United States Economy, Economy Of USA, US Economy
A brief Information of United State:
United States economy is referred to as “capitalist” economy. The term “capitalist” economy was propounded by Karl Marx. Karl Marx was a German economist and social theorist.
Capitalist economy denotes an economy where huge amount of money or capital is controlled by small groups of people.
Composition of the United States economy:
United States economy is made up of several factors. The different factors which keep United States economy rolling can be summarized as under:
- Natural resources
- Man power
- Financial power.