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Chapter 19 Section 2 Economic Leader Pg
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Free enterprise system
Idea that people have the right to run businesses to make a profit Governments have little interference
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World economic leader U.S. has largest economy in the world
Larger than the next two (China and Japan) combined
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U.S. farms produce ½ of the worlds corn and 20% of the worlds beef, pork, and lamb.
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U.S. Economy
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Problems facing the U.S. Fossil fuels used in power plants and cars
Coal, oil, and natural gas Cause pollution and acid rain Landfills- places where trash is dumped getting higher every year
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Recycling Reusing things instead of throwing them away
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Education Government provides education
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Health Care U.S. has some of the best healthcare in the world
Is becoming costly 1/5 of people in U.S. do not have medical insurance Most of these people are children
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World Trade North American Free Trade Agreement (NAFTA)
No trade regulations between U.S., Mexico, and Canada
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