1. The Economics of the United States and China
... 20% of households. Since 1996, dividends and capital gains have grown faster than wages or any other category of after-tax income" (USA, 2013, CIA Fact Book). The CIA Fact Book blames the increased technological complexity for this discrepancy, which creates a divide between 'haves' and 'have-nots' in terms of education and skills. Although the power ... medical and pension costs of an aging population, energy shortages, and sizable current account and budget deficits - including significant budget shortages for state governments" (USA, 2013, CIA Fact Book). But despite the pol...
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- Grade Level: High School