Researching GDP Data on the U.S. Bureau of Economic Analysis website

1. Go to the Bureau of Economic Analysis website at http://www.bea.gov (Links to an external site.) and click on Gross Domestic Product at the middle of the page.

https://www.bea.gov/

2. Then under Current Release, click on the Full Release and Tables link (Links to an external site.) to open the latest GDP report.

https://www.bea.gov/news/2019/gross-domestic-product-third-quarter-2019-second-estimate-corporate-profits-third-quarter

Read the latest GDP report posted there. Discuss the latest report, including.

How does our current Real GDP reflect the current state of the economy?
What is happening to consumption, investment, government spending and net exports according to the report?
According to the latest data and your own evaluation of the economy, where would you say we are in the business cycle and why?
Also, choose one of the other reports in U.S. Economy at a Glance (Links to an external site.) and briefly summarize the data from that report.

https://www.bea.gov/news/glance

Explain in detail and include data from the report to support your answer.

Discussion Instructions
You will not be able to see other students’ replies until you post your response to the discussion question. Type your initial response to my question in substantially more than eight sentences (minimum 200 words) by Tuesday at 11:59 pm Pacific Time, then read through the other entries and post a thoughtful question to at least one classmate who does not have a thoughtful question by Tuesday at 11:59 pm Pacific Time. Then, by Wednesday night please write a one paragraph (4+ sentences) response to another student’s thoughtful question about your post. If you do not receive a thoughtful question about your post by Wednesday morning, you may write a second thoughtful question to a student who does not have one to count as your third post. Please use professional grammar and punctuation in this college level course in all correspondence and avoid “text” or “twitter speak” when corresponding. Please note that if you are posting late to this discussion forum, you must wait at least 24 hours before you post a second “thoughtful” question (in order to give another student time to post a thoughtful question about your post).

Summary

Sample Solution

The Consequences of World War II

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african-americans-wwii-001World War II can be properly called one of the most critical occasions
throughout the entire existence of mankind. It significantly affected the improvement of the whole world,
and brought about the modification of numerous socio-political tenets, arrangements, and standards of
global relations.

World War II had numerous outcomes. The USSR lost more than 24 million individuals, both military and
regular people, and more than 21 million individuals were left destitute and in poor conditions (Fussell
745). Extraordinary Britain and France had both fell as realms, and European limits had been truly
redrawn. The United States of America professed to lead the remaking endeavors and began to lead
arrangement, coordinated to setting up itself as another superpower. In this manner, current geopolitical
level of influence on the planet can likewise be considered as one of the immediate outcomes of World
War II. Among numerous others, a few results of this war are felt even today, for example, the expansion
in people born after WW2 in the U.S., which continuedly affects the economy; cold wars and war
affectability, including the atomic weapons contest today; and the foundation of the U.S. as a main force
on the planet.

Between the years 1946 and 1964, an unexpected and huge increment in birthrate was distinguished in
the U.S. The explanation behind such an emotional development in populace is as yet a contested subject
among specialists. From the start, the U.S. invited this marvel by passing GI bills to improve training,
aptitudes and pay. Presently, the age of people born after WW2 is as of now resigning, or quick moving
toward retirement age. Presently, the expense of Social Security is rising quicker than the burdened pay
of the working populace (Lavery 56). Because of this reality, these days, it has become flawed whether
the American economy will have the option to manage the cost of things to come cost of Social Security,
as the person born after WW2 age keeps on resigning.

Another outcome of World War II is the proceeding with Cold War. One may state that it had finished quite
a few years prior, however, it despite everything goes on, however now it isn’t so exceptional (Lavery 76).
Country states burn through billions of dollars to build military force. Atomic weapons today have become
the weapons of decision. Discretion, joined with a show of military force, is regularly used to pressure
pioneers who direct strategies which are not the same as those which the world’s superpowers think
about attractive. Wars keep on impacting household approaches and characterize the full importance of
contentions.

World War II hit the U.S. economy—the consumption on military activity approximated more than 95 million
dollars. After it finished, the United States set up itself as a superpower and accepted the main job in
post-war recreation (Lavery 86). Today, the United States keeps on assuming the job of worldwide
sponsor, regardless of whether their assistance is required, meddling in household approaches of various
states and countries. This outcomes in numerous administration heads loathing U.S. approach and its
superpower status.

After World War II, worldwide clashes have been seen in an unexpected way. A century back, a war was
for the most part a nearby occasion, concerning just its immediate members (Fussell 87). Presently, a war
is a procedure which includes numerous sides, and has results which are frequently hard to anticipate.
Atomic arms appear to be the weapon of decision, and countries regularly feel enabled by showing their
arms for the whole world to see. To advance harmony and comprehension among countries, an
uncommon association, the United Nations, was built up.

The world keeps on feeling the weighty tremors of World War II through budgetary and monetary troubles.
Among the most evident outcomes of this war, one can bring up an impact of the children of post war
America age on the economy of the U.S., cold wars, atomic weapon races, and the foundation of the U.S.
as a main force on the planet.

References

Fussell, Jeremy. The War Bible. New York: Penguin Publishers, 2009. Print.

Lavery, Vanessa. One Long Kill. Seattle: Rain City Press, 2011. Print.

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