United States Department of Commerce
The United States Department of Commerce (DOC) is a Cabinet Department of the United States government which has a huge mandate to boost economic growth and jobs and provide opportunities for the American people. The US Department of Commerce was established to make American businesses innovative on the domestic front whereas competitive on the international front.[1]
The products and services the Commerce Department provides directly or indirectly touches the lives of all Americans as well as American companies in one way or another. It comprises of 12 different agencies that look after everything such as weather forecast trademark and patent protection for businesses as well as inventors, the decennial census and so on.[2]
The main goal of the DOC set at inception in 1903 was the development of commerce to provide new opportunities to Americans as well as American businesses. This remains the main goal of the department even today.[2]
Mission
The main mission of the US Department of Commerce is to ensure advanced economic growth and provide jobs and opportunities to American people. It also has some major responsibilities in areas such as entrepreneurship, economic development, environmental stewardship, trade and statistical research and analysis.[2]
The importance of DOC
The US Department of Commerce is assigned with the responsibility of supporting America’s economic growth and stability both at domestic as well as at international levels. This responsibility of the DOC becomes more critical at the times of a domestic recession or a global financial turmoil. The programs of the DOC are initiated with the motive of promoting trade, conducting research, developing technologies and measuring everything on a regular basis.
The research conducted by the DOC estimates the seats a state will get in the US House of Representatives. The DOC guides the government as well as the industry experts in keeping a track of the overall health of the economy and also helps them in framing the economic policies. [3]
References
- ↑ commerce.gov
- ↑ 2.0 2.1 2.2 commerce.govabout Department of Commerce
- ↑ whorunsgov.com