This essay focuses on the US economy and global economy. how financial markets and institutions influence the US and its equivalent
Create an 8- to 12-slide
on a economics writing question and need a sample draft to help me understand better.
Research how financial markets and institutions influence the US and global economies.
Create an 8- to 12-slide presentation or a 575-word summary to present your research.
Choose 4 financial markets or institutions. Briefly explain what each specializes in (mortgages, stocks, government securities, etc.).
Compare how each financial market you identified influences the US economy and global economy.
Cite a minimum of four references to support your assignment.
Format your citations according to APA guidelines.
human wants for goods, services and resources exceed what is available. Resources, such as labor, tools, land, and raw materials are necessary to produce the goods and services we want but they exist in limited supply. Of course, the ultimate scarce resource is time- everyone, rich or poor, has just 24 hours in the day to try to acquire the goods they want. At any point in time, there is only a finite amount of resources available.
Think about it this way: In 2015 the labor force in the United States contained over 158.6 million workers, according to the U.S. Bureau of Labor Statistics. Similarly, the total area of the United States is 3,794,101 square miles. These are large numbers for such crucial resources, however, they are limited. Because these resources are limited, so are the numbers of goods and services we produce with them. Combine this with the fact that human wants seem to be virtually infinite, and you can see why scarcity is a problem.