Making Wise Choices: Entertainment

 
9781500425760: Making Wise Choices: Entertainment
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Although there are more than 12.7 million Americans without a job, more than 1 million homes were foreclosed in 2013 (with an estimated 700,00 homes to be foreclosed this year), and the median family’s net worth dropped 39% ($77,000 in 2013 from 126,400 in 2007), Americans are addicted to their entertainment — and they are spending lavishly. Spending on entertainment and media in 2013 will reach a whopping $490 billion and is expected to grow 5% over the next few years to reach $597 billion in 2016. Global spending on entertainment and media will reach $2.1 trillion.

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