Economic Issues of the 21st Century

s. Between 1974 and 1987 the United states saved less of its income than any other advanced industrial nation! While Japan was saving over 30% of its income and Canada, France, Germany, and the United Kingdom were saving over 20% of their income the United Stated was saving only 15 % of our income. In fact in the early 1990s the United States actually fell to less than 14%. However in 1995 personal savings began to increase. The reason for this was probably one of two reasons: 1) a trend to increase savings as baby boomers were starting to stash away some of there money for retirement and 2) a boom in the economy had started in 1995 whereby giving us more income to divert to some type savings or investment plan.
             4. Will the economy be able to grow with
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Economic Issues of the 21st Century. (2000, January 01). In MegaEssays.com. Retrieved 01:36, September 16, 2026, from https://www.megaessays.com/viewpaper/101039.html