During the Great Recession (2007 - 2009), there was a higher percentage in higher education, where consumers globally invested their time and money. Both countries and individuals may believe higher education, such as attending a university or trade school, can help increase their incomes. "According to the United Nations Educational, Scientific, and Cultural Organization (UNESCO), enrollment in colleges and universities rose one-third in China and almost two-thirds in Saudi Arabia, nearly doubled in Pakistan, tripled in Uganda, and surged by three million18 percentin the United States". (Greenlaw, 2018, p. 148).

Pick a country and provide the following information:

1. Explain the citizens' impact of education on earnings and unemployment rates. Provide percentage rates for each of the following education completion levels:

• did not complete high school
• high school graduates
• college graduates (associate degree or bachelor's degree)
• graduate degree (master's degree or doctorate)?

2. What is the current unemployment rate, and what are the causes of unemployment in this country?

3. Please discuss how changes in income affect consumer choices for the country you have chosen.

• What types of changes would make a consumer decide to buy or not buy a product?

4. What impact has a disastrous event (global pandemic, recession, etc..) had on consumer choices and the country's economy?