Ch. 2: Economic Systems Ch. 2: Economic Systems Section 1: Answering the Three Economics Questions Economic Systems An economic system is the method a society uses to produce…

Ch. 2: Economic Systems Ch. 2: Economic Systems Section 1: Answering the Three Economics Questions Economic Systems An economic system is the method a society uses to produce…

How Does Free Enterprise Allocate Resource?. Profit. Profit is the money left over after the costs of producing a good or service have been subtracted from the revenue gained…

Citizens’ Committee to Save Our Canyons www.saveourcanyons.org September, 2012 Save Our Canyons is an organization of citizen activists “dedicated, since 1972, to the…

Slide 1 Slide 2 Profit  Profit is the money left over after the costs of producing a good or service have been subtracted from the revenue gained by selling that good…