1. The U.S Economics Might Today
In the United States, traditional economies relied on farming and very simple goods trading. Early colonists used this form of economy within their own communities, and to some extent, with other colonies. A market economy was controlled by the forces of supply and demand. ... U.S market system A command economy is run by a strong centralized government and tends to focus on industrial goods, for instance, the Communist China and the former Soviet Union, is operated under this economic system. ... Silicon Valley leads the U.S. economy by its own I.T. industry. ...
- Word Count: 1977
- Approx Pages: 8
- Grade Level: High School