(Answered):Spending By The Consumer Sector Is The Driving Force In The Us Economic System . . . .

Question Description

Discussion Question:

Spending by the consumer sector is the driving force in the US economic system. Although the business and government sectors make a considerable contribution to the success of the economy, it is the spending by the consumer or household sector of the economy that determines prosperity or recession in the economy.

• Do you agree or disagree with this argument?
• Why or why not?
• How has the spending behavior of the government sector changed over the past decade, and what effect had these changes had on the economy?
• Justify your answers

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