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Sunday, September 1, 2019

Effects of economy of the United States Essay

The cost of advancing economy of the United States is highly dependent on the Gross Domestic Product. This refers to the level of production nationals of a country and the production by the foreigners in the country. The main determinates of the countries production is the levels of employment and the stability of the government, in that case if the nationals of a specific country are unemployed the economy of the country will be quite low since the unemployed group will not have contribution to the country’s GDP (P. Kooiman p 178). If the economy of the country is quite low the employers tend to impose strategies to down size there work forces, this move will tend to increase the level of unemployment in the country hence even higher losses in the GDP. The concept is a clear illustration of the causes of several countries including the U. S causes of decreasing economic power and increasing levels of unemployment such as the statistics recorded in the year 2000 census. Economic technology determinates Unemployment also affects the economy in the sense that if the unemployment levels decrease the demand of goods and services. In other words the unemployment results to lowering the people’s purchasing power, especially in goods that are considered secondary goods. The unemployment persons reflect a loss in the sales level and level which are the economic power of a country since they are considered liabilities to the economy as they do not contribute to the boosting of the economy or bringing revenue to the country as they do not receive any salary or wage in relation to the work they perform. Hence unemployment weakens the economy since the consumers’ power is stronger than the production levels (Wikipedia encyclopedia). Political technology determinates According to Fred C. Pampel the U. S employment levels are based on the government, his argument is based on the fact that if the government does not maintain a stable country and economic power the people’s employment levels will tend to be quite low. In that case all countries watch out on the government moves to reduce the levels of unemployment by either increasing the job opportunities or by assisting the unemployed with capital for them to start up self employment such as small business. If the government does not do that it’s considered ineffective by the locals and can even be voted out come the next elections (Fred C. Pampel, John B. Williamson p203). In the United States fore example the political readers have taken up the role of reducing the levels of unemployment not only to improve their public image and popularity but also to improve the government strength in carrying out it’s activities. The government’s activities are financed through taxes which are gotten from the public, hence by reducing the levels of unemployment the levels of taxes are increased since the public has higher incomes to be taxed. Conclusion In the United States the military Marine Corps play an important factor in the advancement of technology. The Marine Corps refer to a United States military branch which deals with force projection in water masses such as the sea. The branch carries its activities with the help of the armed task forces and the uniformed service to uphold the mobility of the US navy. The Marine Corps work closely with the US naval forces since the naval forces are considered perfectly trained, on ways of exploiting the available means of transport and techniques used in each. They are therefore associated with improvement of technology since by maximum exploitation of the current resources they find their pros and cons; therefore they tend to improve the current technology through solving the problems related to the current technology. References 1. Gen. Charles C. Krulak (1996). â€Å"Operational Maneuver from the Sea† (PDF). Headquarters Marine Corps 2. P. Kooiman (1986), Some empirical models for markets in disequilibrium, Ph. D. thesis, Erasmus University Rotterdam 3. G. den Broeder (1983), A family of market transaction functions, Foundations of Empirical Economic Research 1983/1, Rotterdam: Netherlands Economic Institute 4. American Journal of Community Psychology, Unemployment and its effects on families: Evidence from a plant closing study – Springer Netherlands (2005) ISSN 0091-0562 (Print) 1573-2770 (Online) 5. Wikipedia the free encyclopedia http://en. wikipedia. org/wiki/Unemployment

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