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\nThe Monolithic Economy of The U.S.A\n

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\n\nPublisher:\n\nEconomics Explained\n\n\n
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\nThe United States of America, the wealthiest, most powerful nation on the planet by a very respectable margin. The sheer scale of the united states wealth and influence is really really hard to fathom, even for macro-economists, sure...\nThe United States of America, the wealthiest, most powerful nation on the planet by a very respectable margin. The sheer scale of the united states wealth and influence is really really hard to fathom, even for macro-economists, sure there are GDP figures, trade balances and labor force figures, but they are best for telling the story of a normal national economy, and the United States are far from that, its consumer retail sector is bigger than all but 9 of the largest national economies in the world, California, one of its states has a bigger GDP figure than the united kingdom and the US has fifty states.

The U.S. economy goes beyond this though, it is the foundation for the world economy in the 20th and 21st centuries, and this influence isn’t caused by something so old fashioned as an empire, but rather industry. Today US companies can be seen dominating industries in economies all over the world, and at the same time, foreign companies from Europe and Asia fight endlessly to break into the US market, the largest and most influential consumer market in the world.

The U.S. economy is too large with too many facets to explore in a single video, so this will be made as a video series but for now, in this video, I want to explore how the United States of America got to where it is today.\n
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Resource Details

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Educator Rating
Not yet Rated
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Media Length
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10:28
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Grade
9th - Higher Ed
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Subjects
Social Studies & History
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Media Type
Instructional Videos
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Source:
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\nEconomics Explained\n\n
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Date
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2019
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Concepts

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economics, john adams, independence, countries, economy, wealth, leadership, washington, business, america, industry, time
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the economy of united states, the economics of united states, the economy of united states explained, the economics of united states explained, united states economics explained, economics explained united states, united states economy explained, united states economy, united states economy economics explained, united states economics, how united states economy works, usa economics, the economics of the usa, usa economics explained, economics explained, founding fathers, industrial revolution, free speech, social mobility, american system, united states, vice president, good democracy, world today, today, good, world, large, video, president, part, monarch, country, nation
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Best For: Explaining a topic
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