Re-Engineering the U.S. Economy

July 2011
Trends Magazine;Jul2011, Issue 99, p4
The article provides an account of technological-economic revolutions in the U.S. and presents economic forecasts. It mentions waves of revolutions including Industrial Revolution in 1771, perfection of coal-powered steam engine in 1829, and wide-spread use of information technology. It cites the three phases of revolutions including installation, transition, and deployment. It also forecasts that economic recovery will continue to struggle amidst failed deficit spending and stimulus package.


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