Future of the U.S. Essay - 1882 Words

Future of the U.S. America has always been viewed as the richest and freest nation in the world. America has grown from thirteen self-governed states, to a nation with a strong central government of power and wealth. The change in society has allowed the U.S. to grow into what it is today. Without the change in views and the responsibility of the citizens the economy would have never grown to be strong and wealth. The nation is effected by many different variables. One variable effects the other. The nation was started and has progressed to where it is today, but with rises and downfalls in all areas of life from education and small families to economics and large businesses. America’s economy is the most successful economy the†¦show more content†¦Each citizen has a responsibility to aid in the world economy. One can do this in several different ways. The first and easiest way is by purchasing products from both Americas industries and from foreign industries. This will enable money to circulate in America and it will also aid in the sales of imports and exports. America needs to take the lead in the global economy by negotiating trade agreements that help the poor in Mexico and other nations join the consumer class(3). Brown suggests that America look for trade agreements that will put people first and not money-centered agreements. This she says will be a trade policy for the future and not the past. Taxes are another very important part of America’s economy. If citizens do not pay there taxes then the government will not be funded and the economy will falter. The public has the main responsibility to keeping the economy strong; with out them there would not be one. We could have all of the trade agreements in the world but without the public to support them they would be useless. The future of the economy is still going strong but one has not seen the great strides in advancement, as was the case from 1983 to 1993(economy). Per capita personal income for the Nation is projected to increase 1.2 percent per year in 1993-2005, compared with a 1.4 percent increase per year in 1983-93. The growth rate slows as a result of the relationship between personalShow MoreRelatedThe Future Of The U.s. Economy894 Words   |  4 PagesThe Future of the U.S. Economy What lies ahead for the U.S. economy is uncertain and is leaving the minds of people in dismay as to how will they survive in their near future. The U.S. has not had a positive balance of trade since 1976. That means since 1976 other countries have been exporting goods and services to us and we have been exporting our currency to them in return. This trade-off has actually been mutually beneficial (to an extent). The U.S. dollar has helped other countries stabilizeRead MoreFuture Of The U.s. 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