1. ESSENTIAL STANDARD 1.00Understand the role of business in the global economy.1 2. OBJECTIVE 1.01Understand economic systems. 2 3. EQ How do businesses satisfy needs…
1. Understand the Role of Business in the Global Economy.Unit 1: Economic Systems 1 2. Understand Economic Systems.Unit 1: Economic Systems 2 3. What is Economics?…
Slide 1 1. THURSDAY JANUARY 26, 2012 Draw the five column chart below. You have just won a million dollars. List seven items you would buy or things you would do? Items 1…
Slide 1 1 Chapter 4: International Business 1. What Is International Business? A domestic transaction is the selling of items produced in the same country. An international…
Slide 1 Midterm Study Questions Slide 2 These are required in order to live. Needs Slide 3 Things that you can see and touch Goods Slide 4 Activities that are consumed at…
Slide 1 Slide 2 Economic Resources Lesson 2 Slide 3 Economic Resources n Economic resources can be referred to as factors of production (or inputs) n Factors of Production…
Slide 1 SLIDE 1 1-1 1-1Satisfying Needs and Wants 1-2 1-2Economic Choices 1-3 1-3Economic Systems 1-4 1-4Supply and Demand 1 C H A P T E R Economic Decisions and Systems…