What the financialization of the US economy means

Reference no: EM132661760

Shorter answers: 250-300 words each

Discussion 1: Explain what the "financialization" of the US economy means. Then, cite at least one piece of evidence that it has indeed happened or is a valid notion, and one of the outcomes of financialization.

Discussion 2: Why does our capitalist economy encourage excessive consumption or consumerism? In other words, how is a capitalist economy tied to consumption? What is one effect/outcome of this excessive consumerism in the US that was discussed in the course materials in that unit?

Reference no: EM132661760

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