美国经济(英文版)ppt
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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(英文版).ppt
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.
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
讲述关于美国经济大萧条英语课presentation幻灯片
• 股票市场崩溃是一场灾难深重的经济危机爆 发的火山口。
Black Tuesday
Causes
• Demand-driven Keynesian Breakdown of international trade Debt deflation • Monetarist • New classical approach • Austrian School • Inequality • Productivity shock
Start of the Great Depression 1
• The depression originated in the U.S., starting with the fall in stock prices that began around September 4, 1929 and became worldwide news with the stock market crash of October 29, 1929 (known as Black Tuesday). From there, it quickly spread to almost every country in the world.
– Women were fired from teaching jobs if they got married – This practice continued into the 40’s
Hale Waihona Puke Children in the Depression
• Malnutrition in NYC rose from 18% in 1928 to 60% in 1931 • Milk consumption was dropping in many states • Child welfare was one of the first to be cut in many states as the Depression got worse • Schools shut their doors because children were looking for jobs
Black Tuesday
Causes
• Demand-driven Keynesian Breakdown of international trade Debt deflation • Monetarist • New classical approach • Austrian School • Inequality • Productivity shock
Start of the Great Depression 1
• The depression originated in the U.S., starting with the fall in stock prices that began around September 4, 1929 and became worldwide news with the stock market crash of October 29, 1929 (known as Black Tuesday). From there, it quickly spread to almost every country in the world.
– Women were fired from teaching jobs if they got married – This practice continued into the 40’s
Hale Waihona Puke Children in the Depression
• Malnutrition in NYC rose from 18% in 1928 to 60% in 1931 • Milk consumption was dropping in many states • Child welfare was one of the first to be cut in many states as the Depression got worse • Schools shut their doors because children were looking for jobs
精编american politics and economy lecture-michael美国的经济、政治介绍ppt课件(英文
Signed July 4, 1776
QuickTime?an d a decompress or
are neede d to se e this picture.
From Federalist 10
AMONG the numerous advantages promised by a well constructed Union, none deserves to be more accurately developed than its tendency to break and control the violence of faction…The instability, injustice, and confusion introduced into the public councils, have, in truth, been the mortal diseases under which popular governments have everywhere perished…
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…
QuickTime?an d a decompress or
are neede d to se e this picture.
From Federalist 10
AMONG the numerous advantages promised by a well constructed Union, none deserves to be more accurately developed than its tendency to break and control the violence of faction…The instability, injustice, and confusion introduced into the public councils, have, in truth, been the mortal diseases under which popular governments have everywhere perished…
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…
英语国家概况美国经济
Ⅰ General Introduction
❖US—the current industrial, economic and technological giant
▪ ranking first in computer technology, space technology, nuclear energy, and electronics, etc.;
❖Other colonies—like Virginia and Pennsylvania, founded as business ventures
▪ contribution to England’s colonizing process of the would-be United States
Delaware—shipped crops and furs; ▪ The field was open for entrepreneurs (企业家、
创业者) among the colonists to establish themselves.
1. The Colonial Period
❖Disputes over taxation and other matters with Britain:
➢ How did the Civil War affect the American economy?
➢ Why does America try to reduce trade barriers?
Contents Ⅰ General Introduction Ⅱ History of American Economy Ⅲ Current American Economy
• anti-trust laws
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.
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.
美国经济大萧条英文版课件
Trade Policies
Protectionist trade policies during the 1920s created target barriers that hidden global trade, leading to a decrease in demand for US exports
Other solutions
International trade policies
Some countries implemented protectionist trade policies to protect their domestic industries This was done through tarriffs and quotas on imported
Socy and hard ship
The Great Depression led to widespread poverty and hard ship, with many families struggling to meet their basic needs
International discussions
Impact on world economy The Great Depression has a significant impact on the global economy, leading to a decrease in trade and investment
Policy reasons
Regulatory Failure
The laissez fair economic policies of the time did not provide sufficient regulation of the financial sector, allowing for exceptional calculation and risk investment practices
Protectionist trade policies during the 1920s created target barriers that hidden global trade, leading to a decrease in demand for US exports
Other solutions
International trade policies
Some countries implemented protectionist trade policies to protect their domestic industries This was done through tarriffs and quotas on imported
Socy and hard ship
The Great Depression led to widespread poverty and hard ship, with many families struggling to meet their basic needs
International discussions
Impact on world economy The Great Depression has a significant impact on the global economy, leading to a decrease in trade and investment
Policy reasons
Regulatory Failure
The laissez fair economic policies of the time did not provide sufficient regulation of the financial sector, allowing for exceptional calculation and risk investment practices
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
美国概况 英文版 第三章 美国经济
A Survey of USA:
-----
American Economy
Prof. Niangen Huang
American Economy
1. What is a market economy? What a role does the federal government play in economy? 2. How does the Federal Reserve influence the volume of bank lending? And what is open-market operation? 3. What is bond? Who can issue bonds in the United States? 4. What is inflation? When an inflation comes what will happen? 5. Why does America have such a large deficit? How do you comment on the U. S. Policy of deficit financing?
With perhaps half of 1% of the world agricultural labor force, the United States produces nearly 20% of the grains, including 50% of the corn (maize), grown in the world. It ranks first, second, or third in the production of corn, wheat, soybeans, oranges, meats, milk, apples, oats, cotton, tobacco, peanuts, and edible vegetable oils.
-----
American Economy
Prof. Niangen Huang
American Economy
1. What is a market economy? What a role does the federal government play in economy? 2. How does the Federal Reserve influence the volume of bank lending? And what is open-market operation? 3. What is bond? Who can issue bonds in the United States? 4. What is inflation? When an inflation comes what will happen? 5. Why does America have such a large deficit? How do you comment on the U. S. Policy of deficit financing?
With perhaps half of 1% of the world agricultural labor force, the United States produces nearly 20% of the grains, including 50% of the corn (maize), grown in the world. It ranks first, second, or third in the production of corn, wheat, soybeans, oranges, meats, milk, apples, oats, cotton, tobacco, peanuts, and edible vegetable oils.
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.
英语国家概况美国经济
▪ charter companies ▪ King provided a charter or grant conferring
economic rights as well as political and judicial authority
1. The Colonial Period
Mayflower, the ship that carried the Pilgrims from England to Plymouth, Massachusetts, where they established the first permanent New England colony in 1620.
In 1862, the first Pacific railroad was chartered.
In 1863 and 1864, a national bank code (银行 代码) was drafted.
2. Since American Independence
❖Northern victory in the Civil War—ensured the destiny of the nation and its economic system
with foreign nations and among the states, establish uniform bankruptcy laws, create money and regulate its value, fix standards of weights and measures, establish post offices and roads, and fix rules governing patents (专利权、专利品) and copyrights. ▪ “intellectual property”
economic rights as well as political and judicial authority
1. The Colonial Period
Mayflower, the ship that carried the Pilgrims from England to Plymouth, Massachusetts, where they established the first permanent New England colony in 1620.
In 1862, the first Pacific railroad was chartered.
In 1863 and 1864, a national bank code (银行 代码) was drafted.
2. Since American Independence
❖Northern victory in the Civil War—ensured the destiny of the nation and its economic system
with foreign nations and among the states, establish uniform bankruptcy laws, create money and regulate its value, fix standards of weights and measures, establish post offices and roads, and fix rules governing patents (专利权、专利品) and copyrights. ▪ “intellectual property”
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
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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.
1. Sectors of American Industries 2. Distribution of industries 3. Major Industrial Cities 4. Factors of the Development of
Industries
-
American Economy Industries ------Sectors 1. Manufacturing 2. High Technology 3. Heavy Industry 4. Aviation 5. Car Industry
-
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
Adam Smith Alexander Hamilton Early American industries Second development A Third development A fourth development New era for the United States
-
American Economy Industries ------Sectors
Manufacturing
The US manufacturing industry is the largest in the world, almost 3 times the size of Japan.
1. one quaan Economy General Survey
Structure of the economy
1. Privately-owned business 2. State-owned business 3. non-profit organizations
-
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
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
-
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
-
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. one quarter of the national income
-
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.
1. Sectors of American Industries 2. Distribution of industries 3. Major Industrial Cities 4. Factors of the Development of
Industries
-
American Economy Industries ------Sectors 1. Manufacturing 2. High Technology 3. Heavy Industry 4. Aviation 5. Car Industry
-
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
Adam Smith Alexander Hamilton Early American industries Second development A Third development A fourth development New era for the United States
-
American Economy Industries ------Sectors
Manufacturing
The US manufacturing industry is the largest in the world, almost 3 times the size of Japan.
1. one quaan Economy General Survey
Structure of the economy
1. Privately-owned business 2. State-owned business 3. non-profit organizations
-
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
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
-
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
-
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. one quarter of the national income