Do The Costs Of Advancing Technologies Effect The Economy Of The United States And Its Foreign Competitors? And Does The Military Play A Critical Factor In This? If So, How?

Effects of economy of the United States and its foreign competitors on be of advancing applied scienceIntroductionThe cost of advancing economy of the United States is exceedingly dependent on the Gross Domestic Product . This refers to the train of production nationals of a sphere and the production by the foreigners in the country . The main determinates of the countries production is the take aims of employment and the stability of the organization , in that case if the nationals of a specific country atomic number 18 unemployed the economy of the country will be sort of minor since the unemployed group will not defecate contribution to the country s GDP (P . Kooiman178 . If the economy of the country is quite a low the employers tend to impose strategies to down size on that point work forces , this move will tend to increase the take of unemployment in the country hence even higher losses in the GDP . The concept is a clear model of the causes of several countries including the U .S causes of decreasing economic power and change magnitude levels of unemployment such as the statistics recorded in the year 2000 censusEconomic technology determinatesUnemployment also affects the economy in the sense that if the unemployment levels decrease the select of goods and services . In other words the unemployment results to lowering the sight s purchasing power , especially in goods that are considered indirect goods . The unemployment persons reflect a loss in the sales level and level which are the economic power of a country since they are considered liabilities to the economy as they do not present to the boosting of the economy or bringing revenue to the country as they do not receive any salary or wage in relation to the work they perform . thence unemployment weakens the economy since the consumers power is stronger than the production levels (Wikipedia encyclopediaPolitical technology determinatesAccording to Fred C . Pampel the U .

S employment levels are based on the establishment , his line of railway line is based on the fact that if the government does not prevent a stable country and economic power the tidy sum s employment levels will tend to be quite low . In that case all countries watch out on the government moves to reduce the levels of unemployment by either increasing the ancestry opportunities or by assisting the unemployed with capital for them to start up self employment such as small business . If the government does not do that it s considered ineffective by the locals and female genitals even be voted out come the next elections (Fred C . Pampel , John B . Williamson p203In the United States fore example the governmental readers have taken up the role of reducing the levels of unemployment not only to improve their public image and popularity but also to improve the government strength in carrying out it s activities . The government s activities are financed through taxes which are gotten from the public , hence by reducing the levels of unemployment the levels of taxes are increased since...If you want to get a full essay, order it on our website: Orderessay

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