United States economic system in 2000-2010

US economic system in 2000-2010 Major Economic Events and Crisis in 2000-2010 Introduction The decade of 2000-2010 has been one of the most influential in the history of the United States. During these 10 years, the economy of the USA has been endured with terrorist attacks, two economic recessions, Wars in the Middle East, a housing meltdown, and the downturn in the U.S. stock market. Due to the importance of the following period in the U.S. history and economic development, this paper seeks to analyze the early recession period in the U.S. in 2000s and to discuss causes and effects of the Great Recession in 2007-2009. Moreover, this paper seeks to establish the fact that these two economic recessions have had the biggest influence on further economic development of the USA.