Assignment:
Please see below link.
https://www.csmonitor.com/2008/1023/p01s01-usec.html
As US shoppers retreat, can world thrive?
Consumers were the biggest engine of global growth. But indebtedness prevents that now.
By Peter Grier | Staff writer of The Christian Science Monitor
from the October 23, 2008 edition
In 500 to 600 words, please analyze the basis for the trends in consumption patterns as discussed in the article. In your analysis, consider the utility derived from the products mentioned in the article, describe what has occurred to change the demand for, or the supply of, the good or service, and market prices of those products or services.
If you use other articles and/or references (prefer U.S. articles & references), please provide me the link so I can reference the info.