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{{See also|MAGAnomics}}
 
{{See also|MAGAnomics}}
 
Although the [[United States]] is rich in natural resources, some people maintain it has a highly diversified economy.<ref>[https://www.thebalancemoney.com/how-natural-resources-boost-the-u-s-economy-3306228 U.S. Natural Resources]</ref><ref>[https://www.worldatlas.com/articles/countries-with-the-most-diverse-economies.html#:~:text=Most%20Diverse%20Economies-,Japan,the%20sophistication%20of%20its%20exports. Countries With The Most Diverse Economies]</ref><ref>[https://www.nationsencyclopedia.com/economies/Americas/United-States-of-America-OVERVIEW-OF-ECONOMY.html#:~:text=Although%20there%20is%20great%20diversity,agriculture%20accounts%20for%202%20percent. United States of America - Overview of economy], Encyclopedia of the Nations  Americas  United States of America</ref> Others, such as [[Donald J. Trump]], would dispute this; the US has primarily a service sector economy with 68% of all jobs in the service sector and a massive reduction in manufacturing jobs since the early 2000s,<ref>https://www.huffpost.com/entry/manufacturing-is-a-job-multiplier_b_58adedede4b01f4ab51c7582/amp</ref> hollowing out the [[middle class]].<ref>https://www.forbes.com/sites/ericjackson/2011/04/27/how-do-you-fix-the-hollowing-out-of-the-middle-class/?sh=1028d6e916f9</ref> Nowhere was it more obvious than during the [[covid pandemic]], when the public realized America was dependent on foreign imports from [[China]] for [[antibiotic]]s, covid masks, or other [[PPE]]s.<ref>https://www.youtube.com/watch?v=wwxEYY7K-Jw</ref> Likewise, the [[NATO war in Ukraine]] highlighted America's loss of an industrial manufacturing base to build and supply weapons or replenish stockpiles.<ref>https://www.rusi.org/explore-our-research/publications/commentary/return-industrial-warfare/</ref>
 
Although the [[United States]] is rich in natural resources, some people maintain it has a highly diversified economy.<ref>[https://www.thebalancemoney.com/how-natural-resources-boost-the-u-s-economy-3306228 U.S. Natural Resources]</ref><ref>[https://www.worldatlas.com/articles/countries-with-the-most-diverse-economies.html#:~:text=Most%20Diverse%20Economies-,Japan,the%20sophistication%20of%20its%20exports. Countries With The Most Diverse Economies]</ref><ref>[https://www.nationsencyclopedia.com/economies/Americas/United-States-of-America-OVERVIEW-OF-ECONOMY.html#:~:text=Although%20there%20is%20great%20diversity,agriculture%20accounts%20for%202%20percent. United States of America - Overview of economy], Encyclopedia of the Nations  Americas  United States of America</ref> Others, such as [[Donald J. Trump]], would dispute this; the US has primarily a service sector economy with 68% of all jobs in the service sector and a massive reduction in manufacturing jobs since the early 2000s,<ref>https://www.huffpost.com/entry/manufacturing-is-a-job-multiplier_b_58adedede4b01f4ab51c7582/amp</ref> hollowing out the [[middle class]].<ref>https://www.forbes.com/sites/ericjackson/2011/04/27/how-do-you-fix-the-hollowing-out-of-the-middle-class/?sh=1028d6e916f9</ref> Nowhere was it more obvious than during the [[covid pandemic]], when the public realized America was dependent on foreign imports from [[China]] for [[antibiotic]]s, covid masks, or other [[PPE]]s.<ref>https://www.youtube.com/watch?v=wwxEYY7K-Jw</ref> Likewise, the [[NATO war in Ukraine]] highlighted America's loss of an industrial manufacturing base to build and supply weapons or replenish stockpiles.<ref>https://www.rusi.org/explore-our-research/publications/commentary/return-industrial-warfare/</ref>
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The United States is reshoring its supply chains and producing more things domestically for several reasons and this will give it more security from foreign disruptions.<ref>
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*[https://www.forbes.com/sites/billconerly/2023/08/19/us-manufacturers-reshoring-but-it-will-take-a-long-time/?sh=4081a5e54c91 U.S. Manufacturers Reshoring, But It Will Take A Long Time], Forbes, August 19, 2023
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*[https://www.cnbc.com/2023/06/01/reshoring-more-domestic-manufacturing-due-to-supply-chain-disruption.html Firms are bringing production back home because of the Ukraine war, China’s slowdown — and TikTok], NBC News, June 1, 2023
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*[https://www.sme.org/technologies/articles/2023/october/reshoring-and-restoring-u.s.-manufacturing/ Reshoring and Restoring U.S. Manufacturing], October 23, 2023
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*[https://www.rbccm.com/en/story/story.page?dcr=templatedata/article/story/data/2023/07/a-new-wave-of-reshoring-for-us-manufacturers A New Wave of Reshoring for US Manufacturers]
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*[https://www.youtube.com/watch?v=7GgxbBzQfQk Trade and Reshoring in the USA], video
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*[https://www.eweek.com/it-management/reshoring-alleviates-supply-chain-issues/ Reshoring Alleviates Supply Chain Issues – But It Needs Tech to Control Costs], eWeek, August 10, 2023
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*[https://www.americanmanufacturing.org/blog/mckinsey-study-shortened-supply-chains-are-coming/ McKinsey Study: Shortened Supply Chains are Coming]
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*[https://www.youtube.com/watch?v=Yr0VQxfjAQI The Future of Ohio: Manufacturing Growth and Political Shifts || Peter Zeihan]</ref> First, due to Covid-19 disruptions in production in China. Furthermore, China is facing an aging populations with a shortage of workers due to their previous [[One-child Policy]]. East Asia as a whole with its subreplacement level of births will also face labor problems in the future as well. As a result, America will face a lower risk of its supply chains disruptions due to countries not being able to keep up with demand or foreign powers militarily disrupting its supply chains. The net result of this is the USA will have a lower need to project its power overseas. The USA having less of a need to be the world's supply chain protector and policeman will cause a less globalized economy and more of an emphasis on regional/local economies. See: [https://www.rbccm.com/en/story/story.page?dcr=templatedata/article/story/data/2023/07/a-new-wave-of-reshoring-for-us-manufacturers A New Wave of Reshoring for US Manufacturers] and [https://www.americanmanufacturing.org/blog/mckinsey-study-shortened-supply-chains-are-coming/ McKinsey Study: Shortened Supply Chains are Coming]
    
=== The USA was among the most 10 most diverse economies in 2018 according to the Word Atlas website ===
 
=== The USA was among the most 10 most diverse economies in 2018 according to the Word Atlas website ===
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