisted slavery was evil and should be restricted and ultimately abolished ) Challenges Abraham Lincoln faced: 1.priority—keeping the United States one country 2.11 southern states seceded from Federal Union proclaimed an independent nation 3. issued the Emancipation Proclamation (解放宣言), granting freedom to all slaves. 4. On April 14, Lincoln was assassinated by actor John Wilkes Booth. 5. Influence of the Civil War
美国经济英文版
2. US is the world major producer of high-speed computers.
Apple Computer Corporation and
International Business Machines
A(MIBMER) ICAN ECONOMY
INDUSTRIES ------SECTORS
3. over 1/5 of the US work force
AMERICAN ECONOMY INDUSTRIES ------SECTORS
美国经济英文版
High Technology
1. one of the world leaders in the high technology, in the areas of telecommunication, electronics, computer chip research and manufacturing and software development.
美国经济英文版
New York Pittsburgh Chicago Detroit Dallas and Houston Seattle San Francisco and Los Angeles
AMERICAN ECONOMY INDUSTRIES ------CITIES
美国经济英文版
AMERICAN ECONOMY GENERAL SURVEY
美国经济英文版
Structure of the economy 1. Privately-owned business 2. State-owned business 3. non-profit organizations
英语国家-美国概况课件03 American Economy
Detailed Study
II. Natural Resources A. Fertile soil Fertile soil is one of the most important natural resources in the United States. The rich soils of the interior plains produces crops of wheat and corn.
institutions of the U.S. economy. There is very little government ownership of industry. Anyone with an idea and capital is free to start his or her own business. The United States consists of some very large corporations and hundreds of thousands of smaller ones.
2. Why do you think American economy is so successful?
Warm-Up
Discuss the Following Questions
3.What is the proper role of the government in a nation’s economic development?
began in the 1920s. corporate largeness was stimulated by the changes that were occurred in the economy, in particular the mass production of automobiles. ❖ World war also contributed to the trend towards largeness. Large corporations produced the airplanes and tanks used by the United States and its allies in the war. ❖ During the 1960s and 1970s the tend increased, facilitated by a new type of merger called the conglomerate merger.
相关主题
- 1、下载文档前请自行甄别文档内容的完整性，平台不提供额外的编辑、内容补充、找答案等附加服务。
- 2、"仅部分预览"的文档,不可在线预览部分如存在完整性等问题,可反馈申请退款(可完整预览的文档不适用该条件!)。
- 3、如文档侵犯您的权益，请联系客服反馈,我们会尽快为您处理(人工客服工作时间：9:00-18:30)。
Meanwhile the textile industry and heavy industry also developed.
American Economy Industries ------Cities
New York Pittsburgh Chicago Detroit Dallas and Houston Seattle San Francisco and Los Angeles
American Economy Industries ------Sectors
Aviation
1. US has the largest aviation industry in the world.
2. Major aircraft companies:
Boeing, McDonald Douglas
American Economy Industries ------Distribution
Distribution of Industries
1. Northeastern America , the most important industrial region.
New England and Great Lakes
American Economy
Industrial Revolution
“The Wealth of Nations”
Adam Smith
American Economy General Survey
1. The structure of the economy 2. The position in the world 3. Inflation and Deficit
2. it stands by the Ohio River which finally joins the Mississippi River.
3. it has developed a big steel-making industry, and is now the largest producer of iron and steel in the U.S.
Position of the American Economy 1. “superpower” in world affairs 2. dominant position of the dollar
“Bretton Woods System”
布雷顿森林体系/布莱登国际货币制度
American Economy General Survey
structure of the employees 1. self-employed (75%) 2. government workers (21%) 3. employees of nonprofit organizations
(4%)
American Economy General Survey
American Economy General Survey
Structure of the economy
1. Privately-owned business 2. State-owned business 3. non-profit organizations
American Economy General Survey
Adam Smith Alexander Hamilton Early American industries Second development A Third development A fourth development New era for the United States
Bretton Woods System 1. most major currencies are pegged to the US dollar 2. the dominant position of the dollar was formally
established in the Bretton Wood system which was held in 1945 at Bretton Woods in New Hampshire and attended by 45 countries. 3. The conference also set up the IMF (International Monetary Fund), the World Bank, and GATT( the General Agreement on Tariffs and Trade), later known as WTO, it is a world trading system.
3. Space shuttles still lead the world’s space navigations.
American Economy Industries ------Sectors
Car Industry
1. “Big Three” motor vehicle companies
Industries
American Economy Industries ------Sectors
1. Manufacturing 2. High Technology 3. Heavy Industry 4. Aviation 5. Car Industry
American Economy Industries ------Sectors
American Economy Industries ------Cities
New York
1. the largest city
2. the largest seaport
American Economy Industries ------Cities
Pittsburgh
1. another important industrial city in Pennsylvania
Manufring industry is the largest in the world, almost 3 times the size of Japan.
1. one quarter of GNP
2. one quarter of the national income
American Economy General Survey
Inflation Inflation is a general rise in the prices
of goods ad services, the real or purchasing power value of money is reduced. E.g. Three dollars are necessary today to buy what two dollars bought yesterday.
“ Ford” “General Motors ( GM) ” and “ Chrysler”
2. large, spacious and high-powered
3. the influx of Japanese cars and spare parts is the main cause of America’s $60 billion trade deficit with Japan.
American Economy General Survey
Deficit
American economy is deficit financing.
1. $23 billion during WWⅠ
2. $13 billion more during the 1930s
3. $200 billion more during WWⅡ
3. over 1/5 of the US work force
American Economy Industries ------Sectors
High Technology
1. one of the world leaders in the high technology, in the areas of telecommunication, electronics, computer chip research and manufacturing and software development.
2. The South was traditionally an agricultural region because of its favorable climate for crops.
The South developed its oil-refining and Petrochemical industry.
Heavy Industry
Heavy industry around the Great Lakes depends heavily upon 3 resources.
1. iron ore from the Lake Superior
2. coal supply from the Allegheny hills of western Pennsylvania
3. largest food-processing center
4. famous for its clothing industry.
American Economy Industries ------Cities
Detroit
1. the world’s car capital
3. coal supply from west Virginia
cheap water transportation provided by the Great Lakes and rivers.