It has been said that we are a "debtor society" meaning our overall economy is built on debt. Debt, quite frankly,that we enter into willingly to buy things likehouses, carsor anything else we desire. We don't really need some of the things we buy with debt but sometimes we do anyway.

Watch the attached videos and answer the following questions in detail using no less than 500 words: Be sure to structure this as a paper you are submitting electronically. Follow the guidelines in the syllabus and welcome announcement.

1) What would happen if we as a society stopped obtaining debt?

2) How does debt continue to influence our economy?

3) Is there such a thing as "good debt"?

https://wetheeconomy.com/films/that-film-about-money/(Links to an external site.)

https://wetheeconomy.com/films/that-second-film-about-money/