The U.S. economy - the basic features and structure

By the end of the 20th century. The United States is the largest nation in the world. The country is located in every climate, which is conducive to agriculture and tourism, has more than a hundred kinds of minerals. Of Natural Resources the largest share in the volume production of the mining industry in terms of value is energy resources (90%): oil, coal, natural gas and uranium. About 75% of the production of metals accounts for iron ore and copper. However, up to 50% of the needs of the national economy in the mineral satisfied by imports. In particular, the United States does not have reserves of strategic metals such as chromium, manganese, tungsten, cobalt. With five percent of the world's population country produces one-fifth of world production of copper, coal and oil.


Agriculture of the United States supplies the world market is 50% corn, 20% of beef, pork, lamb, about one-third of the wheat. United States - the world's biggest buyer (13% of world imports) and the seller (18% of world imports). And, as is typical for the U.S. economy, state enterprises can be counted on the fingers (post office and the commission for Nuclear Research), airlines and even the telephone system in the United States privatized. The main efforts of the government is focused on the development of and compliance with the antitrust laws. The essence of this system is to prevent collusion of big companies (trusts) and the establishment of monopoly prices for goods and services.