(p. 458-463)
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
bull Some people agreed with Pres Bushrsquos
attempt to bring Saddam Hussein from
power in Iraq and some did not
(p 458-463)
bull Since the late 1970s and early 1980s technology has done nothing but grow and advance
bull Jobs that include inventing building or using computers and other electronic equipment are a part of an industry called the High-Tech Industry
bull These jobs have become very important for our economy today
bull The first computer ever used called ENIAC was built to be used in WWII
bull It was as large as a room and the reason we say that a computer has a ldquobugrdquo today is because the first computer was so large that it really would get actual insects in it that would cause it to break down
bull Computers were mainly used to store and sort information (mostly numbers)
bull However in 1971 the microchip was invented and it allows all the information that once took up a room to now fit on one tiny chip WOW
p 458
bull After the microchip was invented in the early 1970s smaller computers started surfacing as well
bull In 1977 the Apple computer was presented to the world and in 1981 IBM (International Business Machines Corporation) introduced the first ever personal computer (PC)
bull By the end of the 1980s Americans found PCs popping up everywheremdashlike homes offices libraries and schools
(The original 1977 Apple computer)
bull Just like the first computer the internet was first developed by the military
bull In 1968 the US Department of Defense set up the internet (a network that links computers around the world to exchange information) to communicate while in other parts of the world
bull In the 1980s colleges and universities began using the internet for updated research information
bull Then it became available to everyday Americans in 1992 with the development of the World Wide Web (the Web for short)
bull All of a sudden Americans started spending their time ldquosurfing the webrdquo to communicate research and shop
bull The web allows quick communication through electronic mail (email)
bull Email allows people to send documents pictures sounds and videos to each other instantly through cyberspace (the virtual world of networked computers) we do not have to wait on the postal service anymore
bull The web also allows us to do business called electronic commerce (eCommerce) by allowing the buying and selling of goods though a network
bull People all over the world are on the World Wide Web and because of the internet the world seems much smaller than it used to
bull Can you imagine your life without the web
bull The Internet grew and grew and
grew Look
bull httpnewsbbccouk2hi8552410stm
bull With the computer age came a new lingo People started abbreviating words and new words formed
o dot com
o software
o log on
o browser
o boot up
o FAQmdashFrequently Asked Questions
o SPAMmdashSelf Promotional Advertising Message
o IMmdashinstant message
o ttyl
o )
o idk
o thx
o CUL8R
o lol
o jk
o gtg
o brb
o FYI
bull You can tell what type of website you
are visiting by looking at the end of the
address
ndash com is a computer site
ndash net is a network site
ndash org is an organization site
ndash edu is an educational site
ndash gov is a government site
bull The mobile (cellular) phone was developed in the early 1980s and it looks much different from the phones of today
bull The first cellular network (Motorola) was launched in America in 1983
bull Cell phones have advanced and are becoming even more advanced today
bull Technology has completely changed Americarsquos way of life
ndash We live by cell phones and computershellip
ndash We rely on mp3 players digital cameras and video games for entertainmenthellip
ndash The military conducts its work by depending on the accuracy of technologyhellip
bull Can you imagine what type of world we will have after 20 more years of technological growth WOW
bull There are dangers that have arisen since the advancement of technology though
ndash Cell phone use while driving bull Talking AND textinghellip
ndash Inactivity in children bull Videocomputer games versus outside
ndash Internet privacy bull You NEVER know who is really at the other end
of a computerhellip
bull Once itrsquos on there you canrsquot get it offhellip
bull Because our nation is so technologically
advanced much of our current economy
has come to depend on computers and
the internet
bull Data is stored and sent from business to
business by computers
bull Buying and selling of goods and services
through eCommerce is necessary for
some businesses to function
bull Remember the law of supply and
demand
bull Low Supply = High Demand
ndash there isnrsquot much to go around and
consumers will pay more for it
bull High Supply = Low Demand
ndash there is too much to go around and
consumers will not pay much for it
bull A consumer is who buys a product
bull A manufacturer is who makes a product
bull A business is the buying and selling of products
bull The entire purpose of a business is to make a profit in the end
bull A profit is how much money is left over after everything has been paid for
bull There is a close relationship between a
consumer and a business and a
manufacturerhellip it all works in a cycle
Consumer
Manufacturer
Business
bull The American economy is an interdependent (to depend on one another for goods and services) economy for two reasons
ndash Within America certain states rely on other states for goods and resourcesmdashLocal Economy
ndash The United States depends on other countries in the world for goods and resourcesmdashGlobal Economy
bull Within our economy one business affects anotherhellip which can affect anotherhellip and so on (Cause and Effect)
Francis gets a job at Walmart
Francis gets paid
Francis spends earnings and
buys a computer
Office Depot makes money
Office Depot can hire another
worker Earl gets a job
Earl puts money into the bank
The Bank loans out money to
Loraine
Loraine buys a house
GA Power provides
electricity for the house
GA Power makes enough profit to open a new site
Opening of a new site creates
300 new jobs
AND SO ONhellip AND SO ONhellip
bull A business depends on many factors in order to make a profit Some are
ndash Resources Are the resources necessary for making the good readily available
ndash Consumers Do your consumers like the product and do they demand more
ndash Location Are you located in an area of high traffic
ndash Manufacturing Can you supply enough quality goods in a good amount of time
bull Since the late 1970s and early 1980s technology has done nothing but grow and advance
bull Jobs that include inventing building or using computers and other electronic equipment are a part of an industry called the High-Tech Industry
bull These jobs have become very important for our economy today
bull The first computer ever used called ENIAC was built to be used in WWII
bull It was as large as a room and the reason we say that a computer has a ldquobugrdquo today is because the first computer was so large that it really would get actual insects in it that would cause it to break down
bull Computers were mainly used to store and sort information (mostly numbers)
bull However in 1971 the microchip was invented and it allows all the information that once took up a room to now fit on one tiny chip WOW
p 458
bull After the microchip was invented in the early 1970s smaller computers started surfacing as well
bull In 1977 the Apple computer was presented to the world and in 1981 IBM (International Business Machines Corporation) introduced the first ever personal computer (PC)
bull By the end of the 1980s Americans found PCs popping up everywheremdashlike homes offices libraries and schools
(The original 1977 Apple computer)
bull Just like the first computer the internet was first developed by the military
bull In 1968 the US Department of Defense set up the internet (a network that links computers around the world to exchange information) to communicate while in other parts of the world
bull In the 1980s colleges and universities began using the internet for updated research information
bull Then it became available to everyday Americans in 1992 with the development of the World Wide Web (the Web for short)
bull All of a sudden Americans started spending their time ldquosurfing the webrdquo to communicate research and shop
bull The web allows quick communication through electronic mail (email)
bull Email allows people to send documents pictures sounds and videos to each other instantly through cyberspace (the virtual world of networked computers) we do not have to wait on the postal service anymore
bull The web also allows us to do business called electronic commerce (eCommerce) by allowing the buying and selling of goods though a network
bull People all over the world are on the World Wide Web and because of the internet the world seems much smaller than it used to
bull Can you imagine your life without the web
bull The Internet grew and grew and
grew Look
bull httpnewsbbccouk2hi8552410stm
bull With the computer age came a new lingo People started abbreviating words and new words formed
o dot com
o software
o log on
o browser
o boot up
o FAQmdashFrequently Asked Questions
o SPAMmdashSelf Promotional Advertising Message
o IMmdashinstant message
o ttyl
o )
o idk
o thx
o CUL8R
o lol
o jk
o gtg
o brb
o FYI
bull You can tell what type of website you
are visiting by looking at the end of the
address
ndash com is a computer site
ndash net is a network site
ndash org is an organization site
ndash edu is an educational site
ndash gov is a government site
bull The mobile (cellular) phone was developed in the early 1980s and it looks much different from the phones of today
bull The first cellular network (Motorola) was launched in America in 1983
bull Cell phones have advanced and are becoming even more advanced today
bull Technology has completely changed Americarsquos way of life
ndash We live by cell phones and computershellip
ndash We rely on mp3 players digital cameras and video games for entertainmenthellip
ndash The military conducts its work by depending on the accuracy of technologyhellip
bull Can you imagine what type of world we will have after 20 more years of technological growth WOW
bull There are dangers that have arisen since the advancement of technology though
ndash Cell phone use while driving bull Talking AND textinghellip
ndash Inactivity in children bull Videocomputer games versus outside
ndash Internet privacy bull You NEVER know who is really at the other end
of a computerhellip
bull Once itrsquos on there you canrsquot get it offhellip
bull Because our nation is so technologically
advanced much of our current economy
has come to depend on computers and
the internet
bull Data is stored and sent from business to
business by computers
bull Buying and selling of goods and services
through eCommerce is necessary for
some businesses to function
bull Remember the law of supply and
demand
bull Low Supply = High Demand
ndash there isnrsquot much to go around and
consumers will pay more for it
bull High Supply = Low Demand
ndash there is too much to go around and
consumers will not pay much for it
bull A consumer is who buys a product
bull A manufacturer is who makes a product
bull A business is the buying and selling of products
bull The entire purpose of a business is to make a profit in the end
bull A profit is how much money is left over after everything has been paid for
bull There is a close relationship between a
consumer and a business and a
manufacturerhellip it all works in a cycle
Consumer
Manufacturer
Business
bull The American economy is an interdependent (to depend on one another for goods and services) economy for two reasons
ndash Within America certain states rely on other states for goods and resourcesmdashLocal Economy
ndash The United States depends on other countries in the world for goods and resourcesmdashGlobal Economy
bull Within our economy one business affects anotherhellip which can affect anotherhellip and so on (Cause and Effect)
Francis gets a job at Walmart
Francis gets paid
Francis spends earnings and
buys a computer
Office Depot makes money
Office Depot can hire another
worker Earl gets a job
Earl puts money into the bank
The Bank loans out money to
Loraine
Loraine buys a house
GA Power provides
electricity for the house
GA Power makes enough profit to open a new site
Opening of a new site creates
300 new jobs
AND SO ONhellip AND SO ONhellip
bull A business depends on many factors in order to make a profit Some are
ndash Resources Are the resources necessary for making the good readily available
ndash Consumers Do your consumers like the product and do they demand more
ndash Location Are you located in an area of high traffic
ndash Manufacturing Can you supply enough quality goods in a good amount of time
bull The first computer ever used called ENIAC was built to be used in WWII
bull It was as large as a room and the reason we say that a computer has a ldquobugrdquo today is because the first computer was so large that it really would get actual insects in it that would cause it to break down
bull Computers were mainly used to store and sort information (mostly numbers)
bull However in 1971 the microchip was invented and it allows all the information that once took up a room to now fit on one tiny chip WOW
p 458
bull After the microchip was invented in the early 1970s smaller computers started surfacing as well
bull In 1977 the Apple computer was presented to the world and in 1981 IBM (International Business Machines Corporation) introduced the first ever personal computer (PC)
bull By the end of the 1980s Americans found PCs popping up everywheremdashlike homes offices libraries and schools
(The original 1977 Apple computer)
bull Just like the first computer the internet was first developed by the military
bull In 1968 the US Department of Defense set up the internet (a network that links computers around the world to exchange information) to communicate while in other parts of the world
bull In the 1980s colleges and universities began using the internet for updated research information
bull Then it became available to everyday Americans in 1992 with the development of the World Wide Web (the Web for short)
bull All of a sudden Americans started spending their time ldquosurfing the webrdquo to communicate research and shop
bull The web allows quick communication through electronic mail (email)
bull Email allows people to send documents pictures sounds and videos to each other instantly through cyberspace (the virtual world of networked computers) we do not have to wait on the postal service anymore
bull The web also allows us to do business called electronic commerce (eCommerce) by allowing the buying and selling of goods though a network
bull People all over the world are on the World Wide Web and because of the internet the world seems much smaller than it used to
bull Can you imagine your life without the web
bull The Internet grew and grew and
grew Look
bull httpnewsbbccouk2hi8552410stm
bull With the computer age came a new lingo People started abbreviating words and new words formed
o dot com
o software
o log on
o browser
o boot up
o FAQmdashFrequently Asked Questions
o SPAMmdashSelf Promotional Advertising Message
o IMmdashinstant message
o ttyl
o )
o idk
o thx
o CUL8R
o lol
o jk
o gtg
o brb
o FYI
bull You can tell what type of website you
are visiting by looking at the end of the
address
ndash com is a computer site
ndash net is a network site
ndash org is an organization site
ndash edu is an educational site
ndash gov is a government site
bull The mobile (cellular) phone was developed in the early 1980s and it looks much different from the phones of today
bull The first cellular network (Motorola) was launched in America in 1983
bull Cell phones have advanced and are becoming even more advanced today
bull Technology has completely changed Americarsquos way of life
ndash We live by cell phones and computershellip
ndash We rely on mp3 players digital cameras and video games for entertainmenthellip
ndash The military conducts its work by depending on the accuracy of technologyhellip
bull Can you imagine what type of world we will have after 20 more years of technological growth WOW
bull There are dangers that have arisen since the advancement of technology though
ndash Cell phone use while driving bull Talking AND textinghellip
ndash Inactivity in children bull Videocomputer games versus outside
ndash Internet privacy bull You NEVER know who is really at the other end
of a computerhellip
bull Once itrsquos on there you canrsquot get it offhellip
bull Because our nation is so technologically
advanced much of our current economy
has come to depend on computers and
the internet
bull Data is stored and sent from business to
business by computers
bull Buying and selling of goods and services
through eCommerce is necessary for
some businesses to function
bull Remember the law of supply and
demand
bull Low Supply = High Demand
ndash there isnrsquot much to go around and
consumers will pay more for it
bull High Supply = Low Demand
ndash there is too much to go around and
consumers will not pay much for it
bull A consumer is who buys a product
bull A manufacturer is who makes a product
bull A business is the buying and selling of products
bull The entire purpose of a business is to make a profit in the end
bull A profit is how much money is left over after everything has been paid for
bull There is a close relationship between a
consumer and a business and a
manufacturerhellip it all works in a cycle
Consumer
Manufacturer
Business
bull The American economy is an interdependent (to depend on one another for goods and services) economy for two reasons
ndash Within America certain states rely on other states for goods and resourcesmdashLocal Economy
ndash The United States depends on other countries in the world for goods and resourcesmdashGlobal Economy
bull Within our economy one business affects anotherhellip which can affect anotherhellip and so on (Cause and Effect)
Francis gets a job at Walmart
Francis gets paid
Francis spends earnings and
buys a computer
Office Depot makes money
Office Depot can hire another
worker Earl gets a job
Earl puts money into the bank
The Bank loans out money to
Loraine
Loraine buys a house
GA Power provides
electricity for the house
GA Power makes enough profit to open a new site
Opening of a new site creates
300 new jobs
AND SO ONhellip AND SO ONhellip
bull A business depends on many factors in order to make a profit Some are
ndash Resources Are the resources necessary for making the good readily available
ndash Consumers Do your consumers like the product and do they demand more
ndash Location Are you located in an area of high traffic
ndash Manufacturing Can you supply enough quality goods in a good amount of time
p 458
bull After the microchip was invented in the early 1970s smaller computers started surfacing as well
bull In 1977 the Apple computer was presented to the world and in 1981 IBM (International Business Machines Corporation) introduced the first ever personal computer (PC)
bull By the end of the 1980s Americans found PCs popping up everywheremdashlike homes offices libraries and schools
(The original 1977 Apple computer)
bull Just like the first computer the internet was first developed by the military
bull In 1968 the US Department of Defense set up the internet (a network that links computers around the world to exchange information) to communicate while in other parts of the world
bull In the 1980s colleges and universities began using the internet for updated research information
bull Then it became available to everyday Americans in 1992 with the development of the World Wide Web (the Web for short)
bull All of a sudden Americans started spending their time ldquosurfing the webrdquo to communicate research and shop
bull The web allows quick communication through electronic mail (email)
bull Email allows people to send documents pictures sounds and videos to each other instantly through cyberspace (the virtual world of networked computers) we do not have to wait on the postal service anymore
bull The web also allows us to do business called electronic commerce (eCommerce) by allowing the buying and selling of goods though a network
bull People all over the world are on the World Wide Web and because of the internet the world seems much smaller than it used to
bull Can you imagine your life without the web
bull The Internet grew and grew and
grew Look
bull httpnewsbbccouk2hi8552410stm
bull With the computer age came a new lingo People started abbreviating words and new words formed
o dot com
o software
o log on
o browser
o boot up
o FAQmdashFrequently Asked Questions
o SPAMmdashSelf Promotional Advertising Message
o IMmdashinstant message
o ttyl
o )
o idk
o thx
o CUL8R
o lol
o jk
o gtg
o brb
o FYI
bull You can tell what type of website you
are visiting by looking at the end of the
address
ndash com is a computer site
ndash net is a network site
ndash org is an organization site
ndash edu is an educational site
ndash gov is a government site
bull The mobile (cellular) phone was developed in the early 1980s and it looks much different from the phones of today
bull The first cellular network (Motorola) was launched in America in 1983
bull Cell phones have advanced and are becoming even more advanced today
bull Technology has completely changed Americarsquos way of life
ndash We live by cell phones and computershellip
ndash We rely on mp3 players digital cameras and video games for entertainmenthellip
ndash The military conducts its work by depending on the accuracy of technologyhellip
bull Can you imagine what type of world we will have after 20 more years of technological growth WOW
bull There are dangers that have arisen since the advancement of technology though
ndash Cell phone use while driving bull Talking AND textinghellip
ndash Inactivity in children bull Videocomputer games versus outside
ndash Internet privacy bull You NEVER know who is really at the other end
of a computerhellip
bull Once itrsquos on there you canrsquot get it offhellip
bull Because our nation is so technologically
advanced much of our current economy
has come to depend on computers and
the internet
bull Data is stored and sent from business to
business by computers
bull Buying and selling of goods and services
through eCommerce is necessary for
some businesses to function
bull Remember the law of supply and
demand
bull Low Supply = High Demand
ndash there isnrsquot much to go around and
consumers will pay more for it
bull High Supply = Low Demand
ndash there is too much to go around and
consumers will not pay much for it
bull A consumer is who buys a product
bull A manufacturer is who makes a product
bull A business is the buying and selling of products
bull The entire purpose of a business is to make a profit in the end
bull A profit is how much money is left over after everything has been paid for
bull There is a close relationship between a
consumer and a business and a
manufacturerhellip it all works in a cycle
Consumer
Manufacturer
Business
bull The American economy is an interdependent (to depend on one another for goods and services) economy for two reasons
ndash Within America certain states rely on other states for goods and resourcesmdashLocal Economy
ndash The United States depends on other countries in the world for goods and resourcesmdashGlobal Economy
bull Within our economy one business affects anotherhellip which can affect anotherhellip and so on (Cause and Effect)
Francis gets a job at Walmart
Francis gets paid
Francis spends earnings and
buys a computer
Office Depot makes money
Office Depot can hire another
worker Earl gets a job
Earl puts money into the bank
The Bank loans out money to
Loraine
Loraine buys a house
GA Power provides
electricity for the house
GA Power makes enough profit to open a new site
Opening of a new site creates
300 new jobs
AND SO ONhellip AND SO ONhellip
bull A business depends on many factors in order to make a profit Some are
ndash Resources Are the resources necessary for making the good readily available
ndash Consumers Do your consumers like the product and do they demand more
ndash Location Are you located in an area of high traffic
ndash Manufacturing Can you supply enough quality goods in a good amount of time
bull After the microchip was invented in the early 1970s smaller computers started surfacing as well
bull In 1977 the Apple computer was presented to the world and in 1981 IBM (International Business Machines Corporation) introduced the first ever personal computer (PC)
bull By the end of the 1980s Americans found PCs popping up everywheremdashlike homes offices libraries and schools
(The original 1977 Apple computer)
bull Just like the first computer the internet was first developed by the military
bull In 1968 the US Department of Defense set up the internet (a network that links computers around the world to exchange information) to communicate while in other parts of the world
bull In the 1980s colleges and universities began using the internet for updated research information
bull Then it became available to everyday Americans in 1992 with the development of the World Wide Web (the Web for short)
bull All of a sudden Americans started spending their time ldquosurfing the webrdquo to communicate research and shop
bull The web allows quick communication through electronic mail (email)
bull Email allows people to send documents pictures sounds and videos to each other instantly through cyberspace (the virtual world of networked computers) we do not have to wait on the postal service anymore
bull The web also allows us to do business called electronic commerce (eCommerce) by allowing the buying and selling of goods though a network
bull People all over the world are on the World Wide Web and because of the internet the world seems much smaller than it used to
bull Can you imagine your life without the web
bull The Internet grew and grew and
grew Look
bull httpnewsbbccouk2hi8552410stm
bull With the computer age came a new lingo People started abbreviating words and new words formed
o dot com
o software
o log on
o browser
o boot up
o FAQmdashFrequently Asked Questions
o SPAMmdashSelf Promotional Advertising Message
o IMmdashinstant message
o ttyl
o )
o idk
o thx
o CUL8R
o lol
o jk
o gtg
o brb
o FYI
bull You can tell what type of website you
are visiting by looking at the end of the
address
ndash com is a computer site
ndash net is a network site
ndash org is an organization site
ndash edu is an educational site
ndash gov is a government site
bull The mobile (cellular) phone was developed in the early 1980s and it looks much different from the phones of today
bull The first cellular network (Motorola) was launched in America in 1983
bull Cell phones have advanced and are becoming even more advanced today
bull Technology has completely changed Americarsquos way of life
ndash We live by cell phones and computershellip
ndash We rely on mp3 players digital cameras and video games for entertainmenthellip
ndash The military conducts its work by depending on the accuracy of technologyhellip
bull Can you imagine what type of world we will have after 20 more years of technological growth WOW
bull There are dangers that have arisen since the advancement of technology though
ndash Cell phone use while driving bull Talking AND textinghellip
ndash Inactivity in children bull Videocomputer games versus outside
ndash Internet privacy bull You NEVER know who is really at the other end
of a computerhellip
bull Once itrsquos on there you canrsquot get it offhellip
bull Because our nation is so technologically
advanced much of our current economy
has come to depend on computers and
the internet
bull Data is stored and sent from business to
business by computers
bull Buying and selling of goods and services
through eCommerce is necessary for
some businesses to function
bull Remember the law of supply and
demand
bull Low Supply = High Demand
ndash there isnrsquot much to go around and
consumers will pay more for it
bull High Supply = Low Demand
ndash there is too much to go around and
consumers will not pay much for it
bull A consumer is who buys a product
bull A manufacturer is who makes a product
bull A business is the buying and selling of products
bull The entire purpose of a business is to make a profit in the end
bull A profit is how much money is left over after everything has been paid for
bull There is a close relationship between a
consumer and a business and a
manufacturerhellip it all works in a cycle
Consumer
Manufacturer
Business
bull The American economy is an interdependent (to depend on one another for goods and services) economy for two reasons
ndash Within America certain states rely on other states for goods and resourcesmdashLocal Economy
ndash The United States depends on other countries in the world for goods and resourcesmdashGlobal Economy
bull Within our economy one business affects anotherhellip which can affect anotherhellip and so on (Cause and Effect)
Francis gets a job at Walmart
Francis gets paid
Francis spends earnings and
buys a computer
Office Depot makes money
Office Depot can hire another
worker Earl gets a job
Earl puts money into the bank
The Bank loans out money to
Loraine
Loraine buys a house
GA Power provides
electricity for the house
GA Power makes enough profit to open a new site
Opening of a new site creates
300 new jobs
AND SO ONhellip AND SO ONhellip
bull A business depends on many factors in order to make a profit Some are
ndash Resources Are the resources necessary for making the good readily available
ndash Consumers Do your consumers like the product and do they demand more
ndash Location Are you located in an area of high traffic
ndash Manufacturing Can you supply enough quality goods in a good amount of time
bull Just like the first computer the internet was first developed by the military
bull In 1968 the US Department of Defense set up the internet (a network that links computers around the world to exchange information) to communicate while in other parts of the world
bull In the 1980s colleges and universities began using the internet for updated research information
bull Then it became available to everyday Americans in 1992 with the development of the World Wide Web (the Web for short)
bull All of a sudden Americans started spending their time ldquosurfing the webrdquo to communicate research and shop
bull The web allows quick communication through electronic mail (email)
bull Email allows people to send documents pictures sounds and videos to each other instantly through cyberspace (the virtual world of networked computers) we do not have to wait on the postal service anymore
bull The web also allows us to do business called electronic commerce (eCommerce) by allowing the buying and selling of goods though a network
bull People all over the world are on the World Wide Web and because of the internet the world seems much smaller than it used to
bull Can you imagine your life without the web
bull The Internet grew and grew and
grew Look
bull httpnewsbbccouk2hi8552410stm
bull With the computer age came a new lingo People started abbreviating words and new words formed
o dot com
o software
o log on
o browser
o boot up
o FAQmdashFrequently Asked Questions
o SPAMmdashSelf Promotional Advertising Message
o IMmdashinstant message
o ttyl
o )
o idk
o thx
o CUL8R
o lol
o jk
o gtg
o brb
o FYI
bull You can tell what type of website you
are visiting by looking at the end of the
address
ndash com is a computer site
ndash net is a network site
ndash org is an organization site
ndash edu is an educational site
ndash gov is a government site
bull The mobile (cellular) phone was developed in the early 1980s and it looks much different from the phones of today
bull The first cellular network (Motorola) was launched in America in 1983
bull Cell phones have advanced and are becoming even more advanced today
bull Technology has completely changed Americarsquos way of life
ndash We live by cell phones and computershellip
ndash We rely on mp3 players digital cameras and video games for entertainmenthellip
ndash The military conducts its work by depending on the accuracy of technologyhellip
bull Can you imagine what type of world we will have after 20 more years of technological growth WOW
bull There are dangers that have arisen since the advancement of technology though
ndash Cell phone use while driving bull Talking AND textinghellip
ndash Inactivity in children bull Videocomputer games versus outside
ndash Internet privacy bull You NEVER know who is really at the other end
of a computerhellip
bull Once itrsquos on there you canrsquot get it offhellip
bull Because our nation is so technologically
advanced much of our current economy
has come to depend on computers and
the internet
bull Data is stored and sent from business to
business by computers
bull Buying and selling of goods and services
through eCommerce is necessary for
some businesses to function
bull Remember the law of supply and
demand
bull Low Supply = High Demand
ndash there isnrsquot much to go around and
consumers will pay more for it
bull High Supply = Low Demand
ndash there is too much to go around and
consumers will not pay much for it
bull A consumer is who buys a product
bull A manufacturer is who makes a product
bull A business is the buying and selling of products
bull The entire purpose of a business is to make a profit in the end
bull A profit is how much money is left over after everything has been paid for
bull There is a close relationship between a
consumer and a business and a
manufacturerhellip it all works in a cycle
Consumer
Manufacturer
Business
bull The American economy is an interdependent (to depend on one another for goods and services) economy for two reasons
ndash Within America certain states rely on other states for goods and resourcesmdashLocal Economy
ndash The United States depends on other countries in the world for goods and resourcesmdashGlobal Economy
bull Within our economy one business affects anotherhellip which can affect anotherhellip and so on (Cause and Effect)
Francis gets a job at Walmart
Francis gets paid
Francis spends earnings and
buys a computer
Office Depot makes money
Office Depot can hire another
worker Earl gets a job
Earl puts money into the bank
The Bank loans out money to
Loraine
Loraine buys a house
GA Power provides
electricity for the house
GA Power makes enough profit to open a new site
Opening of a new site creates
300 new jobs
AND SO ONhellip AND SO ONhellip
bull A business depends on many factors in order to make a profit Some are
ndash Resources Are the resources necessary for making the good readily available
ndash Consumers Do your consumers like the product and do they demand more
ndash Location Are you located in an area of high traffic
ndash Manufacturing Can you supply enough quality goods in a good amount of time
bull The web allows quick communication through electronic mail (email)
bull Email allows people to send documents pictures sounds and videos to each other instantly through cyberspace (the virtual world of networked computers) we do not have to wait on the postal service anymore
bull The web also allows us to do business called electronic commerce (eCommerce) by allowing the buying and selling of goods though a network
bull People all over the world are on the World Wide Web and because of the internet the world seems much smaller than it used to
bull Can you imagine your life without the web
bull The Internet grew and grew and
grew Look
bull httpnewsbbccouk2hi8552410stm
bull With the computer age came a new lingo People started abbreviating words and new words formed
o dot com
o software
o log on
o browser
o boot up
o FAQmdashFrequently Asked Questions
o SPAMmdashSelf Promotional Advertising Message
o IMmdashinstant message
o ttyl
o )
o idk
o thx
o CUL8R
o lol
o jk
o gtg
o brb
o FYI
bull You can tell what type of website you
are visiting by looking at the end of the
address
ndash com is a computer site
ndash net is a network site
ndash org is an organization site
ndash edu is an educational site
ndash gov is a government site
bull The mobile (cellular) phone was developed in the early 1980s and it looks much different from the phones of today
bull The first cellular network (Motorola) was launched in America in 1983
bull Cell phones have advanced and are becoming even more advanced today
bull Technology has completely changed Americarsquos way of life
ndash We live by cell phones and computershellip
ndash We rely on mp3 players digital cameras and video games for entertainmenthellip
ndash The military conducts its work by depending on the accuracy of technologyhellip
bull Can you imagine what type of world we will have after 20 more years of technological growth WOW
bull There are dangers that have arisen since the advancement of technology though
ndash Cell phone use while driving bull Talking AND textinghellip
ndash Inactivity in children bull Videocomputer games versus outside
ndash Internet privacy bull You NEVER know who is really at the other end
of a computerhellip
bull Once itrsquos on there you canrsquot get it offhellip
bull Because our nation is so technologically
advanced much of our current economy
has come to depend on computers and
the internet
bull Data is stored and sent from business to
business by computers
bull Buying and selling of goods and services
through eCommerce is necessary for
some businesses to function
bull Remember the law of supply and
demand
bull Low Supply = High Demand
ndash there isnrsquot much to go around and
consumers will pay more for it
bull High Supply = Low Demand
ndash there is too much to go around and
consumers will not pay much for it
bull A consumer is who buys a product
bull A manufacturer is who makes a product
bull A business is the buying and selling of products
bull The entire purpose of a business is to make a profit in the end
bull A profit is how much money is left over after everything has been paid for
bull There is a close relationship between a
consumer and a business and a
manufacturerhellip it all works in a cycle
Consumer
Manufacturer
Business
bull The American economy is an interdependent (to depend on one another for goods and services) economy for two reasons
ndash Within America certain states rely on other states for goods and resourcesmdashLocal Economy
ndash The United States depends on other countries in the world for goods and resourcesmdashGlobal Economy
bull Within our economy one business affects anotherhellip which can affect anotherhellip and so on (Cause and Effect)
Francis gets a job at Walmart
Francis gets paid
Francis spends earnings and
buys a computer
Office Depot makes money
Office Depot can hire another
worker Earl gets a job
Earl puts money into the bank
The Bank loans out money to
Loraine
Loraine buys a house
GA Power provides
electricity for the house
GA Power makes enough profit to open a new site
Opening of a new site creates
300 new jobs
AND SO ONhellip AND SO ONhellip
bull A business depends on many factors in order to make a profit Some are
ndash Resources Are the resources necessary for making the good readily available
ndash Consumers Do your consumers like the product and do they demand more
ndash Location Are you located in an area of high traffic
ndash Manufacturing Can you supply enough quality goods in a good amount of time
bull The Internet grew and grew and
grew Look
bull httpnewsbbccouk2hi8552410stm
bull With the computer age came a new lingo People started abbreviating words and new words formed
o dot com
o software
o log on
o browser
o boot up
o FAQmdashFrequently Asked Questions
o SPAMmdashSelf Promotional Advertising Message
o IMmdashinstant message
o ttyl
o )
o idk
o thx
o CUL8R
o lol
o jk
o gtg
o brb
o FYI
bull You can tell what type of website you
are visiting by looking at the end of the
address
ndash com is a computer site
ndash net is a network site
ndash org is an organization site
ndash edu is an educational site
ndash gov is a government site
bull The mobile (cellular) phone was developed in the early 1980s and it looks much different from the phones of today
bull The first cellular network (Motorola) was launched in America in 1983
bull Cell phones have advanced and are becoming even more advanced today
bull Technology has completely changed Americarsquos way of life
ndash We live by cell phones and computershellip
ndash We rely on mp3 players digital cameras and video games for entertainmenthellip
ndash The military conducts its work by depending on the accuracy of technologyhellip
bull Can you imagine what type of world we will have after 20 more years of technological growth WOW
bull There are dangers that have arisen since the advancement of technology though
ndash Cell phone use while driving bull Talking AND textinghellip
ndash Inactivity in children bull Videocomputer games versus outside
ndash Internet privacy bull You NEVER know who is really at the other end
of a computerhellip
bull Once itrsquos on there you canrsquot get it offhellip
bull Because our nation is so technologically
advanced much of our current economy
has come to depend on computers and
the internet
bull Data is stored and sent from business to
business by computers
bull Buying and selling of goods and services
through eCommerce is necessary for
some businesses to function
bull Remember the law of supply and
demand
bull Low Supply = High Demand
ndash there isnrsquot much to go around and
consumers will pay more for it
bull High Supply = Low Demand
ndash there is too much to go around and
consumers will not pay much for it
bull A consumer is who buys a product
bull A manufacturer is who makes a product
bull A business is the buying and selling of products
bull The entire purpose of a business is to make a profit in the end
bull A profit is how much money is left over after everything has been paid for
bull There is a close relationship between a
consumer and a business and a
manufacturerhellip it all works in a cycle
Consumer
Manufacturer
Business
bull The American economy is an interdependent (to depend on one another for goods and services) economy for two reasons
ndash Within America certain states rely on other states for goods and resourcesmdashLocal Economy
ndash The United States depends on other countries in the world for goods and resourcesmdashGlobal Economy
bull Within our economy one business affects anotherhellip which can affect anotherhellip and so on (Cause and Effect)
Francis gets a job at Walmart
Francis gets paid
Francis spends earnings and
buys a computer
Office Depot makes money
Office Depot can hire another
worker Earl gets a job
Earl puts money into the bank
The Bank loans out money to
Loraine
Loraine buys a house
GA Power provides
electricity for the house
GA Power makes enough profit to open a new site
Opening of a new site creates
300 new jobs
AND SO ONhellip AND SO ONhellip
bull A business depends on many factors in order to make a profit Some are
ndash Resources Are the resources necessary for making the good readily available
ndash Consumers Do your consumers like the product and do they demand more
ndash Location Are you located in an area of high traffic
ndash Manufacturing Can you supply enough quality goods in a good amount of time
bull With the computer age came a new lingo People started abbreviating words and new words formed
o dot com
o software
o log on
o browser
o boot up
o FAQmdashFrequently Asked Questions
o SPAMmdashSelf Promotional Advertising Message
o IMmdashinstant message
o ttyl
o )
o idk
o thx
o CUL8R
o lol
o jk
o gtg
o brb
o FYI
bull You can tell what type of website you
are visiting by looking at the end of the
address
ndash com is a computer site
ndash net is a network site
ndash org is an organization site
ndash edu is an educational site
ndash gov is a government site
bull The mobile (cellular) phone was developed in the early 1980s and it looks much different from the phones of today
bull The first cellular network (Motorola) was launched in America in 1983
bull Cell phones have advanced and are becoming even more advanced today
bull Technology has completely changed Americarsquos way of life
ndash We live by cell phones and computershellip
ndash We rely on mp3 players digital cameras and video games for entertainmenthellip
ndash The military conducts its work by depending on the accuracy of technologyhellip
bull Can you imagine what type of world we will have after 20 more years of technological growth WOW
bull There are dangers that have arisen since the advancement of technology though
ndash Cell phone use while driving bull Talking AND textinghellip
ndash Inactivity in children bull Videocomputer games versus outside
ndash Internet privacy bull You NEVER know who is really at the other end
of a computerhellip
bull Once itrsquos on there you canrsquot get it offhellip
bull Because our nation is so technologically
advanced much of our current economy
has come to depend on computers and
the internet
bull Data is stored and sent from business to
business by computers
bull Buying and selling of goods and services
through eCommerce is necessary for
some businesses to function
bull Remember the law of supply and
demand
bull Low Supply = High Demand
ndash there isnrsquot much to go around and
consumers will pay more for it
bull High Supply = Low Demand
ndash there is too much to go around and
consumers will not pay much for it
bull A consumer is who buys a product
bull A manufacturer is who makes a product
bull A business is the buying and selling of products
bull The entire purpose of a business is to make a profit in the end
bull A profit is how much money is left over after everything has been paid for
bull There is a close relationship between a
consumer and a business and a
manufacturerhellip it all works in a cycle
Consumer
Manufacturer
Business
bull The American economy is an interdependent (to depend on one another for goods and services) economy for two reasons
ndash Within America certain states rely on other states for goods and resourcesmdashLocal Economy
ndash The United States depends on other countries in the world for goods and resourcesmdashGlobal Economy
bull Within our economy one business affects anotherhellip which can affect anotherhellip and so on (Cause and Effect)
Francis gets a job at Walmart
Francis gets paid
Francis spends earnings and
buys a computer
Office Depot makes money
Office Depot can hire another
worker Earl gets a job
Earl puts money into the bank
The Bank loans out money to
Loraine
Loraine buys a house
GA Power provides
electricity for the house
GA Power makes enough profit to open a new site
Opening of a new site creates
300 new jobs
AND SO ONhellip AND SO ONhellip
bull A business depends on many factors in order to make a profit Some are
ndash Resources Are the resources necessary for making the good readily available
ndash Consumers Do your consumers like the product and do they demand more
ndash Location Are you located in an area of high traffic
ndash Manufacturing Can you supply enough quality goods in a good amount of time
bull You can tell what type of website you
are visiting by looking at the end of the
address
ndash com is a computer site
ndash net is a network site
ndash org is an organization site
ndash edu is an educational site
ndash gov is a government site
bull The mobile (cellular) phone was developed in the early 1980s and it looks much different from the phones of today
bull The first cellular network (Motorola) was launched in America in 1983
bull Cell phones have advanced and are becoming even more advanced today
bull Technology has completely changed Americarsquos way of life
ndash We live by cell phones and computershellip
ndash We rely on mp3 players digital cameras and video games for entertainmenthellip
ndash The military conducts its work by depending on the accuracy of technologyhellip
bull Can you imagine what type of world we will have after 20 more years of technological growth WOW
bull There are dangers that have arisen since the advancement of technology though
ndash Cell phone use while driving bull Talking AND textinghellip
ndash Inactivity in children bull Videocomputer games versus outside
ndash Internet privacy bull You NEVER know who is really at the other end
of a computerhellip
bull Once itrsquos on there you canrsquot get it offhellip
bull Because our nation is so technologically
advanced much of our current economy
has come to depend on computers and
the internet
bull Data is stored and sent from business to
business by computers
bull Buying and selling of goods and services
through eCommerce is necessary for
some businesses to function
bull Remember the law of supply and
demand
bull Low Supply = High Demand
ndash there isnrsquot much to go around and
consumers will pay more for it
bull High Supply = Low Demand
ndash there is too much to go around and
consumers will not pay much for it
bull A consumer is who buys a product
bull A manufacturer is who makes a product
bull A business is the buying and selling of products
bull The entire purpose of a business is to make a profit in the end
bull A profit is how much money is left over after everything has been paid for
bull There is a close relationship between a
consumer and a business and a
manufacturerhellip it all works in a cycle
Consumer
Manufacturer
Business
bull The American economy is an interdependent (to depend on one another for goods and services) economy for two reasons
ndash Within America certain states rely on other states for goods and resourcesmdashLocal Economy
ndash The United States depends on other countries in the world for goods and resourcesmdashGlobal Economy
bull Within our economy one business affects anotherhellip which can affect anotherhellip and so on (Cause and Effect)
Francis gets a job at Walmart
Francis gets paid
Francis spends earnings and
buys a computer
Office Depot makes money
Office Depot can hire another
worker Earl gets a job
Earl puts money into the bank
The Bank loans out money to
Loraine
Loraine buys a house
GA Power provides
electricity for the house
GA Power makes enough profit to open a new site
Opening of a new site creates
300 new jobs
AND SO ONhellip AND SO ONhellip
bull A business depends on many factors in order to make a profit Some are
ndash Resources Are the resources necessary for making the good readily available
ndash Consumers Do your consumers like the product and do they demand more
ndash Location Are you located in an area of high traffic
ndash Manufacturing Can you supply enough quality goods in a good amount of time
bull The mobile (cellular) phone was developed in the early 1980s and it looks much different from the phones of today
bull The first cellular network (Motorola) was launched in America in 1983
bull Cell phones have advanced and are becoming even more advanced today
bull Technology has completely changed Americarsquos way of life
ndash We live by cell phones and computershellip
ndash We rely on mp3 players digital cameras and video games for entertainmenthellip
ndash The military conducts its work by depending on the accuracy of technologyhellip
bull Can you imagine what type of world we will have after 20 more years of technological growth WOW
bull There are dangers that have arisen since the advancement of technology though
ndash Cell phone use while driving bull Talking AND textinghellip
ndash Inactivity in children bull Videocomputer games versus outside
ndash Internet privacy bull You NEVER know who is really at the other end
of a computerhellip
bull Once itrsquos on there you canrsquot get it offhellip
bull Because our nation is so technologically
advanced much of our current economy
has come to depend on computers and
the internet
bull Data is stored and sent from business to
business by computers
bull Buying and selling of goods and services
through eCommerce is necessary for
some businesses to function
bull Remember the law of supply and
demand
bull Low Supply = High Demand
ndash there isnrsquot much to go around and
consumers will pay more for it
bull High Supply = Low Demand
ndash there is too much to go around and
consumers will not pay much for it
bull A consumer is who buys a product
bull A manufacturer is who makes a product
bull A business is the buying and selling of products
bull The entire purpose of a business is to make a profit in the end
bull A profit is how much money is left over after everything has been paid for
bull There is a close relationship between a
consumer and a business and a
manufacturerhellip it all works in a cycle
Consumer
Manufacturer
Business
bull The American economy is an interdependent (to depend on one another for goods and services) economy for two reasons
ndash Within America certain states rely on other states for goods and resourcesmdashLocal Economy
ndash The United States depends on other countries in the world for goods and resourcesmdashGlobal Economy
bull Within our economy one business affects anotherhellip which can affect anotherhellip and so on (Cause and Effect)
Francis gets a job at Walmart
Francis gets paid
Francis spends earnings and
buys a computer
Office Depot makes money
Office Depot can hire another
worker Earl gets a job
Earl puts money into the bank
The Bank loans out money to
Loraine
Loraine buys a house
GA Power provides
electricity for the house
GA Power makes enough profit to open a new site
Opening of a new site creates
300 new jobs
AND SO ONhellip AND SO ONhellip
bull A business depends on many factors in order to make a profit Some are
ndash Resources Are the resources necessary for making the good readily available
ndash Consumers Do your consumers like the product and do they demand more
ndash Location Are you located in an area of high traffic
ndash Manufacturing Can you supply enough quality goods in a good amount of time
bull Technology has completely changed Americarsquos way of life
ndash We live by cell phones and computershellip
ndash We rely on mp3 players digital cameras and video games for entertainmenthellip
ndash The military conducts its work by depending on the accuracy of technologyhellip
bull Can you imagine what type of world we will have after 20 more years of technological growth WOW
bull There are dangers that have arisen since the advancement of technology though
ndash Cell phone use while driving bull Talking AND textinghellip
ndash Inactivity in children bull Videocomputer games versus outside
ndash Internet privacy bull You NEVER know who is really at the other end
of a computerhellip
bull Once itrsquos on there you canrsquot get it offhellip
bull Because our nation is so technologically
advanced much of our current economy
has come to depend on computers and
the internet
bull Data is stored and sent from business to
business by computers
bull Buying and selling of goods and services
through eCommerce is necessary for
some businesses to function
bull Remember the law of supply and
demand
bull Low Supply = High Demand
ndash there isnrsquot much to go around and
consumers will pay more for it
bull High Supply = Low Demand
ndash there is too much to go around and
consumers will not pay much for it
bull A consumer is who buys a product
bull A manufacturer is who makes a product
bull A business is the buying and selling of products
bull The entire purpose of a business is to make a profit in the end
bull A profit is how much money is left over after everything has been paid for
bull There is a close relationship between a
consumer and a business and a
manufacturerhellip it all works in a cycle
Consumer
Manufacturer
Business
bull The American economy is an interdependent (to depend on one another for goods and services) economy for two reasons
ndash Within America certain states rely on other states for goods and resourcesmdashLocal Economy
ndash The United States depends on other countries in the world for goods and resourcesmdashGlobal Economy
bull Within our economy one business affects anotherhellip which can affect anotherhellip and so on (Cause and Effect)
Francis gets a job at Walmart
Francis gets paid
Francis spends earnings and
buys a computer
Office Depot makes money
Office Depot can hire another
worker Earl gets a job
Earl puts money into the bank
The Bank loans out money to
Loraine
Loraine buys a house
GA Power provides
electricity for the house
GA Power makes enough profit to open a new site
Opening of a new site creates
300 new jobs
AND SO ONhellip AND SO ONhellip
bull A business depends on many factors in order to make a profit Some are
ndash Resources Are the resources necessary for making the good readily available
ndash Consumers Do your consumers like the product and do they demand more
ndash Location Are you located in an area of high traffic
ndash Manufacturing Can you supply enough quality goods in a good amount of time
bull There are dangers that have arisen since the advancement of technology though
ndash Cell phone use while driving bull Talking AND textinghellip
ndash Inactivity in children bull Videocomputer games versus outside
ndash Internet privacy bull You NEVER know who is really at the other end
of a computerhellip
bull Once itrsquos on there you canrsquot get it offhellip
bull Because our nation is so technologically
advanced much of our current economy
has come to depend on computers and
the internet
bull Data is stored and sent from business to
business by computers
bull Buying and selling of goods and services
through eCommerce is necessary for
some businesses to function
bull Remember the law of supply and
demand
bull Low Supply = High Demand
ndash there isnrsquot much to go around and
consumers will pay more for it
bull High Supply = Low Demand
ndash there is too much to go around and
consumers will not pay much for it
bull A consumer is who buys a product
bull A manufacturer is who makes a product
bull A business is the buying and selling of products
bull The entire purpose of a business is to make a profit in the end
bull A profit is how much money is left over after everything has been paid for
bull There is a close relationship between a
consumer and a business and a
manufacturerhellip it all works in a cycle
Consumer
Manufacturer
Business
bull The American economy is an interdependent (to depend on one another for goods and services) economy for two reasons
ndash Within America certain states rely on other states for goods and resourcesmdashLocal Economy
ndash The United States depends on other countries in the world for goods and resourcesmdashGlobal Economy
bull Within our economy one business affects anotherhellip which can affect anotherhellip and so on (Cause and Effect)
Francis gets a job at Walmart
Francis gets paid
Francis spends earnings and
buys a computer
Office Depot makes money
Office Depot can hire another
worker Earl gets a job
Earl puts money into the bank
The Bank loans out money to
Loraine
Loraine buys a house
GA Power provides
electricity for the house
GA Power makes enough profit to open a new site
Opening of a new site creates
300 new jobs
AND SO ONhellip AND SO ONhellip
bull A business depends on many factors in order to make a profit Some are
ndash Resources Are the resources necessary for making the good readily available
ndash Consumers Do your consumers like the product and do they demand more
ndash Location Are you located in an area of high traffic
ndash Manufacturing Can you supply enough quality goods in a good amount of time
bull Because our nation is so technologically
advanced much of our current economy
has come to depend on computers and
the internet
bull Data is stored and sent from business to
business by computers
bull Buying and selling of goods and services
through eCommerce is necessary for
some businesses to function
bull Remember the law of supply and
demand
bull Low Supply = High Demand
ndash there isnrsquot much to go around and
consumers will pay more for it
bull High Supply = Low Demand
ndash there is too much to go around and
consumers will not pay much for it
bull A consumer is who buys a product
bull A manufacturer is who makes a product
bull A business is the buying and selling of products
bull The entire purpose of a business is to make a profit in the end
bull A profit is how much money is left over after everything has been paid for
bull There is a close relationship between a
consumer and a business and a
manufacturerhellip it all works in a cycle
Consumer
Manufacturer
Business
bull The American economy is an interdependent (to depend on one another for goods and services) economy for two reasons
ndash Within America certain states rely on other states for goods and resourcesmdashLocal Economy
ndash The United States depends on other countries in the world for goods and resourcesmdashGlobal Economy
bull Within our economy one business affects anotherhellip which can affect anotherhellip and so on (Cause and Effect)
Francis gets a job at Walmart
Francis gets paid
Francis spends earnings and
buys a computer
Office Depot makes money
Office Depot can hire another
worker Earl gets a job
Earl puts money into the bank
The Bank loans out money to
Loraine
Loraine buys a house
GA Power provides
electricity for the house
GA Power makes enough profit to open a new site
Opening of a new site creates
300 new jobs
AND SO ONhellip AND SO ONhellip
bull A business depends on many factors in order to make a profit Some are
ndash Resources Are the resources necessary for making the good readily available
ndash Consumers Do your consumers like the product and do they demand more
ndash Location Are you located in an area of high traffic
ndash Manufacturing Can you supply enough quality goods in a good amount of time
bull Remember the law of supply and
demand
bull Low Supply = High Demand
ndash there isnrsquot much to go around and
consumers will pay more for it
bull High Supply = Low Demand
ndash there is too much to go around and
consumers will not pay much for it
bull A consumer is who buys a product
bull A manufacturer is who makes a product
bull A business is the buying and selling of products
bull The entire purpose of a business is to make a profit in the end
bull A profit is how much money is left over after everything has been paid for
bull There is a close relationship between a
consumer and a business and a
manufacturerhellip it all works in a cycle
Consumer
Manufacturer
Business
bull The American economy is an interdependent (to depend on one another for goods and services) economy for two reasons
ndash Within America certain states rely on other states for goods and resourcesmdashLocal Economy
ndash The United States depends on other countries in the world for goods and resourcesmdashGlobal Economy
bull Within our economy one business affects anotherhellip which can affect anotherhellip and so on (Cause and Effect)
Francis gets a job at Walmart
Francis gets paid
Francis spends earnings and
buys a computer
Office Depot makes money
Office Depot can hire another
worker Earl gets a job
Earl puts money into the bank
The Bank loans out money to
Loraine
Loraine buys a house
GA Power provides
electricity for the house
GA Power makes enough profit to open a new site
Opening of a new site creates
300 new jobs
AND SO ONhellip AND SO ONhellip
bull A business depends on many factors in order to make a profit Some are
ndash Resources Are the resources necessary for making the good readily available
ndash Consumers Do your consumers like the product and do they demand more
ndash Location Are you located in an area of high traffic
ndash Manufacturing Can you supply enough quality goods in a good amount of time
bull A consumer is who buys a product
bull A manufacturer is who makes a product
bull A business is the buying and selling of products
bull The entire purpose of a business is to make a profit in the end
bull A profit is how much money is left over after everything has been paid for
bull There is a close relationship between a
consumer and a business and a
manufacturerhellip it all works in a cycle
Consumer
Manufacturer
Business
bull The American economy is an interdependent (to depend on one another for goods and services) economy for two reasons
ndash Within America certain states rely on other states for goods and resourcesmdashLocal Economy
ndash The United States depends on other countries in the world for goods and resourcesmdashGlobal Economy
bull Within our economy one business affects anotherhellip which can affect anotherhellip and so on (Cause and Effect)
Francis gets a job at Walmart
Francis gets paid
Francis spends earnings and
buys a computer
Office Depot makes money
Office Depot can hire another
worker Earl gets a job
Earl puts money into the bank
The Bank loans out money to
Loraine
Loraine buys a house
GA Power provides
electricity for the house
GA Power makes enough profit to open a new site
Opening of a new site creates
300 new jobs
AND SO ONhellip AND SO ONhellip
bull A business depends on many factors in order to make a profit Some are
ndash Resources Are the resources necessary for making the good readily available
ndash Consumers Do your consumers like the product and do they demand more
ndash Location Are you located in an area of high traffic
ndash Manufacturing Can you supply enough quality goods in a good amount of time
bull There is a close relationship between a
consumer and a business and a
manufacturerhellip it all works in a cycle
Consumer
Manufacturer
Business
bull The American economy is an interdependent (to depend on one another for goods and services) economy for two reasons
ndash Within America certain states rely on other states for goods and resourcesmdashLocal Economy
ndash The United States depends on other countries in the world for goods and resourcesmdashGlobal Economy
bull Within our economy one business affects anotherhellip which can affect anotherhellip and so on (Cause and Effect)
Francis gets a job at Walmart
Francis gets paid
Francis spends earnings and
buys a computer
Office Depot makes money
Office Depot can hire another
worker Earl gets a job
Earl puts money into the bank
The Bank loans out money to
Loraine
Loraine buys a house
GA Power provides
electricity for the house
GA Power makes enough profit to open a new site
Opening of a new site creates
300 new jobs
AND SO ONhellip AND SO ONhellip
bull A business depends on many factors in order to make a profit Some are
ndash Resources Are the resources necessary for making the good readily available
ndash Consumers Do your consumers like the product and do they demand more
ndash Location Are you located in an area of high traffic
ndash Manufacturing Can you supply enough quality goods in a good amount of time
bull The American economy is an interdependent (to depend on one another for goods and services) economy for two reasons
ndash Within America certain states rely on other states for goods and resourcesmdashLocal Economy
ndash The United States depends on other countries in the world for goods and resourcesmdashGlobal Economy
bull Within our economy one business affects anotherhellip which can affect anotherhellip and so on (Cause and Effect)
Francis gets a job at Walmart
Francis gets paid
Francis spends earnings and
buys a computer
Office Depot makes money
Office Depot can hire another
worker Earl gets a job
Earl puts money into the bank
The Bank loans out money to
Loraine
Loraine buys a house
GA Power provides
electricity for the house
GA Power makes enough profit to open a new site
Opening of a new site creates
300 new jobs
AND SO ONhellip AND SO ONhellip
bull A business depends on many factors in order to make a profit Some are
ndash Resources Are the resources necessary for making the good readily available
ndash Consumers Do your consumers like the product and do they demand more
ndash Location Are you located in an area of high traffic
ndash Manufacturing Can you supply enough quality goods in a good amount of time
Francis gets a job at Walmart
Francis gets paid
Francis spends earnings and
buys a computer
Office Depot makes money
Office Depot can hire another
worker Earl gets a job
Earl puts money into the bank
The Bank loans out money to
Loraine
Loraine buys a house
GA Power provides
electricity for the house
GA Power makes enough profit to open a new site
Opening of a new site creates
300 new jobs
AND SO ONhellip AND SO ONhellip
bull A business depends on many factors in order to make a profit Some are
ndash Resources Are the resources necessary for making the good readily available
ndash Consumers Do your consumers like the product and do they demand more
ndash Location Are you located in an area of high traffic
ndash Manufacturing Can you supply enough quality goods in a good amount of time
bull A business depends on many factors in order to make a profit Some are
ndash Resources Are the resources necessary for making the good readily available
ndash Consumers Do your consumers like the product and do they demand more
ndash Location Are you located in an area of high traffic
ndash Manufacturing Can you supply enough quality goods in a good amount of time
Related Documents
