1. What are some of the ill effects that the 2007-2009 recession had on high income households and on the economy.
2. Does the stock market and real estate market have an impact on everyone (even those who are not invested in these markets)? Explain.
3. How did the 2007-2009 recession affect you or someone you know and your household or theirs. If you are not old enough to remember the recession, then please ask your parents or other older relatives how it affected them and comment on their experiences.