Question

Does the economic status of America impact your political views? Does the economic status of the...

Does the economic status of America impact your political views? Does the economic status of the country impact your family? Describe how the economy, politics, and family life all intersect in today's world.

Homework Answers

Answer #1

Economics status of America impacts political views such that American government looks stable and well efficient enough because of robust macroeconomic indicators and microeconomic numbers.

Economic status has minimal impact on family as family is majorly driven by personal incomes and consumption appetite and has least influence of economic behaviour.

A booming economy helps create job opportunities and thus disposable incomes rise and thus better family life with luxurious spending and consumption possible. Also booming economy indicates political stability and strong efficiency of government policies and implementation looks effective enough.

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