Tuesday, February 12, 2013
Markets
The strengths and weaknessess of the American market economy are the consumers. We are both the strengths and the weaknesses. When we see a "in-style" item, we will stop buying and consuming one item and go to the next. Since a consumer is not perfect, then that means the system cannot be perfect. For example, this year combat boots came into style and other shoes like Uggs and other boots lost some of their "status". Other things in the economy that make it strong is the unlimited quote "needs" of everyone. In America we buy buy buy. In the American economy, some things do well, and others do not.
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