*Government Organizations and Economics. The USA is mostly a market driven economy, but the government has a substantial influence on the economy. Economists identify six major functions of governments in market economies. Governments provide the legal and social framework, maintain competition, provide public goods and services, redistribute income, correct for externalities, and stabilize the economy. There is also sometimes direct governmental involvement, that is more controversial, in providing funds for certain types of businesses or sectors of the economy that advance government policies, such as investments and incentives for green energy businesses.
There are many organizations involved in the economy of the USA. Amng the most important are the following Government Agencies:
(NOTE: When activating links on a PC, it is recommended to Right Click and select Open Link in a New Window.)
- Congressional Budget Office (CBO)
- Department of Agriculture. Food and Nutrition Service (SNAP, WIC, etc.)
- Department of Commerce.
- Federal Reserve.
- Department of Health and Human Services.
- Department of Housing and Urban Development.
- Department of Labor.
- Department of the Treasury.
Three major international economic organizations are the World Bank, the International Monetary Fund (IMF), and the World Trade Organization (WTO).
Bidenomics. Given the wide scope of Bidenomics, there is really is no one organizations established around Bidenomics. The most comprehensiv government site for information is the White House website. To go to that website, click here.