Answer:
Americans stopped saving when their incomes stopped growing
The poor and middle class went into debt to buy houses
U.S. policies make it easy to not save money.
The U.S. is uniquely susceptible to conspicuous consumption.
The pressure to keep up with richer neighbors has been greatly exacerbated by rising income inequality
Answer:
Spain brought African Americans for slave labor. While Native Americans were forced to be suppressed and living in fear of men killing them with stick that shoot fire, and diseases they hadn't built an immune system for
So many settlers moved here because of the soil, it was really rich for farming and could support lots of cattle on the land. Many farmers settled here.
Answer:
Industrialization also exacerbated the separation of labor and capital. Those who owned the means of production became disproportionately rich, resulting in wider income inequality. Industrialization impacted society in other ways. Workers were forced leave their families and migrate to urban areas in search of jobs.
