Collapse of the American Dream -
Standard 11. - The overall performance of an economy can be influenced by the fiscal policies of governments and the monetary policies of central banks.
Benchmark - 9.2.5.11.2 - Describe how various monetary policies of the Federal Reserve are implemented; explain how they are likely to impact overall output, employment, and the price level.
- Economy influenced by fiscal and monetary policies
Here is an animated look at how the collapse of the housing industry occurred, and why it seems that nothing is being done for the individuals and small businesses most directly influenced by these policies.
"http://www.youtube.com/embed/X4kR-Mnu5O4?feature=player_detailpage"
Task: Click on the above link to the you tube video, watch it, and respond to it.
When finished give feedback as to the helpfulness of the video. Please write at least five sentences minimum. You may summarize the information or give your opinion of the the information provided. Was it biased against big government? Does it slant towards one political party affiliation? Does it offer a solution to the problem? What is the Problem? Etc...