Question

explain the 2019-2020 Economy of the US and/or World. Discuss issues such as: What is currently occuring? How is it affecting people and businesses. How is it affecting the local, regional, national, and world markets. How are local and state gov'ts being affected and what are they doing? What is the federal gov't doing or proposing to do to help the situation? What do you think of the federal gov't proposals and/or actions? What would you suggest doing? What has caused this recession (what the experts say and/or what do you think)? How is the recession affecting you and your family personally? What do you think the future will be like? How about the stock market? What are your thoughts about the auto industry and the auto bailout? What are your thoughts about the financial/banking bailouts? The volatility of the stock market?

Answer 1

The US economy 2019-2020 is currently showing signs of improvement. Even though the world economy is very unorthodox, as presented by major economies around the world. The US economy's GDP showed a 1.5% increase in the third quarter of 2019. This is an increase of 3.9% of real GDP in the second quarter of 2019. At a rate of 3.5% in 2018, Japan posted GDP growth of 1.1% in 2018. Similarly, the world economy is in turmoil in terms of growth and development.

The US economy is improving because of:

    The incentive package was published and maintained by the Federal Reserve
    Demand increases because of improvements in working conditions

The world economy is struggling because:

    The debt crisis among European countries is not over.
    The impact of the 2018 recession was nearing its end.
    Unemployment is rising again.

This has slowed China's manufacturing economy. This is said in the fall in crude oil prices in the world market. Even in the Indian economy, economic growth has slowed with changes in the capital markets. Have a significant impact on the market at all levels. For example, the US and European economies outsource jobs to Asian countries such as India, the Philippines, China. The decline over the last few years has slowed the flow of work to these Asian countries. As a result, many businesses closed and employees were cut. This leads to a decrease in aggregate demand and an economic slowdown. To see this, microfinance institutions have entrusted their money with them from the capital market, and changes and adjustments in the stock market occur.

To address the above issues, the government is developing fiscal and monetary policies that are used to combat problems. These policies use economic tools to improve the situation. The government also makes large expenditures to stimulate general demand in the economy. Other tools include discounts, interest rates, business support through special packages.

The Federal Reserve has done a good job of improving the US economy and starting to show positive results as mentioned in the first paragraph. The incentive package is supported by attractive FED courses. These policies are strictly enforced by the FED to improve the economy.