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Documents TYPES OF ECONOMIES. WHAT EVERY ECONOMIC SYSTEM MUST ADDRESS? 1. WHAT to produce? 2. HOW to produce.....

Slide 1 TYPES OF ECONOMIES Slide 2 Slide 3 Slide 4 WHAT EVERY ECONOMIC SYSTEM MUST ADDRESS? 1. WHAT to produce? 2. HOW to produce it? Which resource combinations to use?…

Documents ECONOMICS What is it?? Hmmmmm ?? ECONOMICS Book Definition: How people choose to use limited...

Slide 1 Slide 2 ECONOMICS What is it?? Hmmmmm ?? Slide 3 ECONOMICS Book Definition: How people choose to use limited resources in an effort to satisfy unlimited wants Slide…

Documents What is Entrepreneurship. Entrepreneur – Individual who undertakes the creation, and ownership of...

Slide 1 What is Entrepreneurship Slide 2  Entrepreneur – Individual who undertakes the creation, and ownership of an innovative business with potential for growth …

Documents 1. Define economics- The study of how people seek to satisfy their needs and wants by making...

Slide 1 Slide 2  1. Define economics- The study of how people seek to satisfy their needs and wants by making choicesDefine economics- Slide 3  2. Explain how scarcity…

Documents Economics Semester Review! Everything YOU ever wanted to remember… and COULD!!!

Slide 1 Economics Semester Review! Everything YOU ever wanted to remember… and COULD!!! Slide 2 Introduction Unit  What are the three (3) economic questions?  What…

Documents Chapter 1: What is Economics? Section 1: Scarcity and factors of Production.

Chapter 1: What is Economics? Section 1: Scarcity and factors of Production Slide * Copyright © Pearson Education, Inc. Chapter 1, Section 1 Objectives Explain why scarcity…

Documents ME33ES MEDICINE AND ECONOMICS DEMAND AND SUPPLY I Summary Applying economics to health and health...

Slide 1ME33ES MEDICINE AND ECONOMICS DEMAND AND SUPPLY I Summary Applying economics to health and health care The allocation of scarce resources Markets, demand and supply…

Documents Unit 1 Scarcity & Choice How do people make choices?

Slide 1 Slide 2 Unit 1 Scarcity & Choice How do people make choices? Slide 3 EQ What is your economic literacy score? 20 questions pre-test on economic knowledge Slide…

Documents Chapter 1: What is Economics? Section 1. Slide 2 Copyright © Pearson Education, Inc.Chapter 1,...

Chapter 1: What is Economics? Section 1 Slide * Copyright © Pearson Education, Inc. Chapter 1, Section 1 Objectives Explain why scarcity and choice are the basis of economics.…