This book provides a detailed analysis of U.S. economic transformation in the last 50 years, including the principal drivers for economic growth, U.S. demographic transformation, and the changing sector structure of the U.S. economy. Economic Transformation of the United States, 1950-2000 , provides contemporary and historiAscal contexts to illustrate how technological innovation and the changing American ideology play a role in the process of U.S. economic transformation. It describes the services sector in which one set of service industries is indentified as qqwealth providersqq and another set as qqjob providers.qqThese movements are reflected in the Phillips Curves that were shifting from curve B-B to curves C-C and D-D. The reality of the past thirty years illustrates that ... When the recovery came, it was dramatic. Inflation rates were reduced to 3.2% inanbsp;...
|Title||:||The Economic Transformation of the United States, 1950-2000|
|Author||:||George Kozmetsky, Piyu Yue|
|Publisher||:||Purdue University Press - 2005|