USA 9

What is the main focus of the presentation?

• Causes of the 2008 Financial Crisis

• Role of the State in the U.S. Political Economy

• The United States' Economic Power

• Political and Economic Challenges in the United States

What percentage of the world's population does the United States have?

• 20%

• 15%

• 10%

• 4%

During which administration did welfare spending per poor recipient fall?

• Clinton administration

• Obama administration

• Reagan administration

• Bush administration

What is the percentage of social expenditures in the U.S. compared to other advanced democracies?

• 10% of GDP

• 25% of GDP

• 20% of GDP

• 15% of GDP

What caused a spike in welfare expenditures in 2008?

• Financial crisis

• Income inequality

• Globalization

• Economic recovery