'Basic economic problem' diaporamas de présentation

Economic Review vocabulary

Economic Review vocabulary. Economics. is the social science that studies the production, distribution, and consumption of goods and services. Scarcity.

1.12k views • 97 slides

Principles of Business, Finance and Marketing

Principles of Business, Finance and Marketing. Units 1 & 2 Economic Decisions and Systems. Unit 1.01. Satisfying Wants & Needs Economic Choices Economic Systems Supply and Demand. Satisfying Wants and Needs. Wants Not necessary for survival, but add comfort and pleasure to our lives

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CHAPTER ONE: WHAT IS ECONOMICS?

CHAPTER ONE: WHAT IS ECONOMICS?. OBJECTIVES: FUNDAMENTAL ECONOMIC CONCEPTS SSEF1: THE STUDENT WILL EXPLAIN WHY LIMITED PRODUCTIVE RESOURCES AND UNLIMITED WANTS RESULT INSCARCITY, OPPORTUNITY COSTS, AND TRADE-OFFS FOR INDIVIDUALS, BUSINESSES, AND GOVERNMENTS.

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Chapter 1: The Economic Way of Thinking

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Consumer Economics Unit 2

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What is Economics?

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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.

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Econ for IGCSE students Revision book

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Final Exam Review Answers

Final Exam Review Answers. unlimited. limited. scarcity. _______-Characteristics of Wants ______-Characteristics of Resources _______- the basic economic problem Four Factors of Production _______- natural resources/ raw materials _______- machinery/ equipment/ the factory

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Chapter 1.1: Scarcity & the Science of Economics

Chapter 1.1: Scarcity & the Science of Economics. Objectives. Explain the fundamental economic problem. Examine the 3 basic economic questions that every society must answer. List & give examples of the 4 factors of production. Section Key Terms. scarcity economics need want

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Resolving Scarcity

Resolving Scarcity. Finite Resources. All countries have water, minerals, soil, plants and people. However, there are limited or finite resources. These resources are scarce. These are the 4 factors of production. Infinite wants. Needs include things like survival , water , shelter.

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Understand responsible earning and spending

Understand responsible earning and spending. 4 basic economic activities of consumers . Earning Spending Saving Borrowing. Student activitiy - earning . When was the last time you did something to earn money? How did you earn it? How did this make you feel?. Student Activity - spending.

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Economics & Sports & Entertainment Marketing

Economics & Sports & Entertainment Marketing. What is economics?. Study of the choices and decisions that affect making, distributing and using goods and services. Basic Economic Problem:. Wants and needs are unlimited Limited Resources (natural resources, capital, and equipment. land).

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Chapter 1 Economic Decisions & Systems

Chapter 1 Economic Decisions & Systems. Business Essentials Mrs. Wilson. BEFORE ACTIVITY. Think-Pair-Share Define and list an example of a need and a want. In this lesson, students learns to distinguish between wants and needs and between goods and services. 1-1 Satisfying needs & wants.

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