Activator List as many goods and services that you have used in the last day. Then classify each good as one that lasts less than three years or more.

Activator List as many goods and services that

you have used in the last day. Then classify each good as one that lasts less than three years or more than three years.

Economic Products

Goods Services

Consumer Goods

Capital Goods

Hair cuts

Ipads Bakery oven Home repairs

paper Computer in school

Musicians

Cars Conveyor belts for factory

Doctors

Hamburgers Tractors Lawyers

Circular FlowEssential Question: How do the parts of the economy work together?

Circular FlowWhat do individuals and households demand from businesses? What do they give them in return?

What do businesses demand from individuals and households? What do they give them in return?

15 Trillion Dollar Pyramid

Economics

Scarcity

Capital

Land

Product Market

Services

Wealth

Factors

Market

Entrepreneurs

Activator List as many goods and services that you have used in the last day. Then classify each good as one that lasts less than three years or more.

Documents

Activator List as many goods and services that you have used in the last day. Then classify each good as one that lasts less than three years or more.