Unformatted text preview: How was this contradiction addressed? What happened? The problem is when everyone works hard enough to succeed we produce more than the minimum to live. One side had to give. We consumed more so that the production curve would equal out. 5. How did home ownership and college costs contribute to the “Downsizing of the American Dream”? The American Dream is to own a home have a good job and provide your kids with an education. Home ownership has increased but so has the price of owning a home. The cost of college has also drastically increased in the last couple of decades making it harder to afford both house payments and college tuition. One of the two must sacrifice and due to the sacrifice the American Dream has downsized....
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This note was uploaded on 06/28/2011 for the course BUSA 1101 taught by Professor Kostov during the Spring '11 term at Georgia Southwestern.
- Spring '11