Spending by the consumer sector is the driving force in the US economic system. Although the business and government sectors make a considerable contribution to the success of the economy, it is the spending by the consumer or household sector of the economy that determines prosperity or recession in the economy.
- Do you agree or disagree with this argument?
- Why or why not?
- How has the spending behavior of the government sector changed over the past decade, and what effect had these changes had on the economy?
- Justify your answers
Include sources. APA format