Question

Think about your community. For you and your

family, what does it mean for the country to have
a strong or healthy economy? What does it mean
for the country to have a weak economy? What
are some actions that can tum a weak economy
into a strong economy?

Answer 1

If the country has a strong healthy economy you family will make money to survive and maybe have some left over to spend on items that aren’t overpriced. It would also be reasonable to buy a house or car because prices will be lower.

If the country has a weak economy then you are more at risk of being fired from your job and not make as much money. It would also be bad to buy expensive things because prices would be so high.

If people spend more money the economy grows but if for instance no one spent any money tomorrow then the economy would crash.