The Structure of the American Economy, Vol. 1: Basic Characteristics; A Report Prepared by the Industrial Section; June 1939 (Classic Reprint) - Hardcover

Name: The Structure of the American Economy, Vol. 1: Basic Characteristics; A Report Prepared by the Industrial Section; June 1939 (Classic Reprint)
Author: Gardiner Colt Means
ISBN: 9780260734754

Gardiner Colt Means

9780260734754: The Structure of the American Economy, Vol. 1: Basic Characteristics; A Report Prepared by the Industrial Section; June 1939 (Classic Reprint)

Hardcover

ISBN 10: 0260734756 ISBN 13: 9780260734754

Publisher: Forgotten Books, 2018

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This book examines the structure of America's pre-World War 2 economy by analyzing the economic forces that determine the use of national resources. The author contends that the national economy is an organized system in which the misuse of resources through waste, exploitation, or idleness constitutes ineffective resource use, leading to lower standards of living. The author provides a detailed overview of consumer and resource structures and their impact on economic activity, with attention to geographical, functional, and financial aspects. The book also examines the role of government and the market mechanism in organizing economic activity, and discusses the impact of changes in consumer wants, technology, and income distribution on economic structure. By providing a comprehensive framework for understanding the American economy, this book offers valuable insights into the causes of economic fluctuations and the challenges facing economic policymakers in ensuring effective use of resources for the benefit of society.

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