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Because they were already producing war materials in a big way and they had plenty of time to plan the transition.

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What percentage of the US economy do services make up?

Services make up around 80 of the US economy.


Why would the us economy falter if there was no opportunity to make a profit?

it would not be in operation


Why was the US able to adjust its economy from wartime to peacetime a lot easier then other countries?

The U.S. was able to transition from a wartime to a peacetime economy more smoothly than other countries due to its vast industrial capacity and resource availability, which allowed for a quick shift to consumer goods production. Additionally, the post-war economic policies, such as the GI Bill, stimulated demand and supported returning veterans. The U.S. also benefited from a relatively intact infrastructure and a stable political environment compared to war-torn nations, facilitating economic recovery and growth. This unique combination of factors enabled a rapid and effective adjustment to peacetime economic conditions.


What are the major sectors that make up the US economy?

international household business government


Is US a traditional command or mixed economy?

Actually the United States is a Market Economy. Some people also call it free enterprise or a capitalism. The US could also be a mixed economy because the government also owns some things like railroads and some businesses but it is more of a Market Economy. This is where you make choices on what you want to make, how much you want it to cost, you are free to do anything without little government interference. A traditional economy is quite old now, this is where you trade or barter than actually paying anything. A command economy is where the government tells you what to make, how much it will cost, and you have to deal with the government more. A mixed economy is where there is a mixture of economic systems. To make it more plainer - The US could be either a Market or Mixed Economy but is more of a Market Economy!! Hopes this helps :D

Related Questions

What percentage of the US economy do services make up?

Services make up around 80 of the US economy.


How often has the US had a peacetime draft?

I'm not an American, but my understanding was the US can NOT have a peacetime draft due to something in the Constitution. Knowledgable Americans,please augment this.


What happened after wwll the US was better able than its allies to adjust its economy from wartime to peacetime because the US suffered no...?

This is a statement and not really a question. It also requires you to give a critical thinking answer and is homework. We don’t do homework and you need to answer it.


After World War 2 the US was better able than its allies to adjust its economy from wartime to peacetime because the US?

The US sold war bonds during the war. also because of Lend lease and Cash and Carry acts that were established during the war.


What do oil spills do to the economy?

they make us spend the money that our economy gained to clean it up.


Services make up about what percentage of the US economy?

75


Will Chrysler and gm make small economy cars in the us?

Yes


When Congress boosted defense spendin and created the first peacetime in what US history?

Draft


In Which important event brought about the first peacetime draft in the US?

Word War II


What are the effects of the Wilson Gorman tariff 1894?

The first peacetime US income tax.


Name of the US first peacetime alliance?

NATO ( North Atlantic Treaty Organization)


What energy is transformation in a nuclear power plant?

they only make food for us, not a cycle, so non-living