The term “US Economy” refers to the economic system of the United States, encompassing all activities related to the production, distribution, and consumption of goods and services within the country. It includes various sectors such as agriculture, manufacturing, services, and technology, and is influenced by factors like government policy, market dynamics, international trade, and consumer behavior. The US economy is one of the largest in the world and is characterized by a mixed economic system that combines elements of capitalism with some level of government intervention in markets. Key indicators of the US economy include Gross Domestic Product (GDP), unemployment rates, inflation rates, and trade balances. The economy is also shaped by monetary policy set by the Federal Reserve, fiscal policy enacted by the federal government, and the overall regulatory environment. The performance of the US economy can significantly impact global economic conditions, given its size and influence.
### Understanding the Financial Strain on Today's Youth A staggering one-third of Americans find themselves living paycheck to paycheck, but recent research highlights that women and Gen Z individuals—those aged…