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I need to describe a strong economy??
Please help I only have about a sentence and I need more!!

Thanks Ash~

2007-01-09 04:57:42 · 4 answers · asked by Anonymous in Social Science Economics

4 answers

Indicators of a Strong & Sustainable U.S. Economy:

Economic Growth: 3.4% annualized real GDP growth so far this year. (Last updated: December 8, 2006)


Business Investment: 14 straight quarters of positive capital investment. (Last updated: November 29, 2006)


Job Growth: 407,000 net new jobs created in the past 3 months –40 straight months of job
growth –7.2 million since the President’s tax relief took effect in mid 2003. Employment has
increased in 49 states within the past year. (Last updated: January 5, 2007)


Low Unemployment: 4.5% unemployment rate –15 months at or below 5%. Unemployment
rates have decreased or held steady in 42 states over the past year. (Last updated: January 5, 2007)


Tax Revenues: Tax receipts up 11.8% in fiscal year 2006 (FY06) on top of FY05’s 14.6% increase. Receipts have grown another 9% percent so far in FY07. (Last updated: December 29, 2006)


Deficit Reduction: Increased tax revenues make it possible to meet the President’s deficit reduction goal early.


Steady Productivity: Labor Productivity has grown at an annual rate of more than 3% over the past five years. (Last updated: December 5, 2006)


Pro-Growth Policies will Enhance Long-Term U.S. Economic Strength:

Permanent Tax Relief: Without permanent tax relief, millions of Americans will see their
taxes go up by billions of dollars in 2011.

Energy Security: Increase U.S. energy supply, while focusing on energy conservation; invest
in new technologies to further develop energy alternatives; encourage market-based solutions.

American Worker Competitiveness: Retain our competitive advantage in a global
economy; increase investment in innovation; focus on helping people of all ages pursue first-rate
education and retraining opportunities.

Open Global Markets: Advocate free trade and encourage other countries to open their
markets to American goods, services and capital.

2007-01-10 08:12:18 · answer #1 · answered by Cherie 6 · 0 0

A strong economy is one in which unemployment is low, that means that most people who are want jobs can find one. A strong economy has low inflation, that means that prices are not rising very fast. A strong economy has high incomes.

A strong economy is able to withstand ups and downs and deal with difficult situations.

The classic example is the United States, which has all four characteristics.

2007-01-09 14:43:11 · answer #2 · answered by karl_obezyanka 2 · 0 0

The United States is in a strong economy now and has been for the las three or four years. Low interest rates, an average growth rate of 2.5-3.0% a year, unemployment below 7%, rising wages and rising inflation all are signs of a strong economy.

You shouldn't procrastinate with your schoolwork.

2007-01-09 08:15:18 · answer #3 · answered by Anonymous · 0 0

jobs, jobs, and more jobs.

2007-01-09 05:02:55 · answer #4 · answered by usa_jcrew68 1 · 0 0

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