Economic history of the United States

The economic history of the United States reflects its growth from a mainly agricultural society to a global industrial and technological leader. Key periods include the Industrial Revolution, which powered rapid manufacturing and urbanization; the Great Depression of the 1930s, which prompted major economic reforms; post-World War II expansion, fostering consumerism and innovation; and recent shifts toward technology, finance, and services. Throughout, government policies, technological advancements, and global trade have shaped economic trends, helping America achieve significant wealth and influence, but also facing challenges like inequality, financial crises, and adapting to rapid technological change.