During the past 150 years, the U.S. has evolved from:
A) an agrarian economy to an information technology economy.
B) a business to business economy to a business to consumer economy.
C) an agrarian economy to a manufacturing economy to a service oriented economy.
D) a manufacturing economy to a service economy, to a cottage economy, and now we are trending back to an agrarian economy.

Question

Quizplus · Accepted Answer

The U.S. started as an agrarian economy with farming as the primary industry. Then, during the Industrial Revolution, it shifted to a manufacturing economy. As technology and automation increased, the economy evolved again into a service-oriented economy, where most jobs are based on providing services rather than producing goods. While there have been smaller trends towards different kinds of economies, such as the cottage economy, the primary evolution has been from agrarian to manufacturing to service-oriented.

During the Past 150 Years, the U