Americans are accustomed to being told that they are No. 1 in the world, certainly as far as economic power is concerned. But an ugly truth has been emerging of late: we have allowed other nations to overtake us in productivity, and we have lost enormous market share to others. How did this happen? Research the subject, using the work of some economists mentioned in the text, and report what has been done to solve this problem. Will the solution ensure a continuing economic boom?

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The Answer of Americans are accustomed to being told that they are No. 1 in the world, certainly as far as economic power is concerned. But an ugly truth has been emerging of late: we have allowed other nations to overtake us in productivity, and we have lost enormous market share to others. How did this happen? Research the subject, using the work of some economists mentioned in the text, and report what has been done to solve this problem. Will the solution ensure a continuing economic boom?

Americans Are Accustomed to Being Told That They Are No