ECON2301 2022SP Principles of Macroeconomics

Minimum 500 words

You are asked to use at least two outside resources, which should be listed in a simple bibliography (URL) so that others may go to those sites. Try to include the bibliography with your original posting to minimize total entries. At least two (or more) URL references should be included.

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?

9.Are you happier if you are wealthier?

This video is a bit dated but still provides wonderful insight into the development of the American Dream—especially after the Coronavirus and the unrest that has swept most of the country.

The video may require some time to buffer but there is also a written transcript below the viewing window.

Video:

http://billmoyers.com/segment/angela-glover-blackwell-on-the-american-dream/#.UEo1tzoYfLw.email