HIS FPX 1150 Assessment 2

Historical Analysis

While studying the economic change in the United States, the emphasis is on improving the financial status of the nation as a whole (Marist.edu, 2020). While undergoing transformations in the economy, efficient use of resources and seeking greater revenues become a matter of high priority. Therefore, the foundations have the ability to produce a capital stock, for which an equal consideration of all modalities becomes essential for a successful economic change.

In order to drive the economy forward, there arises the need for tax cuts, marking a possible metamorphosis in the economy to a larger extent. The focus is put on the utilization of the available infrastructure side by side with the rate of economic growth. The fast economic growth results in more jobs, promoting better economic growth through shareholders’ participation.

Credibility of Sources 

The main source, which was written in 1917, promotes self-reliance in people who, even though they depend on others for support, are drained of resources. The main objective of the essay is to enhance the aspiration of people to realize their full potential and escape their existing situation. It targets Americans who opted to move out of the United States to the South in search of a better economic future. In spite of recent controversies over the author’s books, the author is not bothered, taking a neutral approach while commenting on real-life events. Released in 1933, the source is a first-hand reference providing insight into the importance of America’s banking system, with customers making deposits and transferring funds through accounts at safe financial institutions. The source is intended to demonstrate how money functions among financial institutions and offers varied services to the public. With or without difficulties caused by the impending weekend, the author, who was not present during recording, is still committed to bringing people prosperity.

Impacts of Historical Events

An era of transformation characterized the American economy between 1916 and 1921, with South American citizens living in the worst quality of life because of budget limitations (Npr.org, 2019).Strategies to improve the current economic environment and quality of life involve individuals looking for ways to quickly sell their services, mirroring the noted economic shifts. Effects of Historical Events (Cont.) Incorporating Evidence-Based Practice (EBP) adds additional economic stability. Yet, the evidence does not cover natural resources and women’s contribution to the economy. Its efforts are geared towards empowering women to become economically contributing individuals in their societies.

HIS FPX 1150 Assessment 2 Historical Analysis 

Critical Thinking 

Observations show that the materials presented highlight the universality that people need to provide their expertise in the market in order to live a good life (Historymatters.gmu.edu, n.d.).

Instead of waiting passively for help, proactive action is deemed a wise strategy.

Inconsistencies in sources and data show that women’s productivity in the workplace is underutilized. The effective use of female involvement is considered more apt to meet economic development objectives during the stated timeframe. To hinder the pace of economic transformation, the presentation implies giving more priority to the inbuilt ability of the entire labor force, putting more emphasis on the inclusion of women.