An overview of US economy

America An overview of US economy The economy is the most important indicator to judge the internal living conditions and social development of any country. It provides information about the development of basic factors like health, education, happiness, infrastructure, living standard, etc. United States is one of the largest economies that has gained huge level of hold on the world economy and controls the world economy through its internal situation. The very interesting fact about the Americas economic growth is that Americas GDP is 26 % of the worlds total economic output. It is clear that US has created its powerful industrial structure and per capita income is also appreciable inside the country. The industrial development is tremendous, and the country has worlds maximum number of a billionaire. Currently per capital GDP of US is $49,800 which is very high. Further, the role of technology within the US economy is also remarkable. Technologically the US has seen highest advancement and development that is suff icient enough to grow the economy as compare to other countries. The external economic factors put the positive impact at each another and lead towards the growth of the economy and the internal economic environment. The US economy is mostly based upon the capitalist economy structure, and the ideology suggests that the privatization is the basis of growth and development of countrys economy. The government has their intervention into only health sector and transportation area. The country has maximum number of private companies who are successful and have earned huge profits all across the world. Even the government buys the required products from private companies. This economic ideology is highly success in US and ensures the proper flow of income and effective utilization of natural resources. The decision making is in the hands of private firms in the US. Here the private companies faced the high level of leverage of such kind of economic structure in expanding their business a nd taking the decisions appropriately. The technological areas have brought down the revolution in entire world and America has become the pioneer of such advancements. The aerospace, computers, communication and information technology, medical, military, etc. these are certain areas where US have surpassed all other countries and have effectively contributed well into economic development. These sectors have become the foundation of countrys rapid growth in oversees as they expand their business and fulfill their needs. IN 90s US has transformed their entire economy as the industrial set up was on the peak and the companies were performing well at international level. While 90s the growth rate was extremely high as the economy grew by 3 4 percent every year. The residents of the country get their own home that was the positive indicator for US economy. After 1975, the household income has been increased by 20 %, and it is something that creates confidence among the people towards the US economy. But another fact is that the people who had less technical skills and educational qualifications they face trouble in establishing their growth in the era of technology. They found obstacles in facing pay rises and other benefits at work place. It determines the unequal distribution of wealth and employment opportunities. At the same time, the US economy has faced huge level of growth in literacy ratio. To meet out the requirement of technology people started to get educated and it just raises the level of employment within the country. Thus, the technology works positively in the long run and negatively in the short run. But its negative consequences are negligible as compare to the positive results. Unequal distribution of wealth is another factor that could be realized in US economy over the recent past or industrial development time. Th e people who dont have good education the employment opportunities are less for them, and it created less earning opportunities. Now the contribution or the role of oil is very significant in US economy. It is to acknowledge that 55 % of total consumption is the oil only. The America imports such huge amount of crude oil for the consumption of residents. The rise in the prices of oil just create a burden on US economy and reduce the GDP growth rate. During 2001 to 2008 the petrol prices were not so stable, and it just create trouble for US economy to handle the situation. At the same time, the financial crisis took place in the entire world and America faced two major problems. One was dampening the housing market, and other was related to the rise in oil prices. It just created the trade deficit and most importantly the value of the dollar was depreciated as compare to other currencies. The fluctuations become very common scenario, and it creates trouble in handling the economic st ructure. Another problem that America started to face is related to high import ratio as compare to export. The US has plenty of natural resources, but most of them have been utilizing for inside consumption. There was very less export, and it just stuck the internal flow of money and capital. The infrastructural development was on the peak that is another indicator for healthy economic structure. Still the infrastructure development of US is appreciable and increasing year on year. The bankruptcy of banks like Lehman Brothers was the worst era for US economy where they found trouble in managing the mortgage prices, investment failures, credit failures and so on. At that time, US faced a high level of issues with respect to their economic structure. The reason behind the economic recession is the socially huge spending habits of people and low saving ratio. It was the actual scenario of US that people earn less, but they spent more than their earning. For the same purpose, banks issued more number of loans, and the amount was so high thus it creates the negative flow of money within the economy and it just lead towards the economic recession. Other than this the expenditure upon the security of the country from outside attack is something that has affected the US economy negatively. The country spent billion dollars every year to protect their territory or boundary. Developing the military equipment and weapons has become a priority of US government, and it just affects the US economy negatively. Various plans have been implemented with respect to ensuring the low level of the trade deficit. The fiscal stimulus for the amount of 787 billion dollars was something that was passed by the president to be used for social welfare and economic structure repairing process. It helped in generating the job, revenue for the country through various processes. The economic structure come into trouble as the US government put their leg into wars with Iraq and Afghanistan and were in search of terrorist groups and their leaders. It also affects the GDP growth rate in recent past. The impact of terrorist attack took place at world trade center could be realized after a long period. The US government faced lots of issues with Iraq and Afghanistan in resolving the problems. It has been estimated that by the 2011, the total cost for wars was near to 900 billion dollars which are very huge amount from economic growth perspectives. Improving the health care se ctor is another prioritized area for concern for US government. To stabilize the US economy and to pass the benefits of American citizens, the government has put various efforts. However in future there are certain problems which could be faced by the US government like lower income people, unemployment, low saving ratio, rapid increment in the pension and medical cost of old age population, energy-related issues, problematic relations with other countries, pressure to create employment, budget deficits etc. Very latest economic data represent the consumer price index at stabilized rate of .2 whereas the unemployment rate is 5.5 percent. Further, the GDP rate is also increasing with an increasing rate and has been reached to 16.77 trillion US dollar. Currently, the US government needs to improve their international relations and have to focus on basic economic components or sectors. They need to grow the agriculture sector and need to increase their export ratio of natural resources. The infrastructure development is required to be maintained within the national economy. Funding to an international organization is required so that the interest could be received, and this long term investment can strengthen the base of US economy. Ahead the openness within the economy is required to be minimized so that the benefits of selling goods internally could be transferred to local manufacturing firms. Other than expenditure on war and acquiring the weapons there is need of spending on social welf are and creating the investment opportunities. The US economy is still very powerful and highly diverse economy, and they have control on worlds economy. The private companies of US have created their reign all over the world and have put a hold on worlds industrial development. They need to perform well on the continuity basis and need to contribute for national welfare rather than individual growth and development. Thus, the US economy has brighter future if the government removes their attention from wars or spending on manufacturing military equipment and spending excessively on security matters.

Human behavior in prompting research paper Essay

Human behavior in prompting research paper - Essay Example In order to help the learners to fully understand the concepts they are exposed to, these procedures are used by teachers among other practitioners through different forms of prompts (Milton and Mullan 23). The application of the procedures in a systematic fashion ensures that learners with ASD get the required skills. According to Liberman et al 46, prompts are adopted by teachers, parents, and coworkers as a way of showing others how to acquire a particular skill. For example, a supervisor who aims at improving the performance of his workers will need to explain to the new worker on how to access documents from the computer network. The supervisor can use the main computer to demonstrate to the workers on the steps to follow in order to access all the information in other computers within the department. Similarly a sales person may explain to a customer on how to use a mobile phone while at the same time demonstrating how its features work (Stark et al 23). In verbal prompts, teac hers make statements that ensure that learners achieve their targets. For example, learners can be asked to write their names or be asked to try doing something in a different way (Abraham and Michie 36). Gestural prompt is whereby a practitioner or a teacher makes a movement for example by pointing or nodding that makes the learners to learn a particular skill or behavior. For example, a learner may be shown at the top of the paper where he or she is supposed to write his or her name. Another example of gestural prompt is where a teacher taps a student and point the coat closet making the student to hang the coat (Polaha et al 46). Model prompts refers to a situation where the practitioner or the teacher performs the skill or the behavior of the learner. In this way, the learner will emulate what the teacher is doing thus achieving the skill. In order to ensure that the learner easily understand the skill, the teacher may also

ONE of the following Essay Example | Topics and Well Written Essays - 1500 words

ONE of the following - Essay Example It is still possible to mitigate, avoiding the worst. The scientific community has offered specific recommendations to governments, but the question is whether politics are going to listen to the recommendations of scientists. Thus, we are going to discuss the challenges that global warming presents to both governments and businesses. First of all, it is necessary to mention that global warming is a tremendous challenge to the whole humanity. To date, the global scientific community has received the irrefutable proofs of the secular trend of global warming, which serves as an indicator of climate changes on the Earth. The surface temperature of the atmosphere has increased by 0, 74 ?C over the past century. Average temperatures in the Northern Hemisphere were higher than in any 50-year period in the last 500 years during the second half of the twentieth century, and probably is the highest in the last 1300 years. Thinking about consequences of global warming, Weart (2003) stated that widespread phenomena, such as rising sea levels, melting glaciers and polar ice sheets (particularly in the Arctic), the reduction of snow and ice covered areas of the earth’s surface, the increase in rainfall in some regions (the eastern part of North and South America, Northern Europe, North and Central Asia ) and a decrease in others, the expansion arid zones (Africa, South Asia, part), more frequent tropical cyclones in the North Atlantic, etc. are connected with global warming. Global warming and climate change affect the condition of many natural ecosystems in some ways, and thus, they have an impact on climate conditions in the biosphere as a whole, the biosphere conditions of human existence. The Intergovernmental Panel on Climate Change (IPCC), which includes up to 2500 experts from 130 countries, stated in the Fourth Assessment Report, which was presented in 2007, that global warming is an undeniable and already irreversible fact. The IPCC projected that by the end of the XXI century, if current trends continue to develop, surface temperature can rise to the most accurate estimate on 1,8-4,0 ? C (different scenarios), but likely, a greater value will have a place - from 2,9 to 6,4 ? C. This will entail an increase in climatic ‘shocks’ and disasters, such as more frequent and extensive flooding, flooding of low-lying coastal areas in one regions, drought and desertification in others. The changes, in turn, will lead to a reduction in agricultural productivity, especially in arid zones, water resources depletion, a dramatic reduction of biodiversity, and a spread of dangerous infectious diseases due to worsening conditions of the existence of a huge mass of people, especially in the poorest countries and to general regression in human development throughout the XXI century. Arguing the problem of global warming some researchers declared that the Industrial Revolution has changed the lives of mankind for the better, but the annual e missions of carbon dioxide and other gases that cause a greenhouse effect, has grown considerably at its very beginning. Billions of tons of carbon dioxide and other greenhouse gases accumulate in the thin protective layer of the Earth. Nowadays, the concentrations of these gases in the atmosphere are half as much again as before the Industrial Revolution. Discussing the challenges that global warmi