Question

Saudi Arabia December 21, the Arab news network published the American university professor at Columbia University, the university, director of the center for sustainable development, the United Nations sustainable development action network chairman Jeffrey sachs, entitled "the United States has become rich, the rich, the rich of the nation" the article said, a year ago, Joe biden, a narrow victory in the election, Donald trump, But America's prospects remain uncertain. It is not easy to diagnose exactly what has got America into such trouble that it has stoked the "Trump movement".

Answer 1

The impact of economic factors on the United States, including the oil industry, income inequality, and economic restructuring.

Step-by-step explanation:

Social Studies: The Impact of Economic Factors on the United States

The United States has faced various economic challenges throughout its history, resulting in both prosperity and inequality. Factors such as the oil industry, economic restructuring, income inequality, and the concentration of wealth have all contributed to the country's economic conditions and social issues. For example, the discovery of oil in Saudi Arabia in the early 20th century made the U.S. a major oil exporter and influenced automotive transportation.

Additionally, income inequality has been a prominent issue, with the top 1% owning more than the bottom 50% and the concentration of wealth among the wealthiest families. This has led to concerns about a second gilded age and increased disparity. Economic restructuring away from manufacturing and the adoption of supply-side economics have also impacted the distribution of wealth and affected average Americans.

These economic factors have had significant consequences, such as the growth of poverty, falling behind in education, and political and social tensions within the country. Understanding these complexities is essential for addressing the challenges and working towards a more equitable society.