Next-Gen

Economic Goals for the USA

In Glogpedia

by angelamorreale
Last updated 1 year ago

Discipline:
Social Studies
Subject:
Economics

Test Glog

Economic Goals for the U.S.A. By: Angela Morreale

The United States has done well in this category so far. The National Strategy for Global Supply Chain Security focuses on the worldwide network of transportation, postal, and shipping pathways, assets, and infrastructures. These include communications and information infrastructures. It provides guidance in terms of strategy to departments and agencies within the U.S. government and finds out how we can build on cooperation with all stakeholders such as other governments and the private sector. This can be put in jepoardy by adversaries including terrorists and criminals. The government can improve national security by making more thorough checks when it comes to businesses, entrepreneurs, etc.

Economic Security

Economic Growth

The U.S. economy expanded an annualized 0.7% on quarter in the last three months of 2015 according to the Bureau of Economic Analysis. The increase in real GDP in the 4th quarter showed positive contributions from PCE, residential fixed investment, and federal government spending. Negative contributions came from private inventory investment, exports, and nonresidential fixed investment. Imports increased and GDP Growth Rate in the United States averaged 3.24% from 1947 until 2015.

Price Stability

Price stability is an important part of monetary policy. When inflation is high, it interferes with the smooth operation of the economy. Once expectations have been set, bringing inflation back down is hard. On January 25, 2012, the Federal Open Market Committee said that its goal for inflation is a 2% average rate. This policy, will likely strengthen the Fed's credibility and ability to keep stable prices, maximum employment, and moderate long-term interest rates.


Comments

    There are no comments for this Glog.