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The driving force of the American economy and what makes it unique is its financial industry. Credit cards, mortgages, auto loans etc allow Americans to get what they want sooner than those in other countries who save. I personally think that this is not a very good thing but at the moment the financial industry is driving the american economy.
What else can I help you with?
What impact does the tailwind of a strong economy have on stock prices?
A strong economy typically leads to higher corporate profits, which can boost stock prices. This is because companies tend to perform better in a growing economy, attracting more investors and driving up stock prices.
What is 800 US dollars in strling pounds?
4 Strling pounds, this economy is in the dump!!!!
What does not describe the selling of US treasury bonds by the federal reserve?
It releases new money into economy
How does the European debt crisis affect the US?
The European debt crisis can impact the US economy through various channels, including trade and financial markets. As European economies struggle, demand for US exports may decline, leading to slower economic growth in the US. Additionally, turmoil in European financial markets can create volatility in global markets, affecting US investments and financial institutions. Overall, economic instability in Europe can lead to decreased investor confidence, which may further impact the US economy.
Which types of businesses dominate the US economy today?
The US economy is dominated by several types of industries. The following is a list of many important ones: A. The defense industry; B. The high technology industry; C. The energy industry; D. The livestock and farming industries; and E. The commercial aircraft industry.
What is the driving force in the us economy?
none
What was the driving force of the US economy in the year 1903?
After just completing an ENGG paper on the Impact of the Automobile, I would say that the driving force of the US economy in 1903 was the beginning of The Ford Motor Company. Ford started in 1903 and the Model T was produced in 1908. The Model T sold 15,000,000 vehicles.
Why are entrepreneurs considered the driving force in an economy?
They start new businesses.
What is the driving force behind the circular flow of the market economy?
Money
The driving force of the colonial New England economy became?
maritime trade and those engaged in it.
Who are the driving force in the US automobile industry?
Women
What does it mean to say the US has a service economy in what other ways has the americcan labor force changed?
pizza
What is the force maintained between War and Peace?
The main force or characteristics maintained is that of Human Bonds & Bondage driving in through 'us the people'.
How is competition a driving force in society?
Competition would be the driving force of exclusion
Which principle of joint operations is to concentrate the effects of combat power at the most advantageous place and time to produce decisive results?
economy of force
What action of the Aztecs reveal the important of trade to their economy?
The sacrifice of war captives was an important part of many of the Aztec religious festivals. Warfare was thus the main driving force of both the Aztec economy and religion.
What is city fuel economy?
Fuel economy that is achieved in primarily city driving
