'Make economic choices' presentation slideshows

The Private Enterprise System

The Private Enterprise System. Principles of Business Project 2 :: What Would You Do?. Economic Systems. Every society develops a system for making decisions about how it will use its resources These economic systems must answer the following questions:

399 views • 33 slides

486 views • 26 slides

Vocabulary

Vocabulary. Trade-off- The act of giving something up to gain something else. Opportunity Cost- The value of the alternative that was lost in a decision. Economic Decision Making Model- Used to make decisions on the best way to use our limited resources. Warm up?. What is economics?

221 views • 14 slides