Ch 4 section 2 economy
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Ch. 4- Section 2- Economy. Economic Leader- skilled workers, rich in natural resources Free enterprise system- people run businesses to make a profit with little government intervention. Economy continued. Strong in technology, science, medicine, and education

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Ch. 4- Section 2- Economy

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Ch 4 section 2 economy

Ch. 4- Section 2- Economy

Economic Leader- skilled workers, rich in natural resources

Free enterprise system- people run businesses to make a profit with little government intervention


Economy continued

Economy continued

  • Strong in technology, science, medicine, and education

  • Northeast- mfg area- “Industrial Revolution”- inventions

  • Coal mining- PA and West Virginia

  • Trade- large cities and waterways

  • Service industries- businesses that provide services to people

  • Fishing and farming


Economy continued1

Economy continued

  • South- industry- main source of income- factories and refineries

  • Tourism- Sea World, Walt Disney World- Orlando, Florida

  • Agriculture- Texas- more farms than any other state- “Longhorns”, “Aggies”

  • Rice and sugarcane- Louisiana and Arkansas

  • Citrus fruits, pecans, and peanuts


Economy continued2

Economy continued

  • The Midwest

  • Farm belt, breadbasket

  • River systems- Ohio, Mississippi, St. Lawrence Seaway

  • The Interior West

  • Dry climate- ranching popular, tourism- Grand Canyon

  • The Pacific

  • Fishing, coffee, sugarcane, rice- Hawaii

  • Alaska- oil

  • Los Angeles- “capital of the movie industry”

  • San Diego- US Navy’s Pacific fleet


Economy continued3

Economy continued

  • Today’s challenges

  • Pollution and acid rain

  • World trade- interdependent- rely on one another

  • NAFTA- North American Free Trade Agreement- 1993

  • Trade between US, Canada, and Mexico- increased


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