1.Why did you choose to study economics (household management)?

2.How can setting goals help in the decision making process? Why is it important to have goals or top priorities? What is one of your personal goals (what do you want to accomplish this year)? What is your long-term goal (where do you see yourself in five years)?

3. In your opinion: what are three major economic challenges for the U.S., and / or the World? How do these challenges affect you and your family? How do these challenges relate to the principle of "household management" ?

Hi I just need a little help on question number three. I think the three major economic challenges for the U.s or the world are the high rate of unemployment and under employment, high rates of poverty and low growth, and the increase in inequality. I just do not know how I would explain these challenges that may relate to the principle of household management?