U.S. ECONOMY

ITS HISTORTY!!

A POSSIBLE SOLUTION TO THE TRADE DEFICIT

One possible solution to the Trade Deficit is to decide which manufacture goods that the U.S buys, can be made in the United States. It will also help to decide which products should be bought out of the U.S and where to buy it.

“THE NORTH AMERICAN FREE TRADE AGREEMENT (NAFTA) IS A TREATY ENTERED INTO BY THE UNITED STATES, CANADA,

AND MEXICO; IT WENT INTO EFFECT ON JANUARY 1, 1994.’’“ What are the benefits of NAFTA?

Since NAFTA came into effect, trade and investment levels in North America have increased, bringing strong economic growth, job creation, and better prices and selection in consumer goods. North American businesses, consumers, families, workers, and farmers have all benefited.”

What is N.A.F.T.A

“How can I make NAFTA work for my business?

NAFTA provides North American businesses with better access to materials, technologies, investment capital, and talent available across North America”

“NAFTA is highly controversial. American workers that lost jobs protest outsourcing to Mexico, and that makes sense. On the other hand, everyone benefits from lower-cost gas and food prices. They probably have no idea it's because of NAFTA. To answer the question "Do the pros outweigh the cons?" depends on who you are and how you've been affected.”

Jenifer Rodriguez 8-C

WHAT IS N.A.F.T.AN.A.F.T.A MEANS NORTH AMERICAN FREE TRADE AGREEMENT, AN AGREEMENT BETWEEN NORTH AMERICAN COUNTRYS. THERE ARE ONLY 3 NORTH AMERICAN COUNTRYS AND THEY ARE MEXICO, THE UNITED STATES, & CANADA. IT WAS A DEAL SIGNED IN TEXAS BY THE THREE PRESIDENTS FROM MEXICO, US, AND CANADA IN 1993.

WHAT IS N.A.F.T.A?N.A.F.T.A stands for North American Free Trade Agreement. Back to 1990 among the three nations, U.S. President George H. W. Bush at the time, And Canadian Prime Minister Brian Mulroney and Mexican President Carlos Salinas, each responsible for spearheading and promoting the agreement, ceremonially signed the agreement in their respective capitals on December 17, 1992. The signed agreement then needed to be ratified by each nation's legislative or parliamentary branch. IMPACT: NAFTA's effects, both positive and negative, have been quantified by several economists, whose findings have been reported in publications such as the World Bank's Lessons from NAFTA for Latin America and the Caribbean, NAFTA's Impact on North America, and NAFTA Revisited by the Institute for International Economics. United StatesThe U.S. Chamber of Commerce credits NAFTA with increasing US trade in goods and services with Canada and Mexico from $337 billion in 1993 to $1.2 trillion in 2011, while the AFL-CIO blames the agreement for sending 700,000 American manufacturing jobs to Mexico over that time. CanadaLike Mexico and the U.S., Canada received a modest positive economic benefit as measured by GDP. Many feared declines failed to materialize, and some industries, like the furniture industry, were expected to suffer but grew instead. Canadian manufacturing employment held steady despite an international downward trend in developed countries. One of NAFTA's biggest economic effects on U.S.-Canada trade has been to boost bilateral agricultural flows. In the year 2008 alone, Canada exports to the United States and Mexico were at $381.3 billion, and imports from NAFTA were at $245.1 billion. A book written by Mel Hurtig published in 2002 called The Vanishing Country charged that since NAFTA's ratification more than 10,000 Canadian companies had been taken over by foreigners, and that 98% of all foreign direct investments in Canada were for foreign takeovers.Mexico

The overall effect of the Mexico–U.S. agricultural agreement is a matter of dispute. Mexico did not invest in the infrastructure necessary for competition, such as efficient railroads and highways, which resulted in more difficult living conditions for the country's poor. Mexico's agricultural exports increased 9.4 percent annually between 1994 and 2001, while imports increased by only 6.9 percent a year during the same period.One of the most affected agricultural sectors is the meat industry. Mexico has gone from a small player in the pre-1994 U.S. export market to the 2nd largest importer of U.S. agricultural products in 2004, and NAFTA may be credited as a major catalyst for this change. The allowance of free trade removed the hurdles that impeded business between the two countries. As a result, Mexico has provided a growing market for meat for the U.S., leading to an increase in sales and profits for the U.S. meat industry. This coincides with a noticeable increase in Mexican per capita GDP that has created large changes in meat consumption patterns, implying that Mexicans can now afford to buy more meat and thus per capita meat consumption has grown.

WHAT IS N.A.F.T.A

N.A.F.T.A stands for North American free trade agreement. It was a treaty between Canada, Mexico and United States that started January 1994. George W. bush , Mexican president, Carlos Sallinas, and Canadian Prime Minister Brain Mulrony all agreed to the treaty. It was made to increase trade between these three countries. It also took away restrictions from commerce. This benefitted all three countries

What is NAFTA?

NAFTA is the North American Free Trade Agreement a treaty between Mexico, Canada and the United States that has been in effect since 1 January 1994. The agreement was designed to increase trade among the three nations by reducing or eliminating restrictions on commerce, such as tariffs and import quotas. It is one of the most powerful and wide-reaching treaties in the world, governing the entire spectrum of trade and commerce on the North American continent. Although it was designed to benefit its member nations economically, it has been the subject of controversy since its inception. NAFTA is one of the most prominent and influential. International commerce, the process of importing and exporting goods from one nation to another, is usually regulated by customs duties and fees such as tariffs.

WHAT IS N.A.F.T.A?

N.A.F.T.A is the North American Free Trade Agreement which was a negotiation between the U.S., Canada, and Mexico. It was meant to decrease trade barriers with the three countries.

“THE NORTH AMERICAN FREE TRADE AGREEMENT (NAFTA) IS A TREATY ENTERED INTO BY THE UNITED STATES, CANADA,

AND MEXICO; IT WENT INTO EFFECT ON JANUARY 1, 1994.’’“ What are the benefits of NAFTA?

Since NAFTA came into effect, trade and investment levels in North America have increased, bringing strong economic growth, job creation, and better prices and selection in consumer goods. North American businesses, consumers, families, workers, and farmers have all benefited.”

What is N.A.F.T.A

“How can I make NAFTA work for my business?

NAFTA provides North American businesses with better access to materials, technologies, investment capital, and talent available across North America”

“NAFTA is highly controversial. American workers that lost jobs protest outsourcing to Mexico, and that makes sense. On the other hand, everyone benefits from lower-cost gas and food prices. They probably have no idea it's because of NAFTA. To answer the question "Do the pros outweigh the cons?" depends on who you are and how you've been affected.”

WHAT IS A TRADE DEFICIT ?A Trade Deficit means, an economic measure of a negative balance of trade in which a country's imports exceeds its exports. A trade deficit represents an outflow of domestic currency to foreign markets.

A TRADE DEFICIT… A trade deficit occurs when a nation buys more goods and services from foreign countries than it sells to them. A trade deficit is caused when there is foreign competition.

To reduce this deficit, many American firms have built more efficient factories in products than lower costs. They have also tried to increase sales abroad by producing better products than foreign rivals.

Why have environmentalists faced opposition?

One reason environmentalists have faced opposition because the environmentalists wanted to get rid of technology so that the Earth would be a better place to live in.

U.S. Government responds to Environmental Concerns

In the 1970’s the US Government responded to environmental concerns by creating the Environmental Protection Agency. The Clean Air Act of 1970 required automakers to clean up car exhausts, and The Clean Water Act of 1972 fought pollution in rivers and lakes. Also, they tried to conserve energy by switching from oil to coal in many factories.

SAVING THE WORLD!!!!!• Take less time in the shower while the water is being

wasted• Don’t let the water be wasted while your brushing your

teeth or shaving• Use bikes, buses , or walk in order to save the world

from car pollution• Recycle and don’t put important needs to waste• Use reusable bags• Share a car ride with someone to prevent pollution and

green house gases• RECYCLE ,RECYCLE ,RECYCLE!!!

Yarony Paulino 8C

Environmental Protection:

Saving The World• Don’t run the water while you aren’t using it {while brushing your teeth

or shaving}• Take shorter showers & stop the water if you are going to apply

shampoo to your head {stop the waste of water}• Buy reusable bags when you go shopping to prevent an abundance of

plastic waste• Try to walk, ride a bike, or share a ride/carpool to prevent pollution • Try to recycle by separating and putting and plastics, metals, or glass

into recycling bins.• Wash your clothes in cold water• Buy Eco-Friendly Products {they help save energy and electricity}• Don’t overuse the heater in the winter and AC in the summer to prevent

energy waste

• REUSE, REDUSE, & RECYCLEDwight DavisClass 8C

THE EFFECTS OF MODERN TECHNOLOGY IN THE 21ST CENTURY

What is E-commerce

E-commerce stands for Electric commerce which is the buying and selling of goods and services over electronic systems .E-commerce also entails improvements in businesses , it also affect many business tax including marketing and communication. E-commerce is international E-commerce is an incredible tool for new businesses as it allows them to rapidly interact with people through out the world.

Electronic commerce • The buying and selling of goods or services over electronic

system most commonly the internet. These types of things can have a dramatic impact on the economy. E-commerce is international. E-commerce definitely represents the future. It also makes future in jobs for different people. For instance e-commerce is an incredible tool for new businesses. E commerce has defined this generation , and will continue to define the future. It will always continue to be an important tool for the economy.

Computers Then And Now

The computers today compared to the computer in the 1950s are more easy because there are flash drives, cameras , touchscreen and a variety of different websites. The computers in the 1950s were smaller and faster. People use RAM for most computers. The 1950s computer games were popular, but now music and games are popular today.

In the 1970’s computers evolved and revolutionized society because within two years it expanded internationally it also ignited the pc industry .

Computer Evolution

The computers from the 1970’s have evolved from going from war computers to computer that you can use to look at your emails or for entertainment.

Group leader : Kellen

Slide creators :

MelissaFranssiely Chloe KellenChaniya

STUDENTS RESPONSIBILITIESMedia research on clipart: Chloe

Information verifier : Chloe & Chaniya.

These students are reponsible for verifying the information in the slides is accurate.