By Evans K.M.
The yankee financial system is a part of the knowledge Plus Reference sequence. the aim of every quantity of the sequence is to give the newest proof on a subject matter of urgent problem in modem American lifestyles. those subject matters comprise cutting-edge such a lot debatable and so much studied social matters: abortion, capital punishment, deal with the aged, crime, the surroundings, wellbeing and fitness care, immigration, minorities, nationwide defense, social welfare, girls, early life, and lots of extra. even though written specially for the highschool and undergraduate pupil, this sequence is a wonderful source for someone wanting real info on present affairs.
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Extra info for The American Economy
FOOD PRICES. 1% in 2005, the highest annual increase since 1991. Strong consumer demand for restaurant meals is driving these price increases. S. 4% based on the CPI-U. Thus, the away-from-home food inflation rate was slightly less than the overall inflation rate. S. S. 4%. Prices for fats, oils, and eggs actually declined during 2005. However, these declines were offset by increases in the price of fruits, vegetables, fish, and seafood. ers. htm). 91 per gallon in May 2006. 21 per gallon in May 2005.
In a poll conducted in July 2006 Gallup found that only 5% of respondents rated the economy as excellent. Another 33% felt it was good, while 42% thought the economy was only fair. Another 19% gave the economy a poor rating, and 1% had no opinion. S. aspx? ci=23782). The American Economy (65%) and Independents (60%) had a negative outlook, compared with only 32% of Republicans. ci=23260). Obviously personal financial conditions and political philosophies shape American views about the economy. 0 1997 REASONS FOR GOOD AND BAD GRADES.
Home ownership generated the need for many items, but few had more far-reaching effects than automobiles. With such a large proportion of Americans living in the suburbs, the ability to commute to work and shopping centers became essential, so a family car went from being a luxury to being a necessity in the 1950s. This was the birth of the American car culture. Then, as now, a new car represented a substantial investment. The average income in the 1950s was $3,216 per year, and the cost of a Ford automobile was between $1,399 and $2,262—at least half of a family’s annual income.