unit2美国经济.pptVIP

Section Five National Economy General introduction Historically, the U.S. economy has maintained a stable overall GDP growth rate, a low unemployment rate, and high levels of research and capital investment funded by both national and, because of decreasing saving rates, increasingly by foreign investors. It has been the worlds largest national economy since 1944 and remains the worlds largest manufacturer, representing 19% of the worlds manufacturing output. About 30% of the entire worlds millionaire population reside in the US (in 2009). Furthermore, 40% of the worlds billionaires are American. The US is also home to the worlds largest stock exchange, the New York Stock Exchange. The United States is also home to 139 of the worlds 500 largest companies, which is almost twice that of any other country. The US dollar holds about 60% of world reserves, as compared to its top competitor, the euro, which controls about 24%. Since the 1960s, the US economy absorbed savings from the rest of the world. The US is by far the most heavily invested-into country in the world. The US is also by far the largest investor in the world, with US investments in foreign countries totaling over $3.3 trillion, which is almost twice that of any other country. America’s leading role The largest industrial country First in many advanced fields Major buyer and seller Largest manufacturer of automobiles Leading producer of machinery, oil, electrical energy, chemicals and farm products The US currency is used as international currency the factors contributing to the development of American economy Geographical location large resources skilled cheap labor provided by immigrants Strongest power Foreign policy democracy and equality Other factors: basic values Economic System of the US capitalist market economy definition：Everyone is free to start a business for the purpose of making a profit. The central feature of the U.S. economy is the economic freedom afforde