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  2. Technological and industrial history of the United States

    en.wikipedia.org/wiki/Technological_and...

    The United States population had some semi-unique advantages in that they were former British subjects, had high English literacy skills, for that period, including over 80% in New England, had stable institutions, with some minor American modifications, of courts, laws, right to vote, protection of property rights and in many cases personal ...

  3. List of economic expansions in the United States - Wikipedia

    en.wikipedia.org/wiki/List_of_economic...

    Dates Duration (months) Annual Employment Growth [2] Annual GDP Growth [3] Description Oct 1945– Nov 1948 37 +5.2% +1.5%: As the United States demobilized from World War II, the decline in government spending caused a brief recession in 1945 and suppressed GDP growth for several years thereafter.

  4. Science and technology in the United States - Wikipedia

    en.wikipedia.org/wiki/Science_and_technology_in...

    For the past 80 years, the United States has been integral in fundamental advances in telecommunications and technology. For example, AT&T's Bell Laboratories spearheaded the American technological revolution with a series of inventions including the first practical light emitted diode ( LED ), the transistor , the C programming language , and ...

  5. Economic history of the United States - Wikipedia

    en.wikipedia.org/wiki/Economic_history_of_the...

    The 1860s were a period of growing protectionism in the United States, while the European free trade phase lasted from 1860 to 1892. The tariff average rate on imports of manufactured goods in 1875 was from 40% to 50% in the United States, against 9% to 12% in continental Europe at the height of free trade. [44]

  6. Economy of the United States - Wikipedia

    en.wikipedia.org/wiki/Economy_of_the_United_States

    The U.S. public debt was $909 billion in 1980, an amount equal to 33% of America's gross domestic product (GDP); by 1990, that number had more than tripled to $3.2 trillion – 56% of GDP. [371] In 2001 the national debt was $5.7 trillion; however, the debt-to-GDP ratio remained at 1990 levels. [372]

  7. US economic output grows at fastest pace in nearly 3 years to ...

    www.aol.com/finance/us-economic-output-grows...

    The Atlanta Fed's GDP Now tool, which incorporates real-time data throughout the quarter to project economic growth, currently projects the US economy grew at a 3.3% annualized pace in the final ...

  8. Government spending in the United States - Wikipedia

    en.wikipedia.org/wiki/Government_spending_in_the...

    The US government's Bureau of Economic Analysis as of Q3 2023 estimates $10,007.7 billion in annual total government expenditure and $27,610.1 billion annual total GDP which is 36.2%. [ 1 ] This government total excludes spending by "government enterprises" which sell goods and services "to households and businesses in a market transaction."

  9. Accelerating change - Wikipedia

    en.wikipedia.org/wiki/Accelerating_change

    Dramatic changes in the rate of economic growth have occurred in the past because of some technological advancement. Based on population growth, the economy doubled every 250,000 years from the Paleolithic era until the Neolithic Revolution. The new agricultural economy doubled every 900 years, a remarkable increase.