The Economy Of The United States Of America - 3174 Words

The economy of the United States of America PRESENTATION Location Bounded on the north by Canada, to the east by the Atlantic Ocean, to the south by the Gulf of Mexico and the Republic of Mexico and west by the Pacific Ocean. It extends from 26 º to 49 º north latitude and from 67  ° up to 124  ° 40 west of Greenwich. Political and administrative organization It is a federation of 50 states and a federal district with a total area of nearly ten million square kilometers. These states are almost entirely distributed in the continent of North America, except Hawaii, which geographically is located in Oceania. Washington, District of Columbia, is the seat of the federal government. Puerto Rico is a commonwealth of the United States. Something†¦show more content†¦English Rental companies formed, usually wealthy merchants and landowners who expected increase personal earnings. Additionally, the fishing industry was the primary resource Massachusetts; certain houses produced candles and soaps, food reserves, beer and make clothes. in North and South Carolina and Virginia all kinds of jewelry was imported in exchange for snuff, rice, etc. During the eighteenth century the economy strengthened. The new English colonies produced large quantities Boat. And snuff plantations along with rice and indigo were a vital economic activity importance. In 1778 after independence the colonial period was left behind, thus leading to the United States of America. The creation of this new state led to the American Constitution, which establish some economic issues (including the entire nation was unified as a market common, no fees or taxes * in interstate commerce and also the Constitution ensured that the federal government could regulate the value of money; fix the standards in size and weight; condicionaban regulations patents and trademarks.) Their economic activities still revolved mainly around raw materials, with gradual improvements. In 1835, the US began to go through a crisis, known as commercial panic (mainly 1debido to that after the Assumption of Jackson as president was preferred to put government deposits US banks controlled by their political allies) State; it lasted until 1937, that the trade then had paralyzed. However