lec_27_111B - ECN 111B: US Economic History since the ECN...

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Lecture 27 Lecture 27 (Last one!) (Last one!) Review: The Long-Run View of American Review: The Long-Run View of American Economic Development Economic Development ECN 111B: US Economic History since the ECN 111B: US Economic History since the Civil War Civil War Winter 2010 Winter 2010
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Lecture 27 Outline Lecture 27 Outline American Economic Development as a Challenge or a Triumph? Some review on US economic development Some other aspects of US economic History Final exam structure Farewell
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Two Views of American Two Views of American Economic Development Economic Development The US as a good example view: Growth has been strong, living standards are high, policy has stabilized the economy, highly innovative, human capital building. US development: good for some--not for others view: Growth has been marred by ups and downs, living standards are better but not as good as other similar countries, policy has worked but continuously faces new challenges. Distributional struggles: Farmers vs. industry, government regulation, natives vs. immigrants, capital vs. labor.
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Themes in Postbellum American Economic Economic Economic Growth Economic Development Factors of Production Labor, capital, land, technological progress Other aspects of the economy Financial system, economic policy, regulation and the law
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This note was uploaded on 11/08/2010 for the course ECN 111B 111B taught by Professor Unknown during the Spring '09 term at UC Davis.

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lec_27_111B - ECN 111B: US Economic History since the ECN...

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