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Describe the new economy of the U.S.  Are we 'lucky' to be living in the U.S. compared...

Describe the new economy of the U.S.  Are we 'lucky' to be living in the U.S. compared to 100 years ago?  Fifty years ago?  

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Ans. The New Economy of the US can be described as a Highly Technologically Advanced Economy which is very vibrant and developed in every sphere. US economy have transformed itself from a manufacturing based economy to a Service Sector Based Economy and majorly after the dot - com - bubble. E Companies are emerging , everything is digital , consumer convenience is topmost , innovation is expanding etc. Yes , we are definitely fortunate to be living in present US because it offers us all the opportunities and comforts which were impossible to be dreamt of 100 years ago or 50 years ago. But , as it is said , that every time has its own beauty. So , there are both merits and demerits of present world as compared to 100 years or 50 years ago.

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