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The U.S. economy changed dramatically during the late nineteenth and early twentieth centuries, as the country transformed from a rural agricultural nation to an urban industrial giant, the leading manufacturing country in the world. A number of important trends and developments characterized this tumultuous period
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By 1950 people generally recognized that the nation's economy the financial performance of its businesses affects every American personally.
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The economy of the 1950's was a relatively stale period of time. Because it was much of an uneventful era, the economy did not experience any major problems or breakthroughs. However, the gradual growth of the U.S. during this time led the economy to its peak in the 60's
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During the 70s, the Vietnam War had just concluded and the U.S. economy was hurting. The golden age is over and the U.S. entered a recession. Many problems were starting to pop up and it was overwhelming the American people. The new problems were the energy shortage, high inflation, and high unemployment.
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the success of airline deregulation, the federal government reduced or eliminated regulations that had governed many other industries.
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The resurgence of the U.S. economy from 1995 to 1999 outran all but the most optimistic expectations
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business firms enjoy considerably greater flexibility than their counterparts in Western Europe and Japan in decisions to expand capital plant, lay off surplus workers, and develop new products.
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Work in progress
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Americans have grown gloomier about both the economy and the nation’s direction over the past three months even as the U.S. shows signs of moving from recession to recovery
