The Economy of the USA

The modern USA represents an interesting object of researches for economists of the whole world. The country that has managed for a rather short period of time to become the world’s economic leader should cause interest. Besides, nowadays America shows significant success in carrying out social programs: in supporting the poorest layers of the population, in solving the problems of unemployment, racial discrimination, criminality, etc. Certainly, a number of problems still remains, but the general dynamics of development are evident. The 1920s were called the New Era in American life. This decade was the time of unprecedented social, economic and political change. It was the time when America was becoming a modern nation. It was a period of almost uninterrupted prosperity and economic expansio

Introduction
1.1. Economy of the USA
1.2. History
1.2.1. After a Great Depression
1.3. Overview
1.4. Sectors
1.5. International trade
1.6. Currency and central bank
1.7. Government involvement
1.7.1. Regulations
1.7.2. Taxation
1.7.3. Expenditure
1.8. Income in the USA
1.9. Household income
1.9.1. Quintiles
1.9.2. Race
1.9.3. Education and Gender
1.9.3. Age of householder
1.9.4. Social class
1.10. United States Federal budget
1.10.1. Federal Budget data
1.10.2. Mandatory spending and entitlements
1.10.3. Social security
1.10.4 Medicare and Medicaid
1.10.5. Military spending
1.11. Labor unions in the USA
1.11.1. Labor unions today
1.12. Social class in the USA
1.12.1. Upper class
1.12.2. Corporate elite
1.12.3. Upper middle
1.12.4. Middle class
1.12.5. Traditional middle
1.12.6. Lower middle class
1.12.7. Lower class
1.13. Poverty
1.13.1. Factors of poverty
1.13.2. Understanding poverty
1.13.3. Overstating poverty
1.14. Business oligarch
1.14.1. American oligarch
1.15. American dream
Conclusion
Literature
Appendix