Housing Marking Crisis (2008-Today) Task: Please identify ways the housing market crash affected average people, banks, and the world-wide market. Identify 2 effects for each and explain them in enough detail so that someone who was not in our class would understand.
Reflection Questions
Identify and describe 3 examples of short-term effects of specific economic reforms. Please include how they affected the economy as well as the overall society.
Identify and describe 3 examples of long-term effects of specific economic reforms. Please include how they affected the economy as well as the overall society.
Explain how economic systems work and the role they play in society.
Based on the thorough research we have done on economic reform, what are 3 examples of typical factors that lead to economic change?
Based on the economic trends that we have seen throughout history, make a prediction for where you think our economy is going in the next 20-30 years. Explain how you came to your conclusions.