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Strategies & Market Trends : New US Economy Policy -- Ignore unavailable to you. Want to Upgrade?


To: Arthur Tang who wrote (316)10/25/2006 4:20:09 AM
From: Arthur Tang  Respond to of 435
 
Standard of living is set by the availability of goods and services in a town.

Governments build towns to build economy. In the US, started in the 1950s, towns were connected by highways. then farms were subdivided for track houses. Population in cities moved away and made the economy dependent on automobiles. Today, there is still migration from cities to the suburb. Cities go high rise, and offer more cultural development to attract suburbans for a night in town.

The building of shopping malls is a large part of modern suburban culture. Often there are hundreds of stores in each mall, and people spend a great deal of time in malls.

This is now the new economy. Obsolescence and replacement with new designs of products and services, keep the economy growing.

Interest rates and monetary policies(credit cards) do not make any influence on this economy. ATM machines showed us the trend of cash management in daily lives. If Feds think they have control, they better work with manufacturers on new designs to make economy grow faster. Lack of new products made our economy stall and recession begins.