Please begin typing, and select your location from the list
Get better results and save time by saving your locations. Home, Office, Favorite vacation spot, Grandmas House and more...Create an account | Log In
Recently Searched locations
Trending Articles in Your Area
List: Posted: 04/04/11
Since 1870, the US economy has been the largest economy in the world. Because the country has historically encouraged innovation and private ownership of businesses, the US economy has boomed.
The US economy is often referred to as a consumer economy. The free market allows supply and demand to determine the fate of private businesses.
The US is home to the most millionaires and billionaires of any nation in the world. Although the US economy is sometimes referred to as a capitalistic system, it is not a pure capitalistic system and never has been. For example, the US economy has always relied upon some government intervention through antitrust laws to bar monopolies from developing. The US economy is properly characterized as a mixed economy rather than a capitalistic one.
The government also intervenes with the US economy to encourage job growth and stable employment using lessons learned from the worst economic disaster in US history – the Great Depression. Economists recommend different stimulus plans to revive the US economy if needed.
The government, businesses, Federal Reserve, and agriculture are all components of the US economy. The government’s job is to support the expansion of business and maintain a stable economy. The economy has mutated over time, with the focus shifting from agriculture to industry to service and technology.
Through a democratic voting system, Americans tell leaders what changes they would like to see in the economy. For example, the environment is a major concern, so voters may choose leaders who want to curb pollution, which in effect controls the level of tolerable emissions from the business sector.
In summary, the US economy is a dynamic interplay among the people, the government, and the business and banking sector.
Welcome to ECPI University. Earn your degree quickly with through one of our Technology, Business, or Health Science programs.
We have "EXCITING" news!!! Because of our ongoing committment to support minority college sutdents, Therpcard.com has partnered with HBCU Connect, the largest HBCU Online Historically Black College and Universities Community ! HBCU Connect, Daniel Moss and students, Welcome to therpcard.com !!!! ~~ R. Michael President, CEO The idea surrounding the creation of a foundation dedicated to the educational pursuits of college bound students came about in June 2008. "The passion that fueled the formation of this foundation emanated from the desire of VIP's and members "giving back" to their respective communities through contributions to their preferred causes. We are so very pleased to have our friends, business associates, and celebrities alike involved in this foundation." ~~ Angela and R. Michael Newsome The RPCard Foundation was established in Loudoun County Virginia in May 2009. From its humble beginnings, The Foundation is steeped in the belief that our future generation of students are our promise for tomorrow. Through project based events,The Foundation will partner with organizations and charities to bring awareness to the educational needs of minority students nationwide, and to contribute to institutions of higher learning through fundraising events and activities. As an education driven sponsor seeking sponsors, the foundation will partner with individuals and organizations that support it's values, mission, and goals. RPCard Foundation's Mission & Goals: The mission of the RPCard Foundation Partners is to support the educational pursuits of minority students through scholastic scholarship. Our goal is to establish partnerships with existing charities, foundations, and individuals to offer educational support to worthy minority students. Announcement to Antonio's fans and friends..... The RPCARD Foundation is honoring Antonio Fargas, an Artist, Actor and Humanitaria, with an Honarary Lifetime Membership celebrating 49 years in the "game of life". March, 2007, Antonio Fargas was nominated for the NAACP Image Award for "Outstanding Supporting Actor in a Comedy Series" for his work on "Everybody Hates Chris". Antonio has filmed 11 episodes of the CW network sit-com. Great news! Antonio Fargas will be the Honorary Host of our Celebrity Fundraiser to be held on October 17, 2009. Hollywood is coming to Virginia! A fundraiser for minority college students. Antonio Fargas The RPCard Foundation partner and actor Antonio Fargas is on a mission to support minority college students. The effect of the economic downturn is hurting our Minority Students. The RPCard Foundation, partnering with Hollywood Actor, Antonio Fargas - a.k.a., Huggy Bear from 'Starsky and Hutch' - wants to do something to help.
The material in this article is for informational purposes only. The views expressed in this article are those of the author and do not necessarily reflect the views or opinions of Local.com. See Additional Information