Final answer:
The statement is false; economic conditions significantly impact life decisions, affecting personal, business, and governmental decision-making processes.
Step-by-step explanation:
The statement that changes in economic conditions should not impact your life decisions is false. Economic conditions play a substantial role in shaping individual decision-making. For example, during a recession, an individual might delay purchasing a home or attending college due to uncertainty and constraints on financial resources. Likewise, when the economy is booming, people might feel more secure in making significant life decisions, like starting a business or expanding their family, because of increased job stability and income.
Furthermore, the market revolution in the United States, which encompassed various technological and industrial advances, indeed resulted in significant social and economic changes. Job opportunities shifted, societal norms evolved, and overall economic activity was transformed. Thus, we can determine that economic factors frequently influence demand and supply, affecting everyone's decisions at personal, business, and governmental levels.