美国经济(英文版)PPT课件

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Limited liability
It is a concept that the value of a person's investment in a company or partnership with limited liability.
If a company with limited liability is sued, then the plaintiffs(原告) are suing the company, not its owners or investors. A shareholder(股东) in a limited company is not personally liable for any of the debts of the company, other than for the value of their investment in that company. usually that person‘s dividends(股息) in the company being zero, since the company has no profits to allocate.
Adam Smith was a Scottish social philosopher and a
pioneer of political economy. The Wealth of Nations, is considered
as the first modern work of economics. Smith is widely cited as the father of
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Five Major Developments
1. Introduction of the factory system the first factory in U.S., 1793 by Samuel Slater ◦Cotton cloth factory ◦The Northeastern region: the manufacturing center ◦The Southern region: cotton plant base ◦The result: US-a major cotton producer

Meanwhile the textile industry and heavy industry also developed.
American Economy Industries ------Cities
New York Pittsburgh Chicago Detroit Dallas and Houston Seattle San Francisco and Los Angeles
American Economy Industries ------Sectors
Aviation
1. US has the largest aviation industry in the world.
2. Major aircraft companies:
Boeing, McDonald Douglas
American Economy Industries ------Distribution
Distribution of Industries
1. Northeastern America , the most important industrial region.
New England and Great Lakes
American Economy
Industrial Revolution
“The Wealth of Nations”
Adam Smith
American Economy General Survey
1. The structure of the economy 2. The position in the world 3. Inflation and Deficit
2. it stands by the Ohio River which finally joins the Mississippi River.

Eli Whitney’s cotton gin
Henry Ford and His Assembly Line
3. New Technologies
Sewing Machine
Television
Telegraph
Telephone
Railroads Food
processing plants Electric light bulb Phonograph Camera Moving pictures
American Innovations: 1. Factory system 2. Mass production 3. New technologies 4. New forms of business organization 5. The construction of railroads
When
the United Ranking Country States Sneezes, United 1 the rest of the States world catches a 2 China cold. -- an economists’ 3 Japan proverb
4
Germany
1. Introduction of Factory System
◆ In 1793, Samuel Slater(塞缪尔· 斯莱
特) built the first factory in the U.S --a cotton cloth factory in Rhode Island.
◆ The success of his factory turned
3. Financial Services
The

Chapter 3 American Economy
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American Economy
Contents: 1. Industrial Revolution 2. General Survey 3. Industries 4. Agriculture
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American Economy
Industrial Revolution
Position of the American Economy 1. “superpower” in world affairs 2. dominant position of the dollar
“Bretton Woods System”
布雷顿森林体系/布莱登国际货币制度
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American Economy General Survey
Bretton Woods System 1. most major currencies are pegged to the US dollar 2. the dominant position of the dollar was formally
established in the Bretton Wood system which was held in 1945 at Bretton Woods in New Hampshire and attended by 45 countries. 3. The conference also set up the IMF (International Monetary Fund), the World Bank, and GATT( the General Agreement on Tariffs and Trade), later known as WTO, it is a world trading system.