The U.S. Economy from 2004 to 2014
The American Economy has faced economic crises from 2004 to 2014. The great recession started in 2008 was the biggest challenge for the American Economy. The American Economy has been based on innovation and consumption. The economy policy implemented in the U.S. was leading people to make higher incomes and spend more inside the country. Spending culture has created a habit of the Americans. Making high income and spending more and more has been accepted as a prestigious behavior among the citizens.
However, the American Economy has faced crises stemming from Continue reading...