'Economic questions' presentation slideshows

ECONOMIC SYSTEMS

ECONOMIC SYSTEMS. An organized approach to producing and distributing goods and services. Purpose is to make important decisions about the use and distribution of resources. All economic systems deal with the same problem SCARCITY unlimited wants vs. Limited resources.

715 views • 55 slides

Chapter 2

Chapter 2. Economic Systems. Answering 3 Economic Questions. Section 1. In your own words define the following terms and give an example of each. Producer Consumer Product Market. Bell Ringer. Identify the three economic questions

773 views • 48 slides

capitalism -

720 views • 34 slides

Chapter 1 What is economics?

451 views • 32 slides

Economic Decisions and Systems

CHAPTER 1. Economic Decisions and Systems. 1-1 Satisfying Needs and Wants 1-2 Economic Choices 1-3 Economic Systems 1-4 Supply and Demand. 1-1. Satisfying Needs and Wants. Goals Explain the difference between needs and wants. Distinguish between goods and services.

506 views • 31 slides

Macro the Big Picture

Piece 1 Systems. Macro the Big Picture. Can you define these terms? Traditional Command Market Private Property Socialism Communism Capitalism Bureaucracy Regulation. What do you know?. Answer this question in at least 4 sentences:

491 views • 26 slides

Do Now

Do Now. Please give me an example of the following resources: Human Natural Capital What are some questions a person must ask themselves if they want to open a business?. Scarcity Means There Is Not Enough For Everyone. Government must step in to help allocate (distribute) resources.

382 views • 25 slides

Income Distribution

T. Income Distribution. Overview. Introduction Wages and Salaries Income Inequality Interest Income, Savings, Rental Income & profit Circular Flow & Gross Domestic Product Causes of Income Inequality Government Programs to Reduce Poverty Who Is Poor? Regional Income Inequality .

651 views • 22 slides

Get Your Journals Out!

298 views • 21 slides

Economic Terms

1.19k views • 21 slides

Medieval European

Medieval European. Economic System. I can explain how incentives impact behavior I can describe the manorial system of medieval Europe I can analyze and select which economic system existed during the Middle Ages. Medieval?. What is Feudalism?. Feudalism: M edieval model of government

365 views • 21 slides

292 views • 21 slides

Basics of Economics

Basics of Economics.

377 views • 18 slides

ECONOMICS-THE STUDY OF HOW PEOPLE CHOOSE TO USE SCARCE RESOUCES TO SATISFY THEIR NEEDS AND WANTS.

ECONOMICS-THE STUDY OF HOW PEOPLE CHOOSE TO USE SCARCE RESOUCES TO SATISFY THEIR NEEDS AND WANTS. Needs- food, clothing and shelter Wants: desires, luxury items Economics involves:

329 views • 17 slides

Getting Started

1. Getting Started. CHAPTER. EYE ONS. Benefit Macroeconomics Rational Choice Ceteris Paribus Margin Scarcity Correlation Marginal Benefit Self-interest Economics Marginal Cost Social interest Goods & Services Microeconomics Sunk cost Incentive Opportunity Cost.

450 views • 12 slides

Final Exam Review

Final Exam Review. What is a mixed economy? Has both market and command economies What are the natives of Australia called? Aborigines What are taxes on imported goods? Tariffs Getting paid every two weeks is your ___________ Income. What is the Panama canal?

162 views • 11 slides

The Traditional Economy

The Traditional Economy. Sometimes people work for free. You might help a friend or do a favour for a neighbor. In the traditional economy , most production is for shared use by a group or family. Profit is not the goal of production and little, if any, money changes hands.

793 views • 11 slides

Different World Economies

Different World Economies .

164 views • 11 slides

The Economic System of Rhombus

214 views • 9 slides

Warm-up for 01.18.12

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