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Vibrant US Economy: From Industrial Powerhouses to Modern Challenges

Explore the rich economic landscape of the United States, from the Industrial Revolution in the Northeast to the agricultural prowess of the South. Witness the innovation in technology, science, and service industries, as well as the contemporary challenges like pollution and global trade agreements.

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Vibrant US Economy: From Industrial Powerhouses to Modern Challenges

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Presentation Transcript

  1. Ch. 4- Section 2- Economy Economic Leader- skilled workers, rich in natural resources Free enterprise system- people run businesses to make a profit with little government intervention

  2. Economy continued • Strong in technology, science, medicine, and education • Northeast- mfg area- “Industrial Revolution”- inventions • Coal mining- PA and West Virginia • Trade- large cities and waterways • Service industries- businesses that provide services to people • Fishing and farming

  3. Economy continued • South- industry- main source of income- factories and refineries • Tourism- Sea World, Walt Disney World- Orlando, Florida • Agriculture- Texas- more farms than any other state- “Longhorns”, “Aggies” • Rice and sugarcane- Louisiana and Arkansas • Citrus fruits, pecans, and peanuts

  4. Economy continued • The Midwest • Farm belt, breadbasket • River systems- Ohio, Mississippi, St. Lawrence Seaway • The Interior West • Dry climate- ranching popular, tourism- Grand Canyon • The Pacific • Fishing, coffee, sugarcane, rice- Hawaii • Alaska- oil • Los Angeles- “capital of the movie industry” • San Diego- US Navy’s Pacific fleet

  5. Economy continued • Today’s challenges • Pollution and acid rain • World trade- interdependent- rely on one another • NAFTA- North American Free Trade Agreement- 1993 • Trade between US, Canada, and Mexico- increased

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