Discussion Topic
A major topic when talking about politics and economics is the health of the economy. Political candidates often run
for office proclaiming what they will do to improve the nation's economy and the economic opportunities available for
all Americans. But what does that mean? How do people and economists determine whether an economy is healthy or
not? This unit contains the answers to these questions. It examines the tools for economic data and measurement.
Think about your community. For you and your family, what does it mean for the country to have a strong or healthy
economy? What does it mean for the country to have a weak economy? What are some actions that can turn a weak
economy into a strong economy?

*Price levels and the inflation: if prices as requested high of many goods and they tend to increase faster, then it's not healthy and the economy is unstable.

*interest rates: if the interest rates are high and the borrowing costs are hig and keep increasing, it's a sign that the economy is not well.

*unemployment: if you see many of the people in your community are struggling to find a job , that's too is a bad sign.

*Presence of many imported goods and the lack of locally produced goods and the exports: if you see many foreign goods and not your local goods in the market, that could be a sign that the indigenous industries are struggling.

Explanation: