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Economic system answers - PowerPoint PPT Presentation

Essential Standard 1.00

Essential Standard 1.00. Understand the role of business in the global economy. Created by Laura Hodges. Objective 1.01. Understand economic systems. Topics. Satisfying needs and wants Basic economic problem Six steps of economic decision-making Main types for economic systems

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488 views • 34 slides

Essential Standard 1.00

Essential Standard 1.00. Understand the role of business in the global economy. Objective: 1.01 Understand economic systems. Topics. Satisfying needs and wants Basic economic problem Six steps of economic decision-making Main types for economic systems

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391 views • 27 slides

Economic Systems and Their Role

Economic Systems and Their Role. Human Wants & Needs. Needs... are necessities for life such as food, shelter, and clothing. Wants... are things that people desire, but do not need to survive. Both needs and wants are unlimited because people tend to want more and more. Scarcity.

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202 views • 19 slides

Essential Standard 1.00

Bell ringer: This is for a participation grade. Draw the five column chart below . You have just won a million dollars. List seven items you would buy or things you would do? . Essential Standard 1.00. Understand the role of business in the global economy. Objective 1.01.

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154 views • 0 slides

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Economic system answers - PowerPoint PPT Presentation

Essential Standard 1.00

Essential Standard 1.00

Economic Systems and Their Role

Essential Standard 1.00