first part Roaring 20'S
Storyboard Text
- The US possesses a highly diversified economy with a wide range of industries that contribute to its stability. This diversity means that economic shocks affecting one sector are often offset by the strength of other sectors.
- Background of the crisis
- Yes! the U.S. has a strong culture of innovation and entrepreneurship, continually developing new products, technologies, and services that stimulate economic growth and maintain stability.
- Thank God webenefit from well-established institutions and a robust rule of law. Independent institutions like the Federal Reserve manage monetary policy, helping to control inflation and stabilize the economy.
- It's great cause a reliable legal framework ensures us the enforcement of contracts, protection of property rights, and resolution of disputes, which fosters trust in the economy and encourages investment.
- We are so succesfull due to the UShas deep and efficient financial markets that provide easy access to capital for businesses and individuals. This availability of funding supports business expansion, job creation, and infrastructure development, contributing to economic stability.
- The U.S. dollar's status as a global reserve currency further strengthens its financial markets and facilitates international trade and investment.
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