Question

In: Economics

What's your overal sentiment on the U.S. economy's growth? We're doing pretty good as an economy...

What's your overal sentiment on the U.S. economy's growth? We're doing pretty good as an economy relative to other years in your life? Things are not as good at the moment? Elaborate on your thoughts and explain how you came to that determination. There are no right or wrong answers here!

Solutions

Expert Solution

The U.S economy is poised to continue expanding. However, the ride might be
bumpy with some periods seeing a downturn. The U.S demographic is a mix of old caucasian people and
young people belonging to minority communities like the children of african americans, spanish immigrants and asian immigrants.
The demographic will favor the United States (U.S) in continuing their economic dominance in the world.
However, there are a few concerns that surround the U.S economy.
The concerns are decreased consumer optimism, uncertainties of the future of the U.S political and economic scene, and low economic growth rates
in the trading partners of the United States. The world economy is expected to slow due to a slowdown in fast emerging countries like India and China.
Lastly, the global threat of terrorism is also a concern for the U.S and world economy as a whole.

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