US Economy (Laws on Buisness)

The US government has enacted laws on to the public under the belief to stop major monopolies by a single company, and to make sure that completion is not limited. They do this by putting laws that limit the production or put heavier taxes on larger companies income. The government has laws in place that will stop mergers that will make smaller companies have a harder time getting bigger. This can stop companies from growing thus causing them to stagnate and lose to their competition if they do not find ways to keep grow in new directions.

The government regulates how much corn and other products a farm can sell due to the randomness of crop output and income. The government does this by looking at the output and limit what is essential to keep the prices of these farm products from being worthless. This though can cause farmers to go out of business due to a lack of funds and income of money from goods; this caused if the government limits the amount that can be sold, too much. 

US Economy ( Inflation of the dollar)

On top is the current US dollar while on the bottom is the old US silver backed dollar. The silver backed dollar's value changed depending on the amount of silver the US owned. While the current US dollar has no backing thus can be printed indefinably by the government and its only value is in the minds of the people. This has led to a gross over printing of the dollar causing inflation making the dollar worth 95% less than it did in 1914.

Introduction to an Economic comparison

This blog will cover the differences and similarities of the US and Bolivian economies. In the blog I will cover which nation has the highest regulations and why the government has installed them. Also what laws the separate governments have put on their businesses such as new taxes, or limited production when the government believes it best; I will be looking it to how the government's laws effect the success of businesses. Whether inflation is caused by random events or by the control of the government using up more money than they have. I will show what successful businesses do to achieve their standing depending on the nation. In the following posts I will show what is listed above between these two nations economies figuring out what makes them work and or not work.