Chapter 19 Section 2 Economic Leader Pg. 507-510.

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Presentation transcript:

Chapter 19 Section 2 Economic Leader Pg

Free enterprise system Idea that people have the right to run businesses to make a profit Governments have little interference

World economic leader U.S. has largest economy in the world Larger than the next two (China and Japan) combined

U.S. farms produce ½ of the worlds corn and 20% of the worlds beef, pork, and lamb.

U.S. Economy

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

Recycling Reusing things instead of throwing them away

Education Government provides education

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

World Trade North American Free Trade Agreement (NAFTA) –No trade regulations between U.S., Mexico, and Canada