Reference no: EM132283875

Question 1 details:

The American Dream

Unit 1 Overview

Questions:  Answer fully and in detail.

1. How would you define the American Dream?  How important is money as a measure of success?

2. Is this idea unique to the USA?  Is there a Canadian, British or Scandinavian dream?  Was it originally intended to be unique to the USA?

3. As individuals, do we have a right to expect certain things to be provided by the system, such as health care, education, minimum level of subsistence, food/ shelter, etc.?

4. Is the American dream still a possibility for those who are new to this country?

5. Is it still realistic to think about becoming wealthy in this country?

6. How would you answer critics who say that the “American Dream” has become the “American Daydream” with hopes of a lottery win or TV show fame rather than hard work?

7. What role—if any—should government assume in keeping the dream alive?

8. The American Dream is almost impossible to separate from our work ethic…should we pay more attention to the non-work part of our lives? The Europeans say that we live to work and they work to live.  Who comes closer to the ideal?

Question 2:

Economics 2301

Discussion Board- Unit 4

The Financial Crisis:  Who is to Blame?

"That's Where the Money Is"

1. In your own words, why did the debt problem occur?

2. Is it better for our economy to allow free market forces to govern our financial services or should there be more regulation by the Federal government and the Federal Reserve?

3. Should consumers be more protected by better laws or should the idea of "consumer beware" apply in these markets?  Has unfair, predatory lending been taking place at the expense of the borrower?

4. Should government help the large banks and brokerage firms and "bail them out" of these bad loans?

5. How much help should be given to borrowers who are in trouble with their mortgages?

6. Does the Federal Reserve have too much power?  Did they overstep their authority in the ways that they have dealt with the problem?

7. What is your opinion of “moral hazard” concerns?

8. What “safeguards” have been put in place since the 2008 crisis?  Should they be relaxed, today?

Attachment:- Discussion 1 and 2.rar