Collapse paper Essay Example | Topics and Well Written Essays - 1250 words

Collapse paper - Essay ExampleEconomic history of the United States of the States extends over a period of less than two and half centuries. Over the course of this period, the US saving had multiple series of progress and problems. The United States has grown from an alliance of thirteen British colonies with distinct economies and institutions to the interconnected state which nowadays accounts for more than fifth of the world sparing (Economic history of the US).US economy today is based on three major elements. The first element is its natural resources. The guiltless of the United States has rich mineral resources and favorable terrain, as well as mild climate conditions. It alike has broad access to the ocean and corresponding transportation routes, encompassing the coastlines of both the Atlantic and Pacific Oceans, as well as that of the Gulf of Mexico. Additional shipping routes are ensured by a host of rivers crown of thorns the country and the Great Lakes along the border with Canada. These extensive transportation channels endorsed the economic growth of the ground describes, peculiarly at early stages, and played a significant role in uniting Americas 50 unmarried states into a full-fledged economic unit (Economy of the United States).The second ingredient is its human resources. the States has the third largest population in the world, which was estimated to be ca 295 mil people in July 2005 (CIA). The labor force is one of the major factor of economic growth and therefore prosperity of the country. On the other hand, countrys citizens are also its biggest asset. Their welfare should be one the top of governing bodys priorities list. Good environmental conditions and balanced habitats are essential to the welfare and health of the people, which makes environmental regulation extremely significant. The third element is industrial production and investments. USA is a home to corporations, which are complex organization governed by extens ive set of rules and owned by stockholders. Boosted by the advent of mass production corporations like General Electric have been crucial in shaping the country. Using stock exchanges and financial markets American investors and banks managed to substantially increase their capital investing and withdrawing finances from profitable corporations. In the current era of globalization US investors and corporations have even larger cast on the world than ever before. (Economic history of the US) It is essential to know these because above set forth components are vital in making the economy of the United States prosper. Therefore, it is imperative that the US government give lessons regulation in order to preserve these valuable resources. rough regulations and policies that control these resources, however, are at multiplication being overlooked not only by private corporations but the US government itself. Some private corporations in the USA abuse the use of natural resources, whi ch leads to the destruction of the environment and increase in pollution, both harmful to human beings. The government, on the other hand, sometimes disregards these issues and even makes some initiatives to accelerate the economy at the expense of environmental deterioration. One of the recurring problems faced by the US government is postal code. The government has been constantly seeking for appropriate means to regulate the use of energy and find new energy sources. US government has been extensively seeking for such sources as oil, nuclear