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.

1. Explain the impact of education on earnings and unemployment rates.

2. What is the current unemployment rate of the United States of America, and what are the causes of unemployment ?

3. How changes in income affect consumer choices in U.S.A

• 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 U.S.A.'s economy?