General characteristics of the United States economy
General characteristics of the United States economy The US economy is the largest in the world (in 2015 GDP volume), with a strong presence in the various economic sectors. The American economy functions wholly within capitalist parameters. With a strong domestic consumer market, United States production also targets exports. The country produces large quantities of agricultural livestock, but stands out in the production of industrialized products and technology. Much of North American industry is concentrated in the southeastern and northeastern regions, although there is also a large production of manufactured goods in the state of California. The southern region of the country has strong development in the agricultural and mining sector. Tourism in the United States is also of utmost importance to the country's economy. The third most visited country by foreign tourists, the United States receives about 1.5 billion tourists from other countries. Mining is also an econo...
