восток_в_тени_ресниц все записи автора The United States is among the leading industrial and agricultural nations of the Globe. It is the world's greatest economic power in terms of GNP and in terms of GNP per capita. The nation's wealth is a reflection of its rich natural resources, advanced agriculture, and highly developed industry. International trade plays an important part in the U.S. economy.
The U.S. government plays only a small direct part in economic activity. Enterprises that are often in public hands in other countries, are run privately in the United States.
The principal effort of the government has been the fostering of competition through enforcement of antitrust laws. The major area of government regulation of economic activity is through fiscal and monetary policy. The government also influences certain sectors of the economy as a purchaser of goods. Nearly all of the federal government's revenues come from taxes. The most important source of tax revenue is the personal income tax.. Another major source of revenue is social insurance taxes and contributions.
Farming is a field in which the government strongly regulates private economic activity. Government makes efforts to support farm incomes through payments to farmers, controls on output, price supports.
The U.S. economy benefits from rich natural resources. With only 5 percent of the world's output of coal, copper, and crude petroleum. The United States is the world's second largest petroleum-producing nation. Coal deposits are concentrated in the Appalachians and in Wyoming. Iron ore is mined in Minnesota and Michigan. Copper production is concentrated in Arizona, Utah, Montana, Nevada, and New Mexico.
The labour force in the United States is not highly organized. About three-fourths of workers are affiliated with the American Federation of Labor-Congress of Industrial Organizations (AFL-CIO)