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Outline of the U S Economy (2009) Summary:Michael Jay Friedman, Bruce Odessey (Editors) Publisher: Bureau of International Information Programs, Published: September 24, 2009 Pages 134STAFF Editor in Chief: Michael Jay Friedman Managing Editor: Bruce Odessey Design: David Hamill Graphs: Vincent Hughes Photo editor: Maggie Sliker FRONT COVER: top illustration © Dave Cutler / Stock Illustration Source bottom illustration Jane Sterrett / Stock Illustration Source ABOUT THE AUTHOR This edition of Outline of the U.S. Economy has been completely revised by Peter Behr, a former business editor and reporter for the Washington Post. It updates several previous editions that were issued first by the U.S. Information Agency and then by the U.S. Department of State beginning in 1981. The U.S. economy of the 21st century little resembles that of the 18th century, but acceptance of change and embrace of competition remain unchanged. Contents: Outline of the U S Economy (2009) Front Cover Inside Cover Credits Copyright Title Page Table of Contents CHAPTER 1: The Challenges of this Century Times Square in New York City Inauguration Train CHAPTER 2: The Evolution of the U.S. Economy Salem,Massachusetts, in New England Harper’s Weekly published scenes of U.S. farm life in the 1860s The Richest Man in the World Unlocking the Internet Starbucks has spread far and wide to nearly 50 countries since itsfirst store opened in Seattle in 1971. CHAPTER 3: What the U.S. Economy Produces Robotic welders operate an auto van assembly line in Baltimore, Maryland. Retailing’s Competitive Battlefield CHAPTER 4: Competition and the American Culture Small businesses, such as thisrestaurant in Kansas, account for a vast majority of U.S. job creation. Microsoftfounder and billionaire Bill Gates CHAPTER 5: Geography and Infrastructure The Jones & Laughlin Steel Companyplant along the Ohio River in Aliquippa, Pennsylvania, in 1938, operated near Pittsburgh. Pittsburgh, Pennsylvania, became a steelmaking center at the confluence ofrivers, coal beds, and rail. CHAPTER 6: Government and the Economy In 2009 the FederalReserve was poised to gain even more power for regulating financial institutions. Rachel Carson, a government scientist, raised concerns about pesticide usethat led to government environmental regulation The Changing Union Movement CHAPTER 7: A U.S. Economy Linked to the World The foreign exchange value of the U.S. dollar alternatively plunged and soared in the globalfinancial crisis that began in 2008. Rising imports from Asia such as these cargo containers unloaded in Tacoma,Washington, created political tension in the United States A Lesson in Creative Destruction CHAPTER 8: A New Chapter in America’s Economic Story The numbers for the U.S.economy started turning down even before the 2008 global crisis. President Barack Obama, shown with former Federal Reserve Chairman PaulVolcker, faces the greatest economic challenges in a generation while working with aCongress that is sharply divided politically Back Cover password: R20091017 Please select one mirror to download
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