Economics is a social science that looks at how people's unlimited and competing desires are satisfied by the scarcity of limited resources. For this reason, everyone can't have everything they want, so the economy must decide what is to be produced, how it is produced, and for whom it is produced for. In the US economy, this is decided by consumers and their buying habits. Whatever they buy is what is to be produced. It is produced how they want it. And it is produced for them because they have the money for it. We essentially have economic "votes" whenever we buy something.
For example, iPads! iPads are produced because we, as gluttonous consumerists, want a flat electronic device to entertain our limited mind spans. They are produced with high quality materials and cheap labor because we want the best thing at the lowest price. And it is produced for those who have enough money to buy it, which is some people in the US, but not all. So, the economy decided that not everyone gets an iPad because not everyone has money....sad....actually, not really...why would you buy it? Really, why??
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