United States Economy

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by jmonee18
Last updated 6 years ago

Social Studies

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United States Economy

Unemployment Rates

The US's most abundant resources include, grains, fruit, vegetables, forest supplies and metals.


Major imports include oil, vehicles, lead, and medical equipment.Major exports include electronic equipment, automobiles, cotton, and precious metals.

Farming: 0.7%Manufacturing: 20.3%Professional: 37.3%Sales and Office: 24.3%Other Services: 17.4%

Labor Force by Occupation

The United States is considered a capitalist economy because most of the economic decisions are made by private individuals and business firms for profit. This is also known as a market economy.

Type of Economy

Unemployment Rate in 2013: 7.4%Unemplyment Rate in 2014: 6.2%Poverty Rate in 2013:14.3%

United States Economy Joe Miller


Three branches of government: Legislative, Judicial, and Executive.Leaders are elected by the voting process.


Long term economic problems include, rapidly rising medical and pension costs of an aging population, energy shortages, and budget deficits.

Economic Problems

Electronics, food processing, consumer goods, lumber, mining.

Major Industries


  • 60decae9113c760decae92d814 10 days ago

    60decae9113c760decae92d814's avatar

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