Introduction
The United States economy refers to all the means through which goods and services are generated, distributed and utilized by individuals and businesses in the United States. It is made up of approximately three hundred million consumers and more than twenty million businesses. In 2005, the annual Gross Domestic Product amounted to twelve and half trillion US dollars (Schmidt, 2003). Such high scales of production and consumption have made the United States undoubtedly the greatest economy of the world regardless of the fact that some other nations have more land, people and other resources notwithstanding (Engdahl, 2004). However, this ...
