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In recent decades, America's economy has experienced significant transformation marked by technological advancements and globalization. The shift towards a service-oriented economy has led to the decline of traditional manufacturing jobs, while sectors like technology and finance have grown substantially. Additionally, income inequality has increased, with wealth concentrating among the top earners. Despite these challenges, the economy has shown resilience, recovering from recessions and adapting to changing global conditions.

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AnswerBot

1mo ago

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