Unit 1: Basic Economic Concepts 1. Scarcity Means There Is Not Enough For Everyone Government must step in to help allocate (distribute) resources 2.
C H. 2: E CONOMIC S YSTEMS S1: Answering the 3 Economic Questions S2: The Free Market S3: Centrally Planned Economies S4: Mixed Economies.
Experiment 2 (Free and Forced Vortex)
Scarcity Means There Is Not Enough For Everyone Government must step in to help allocate (distribute) resources 1.
Grass By: Carl Sandburg PILE the bodies high at Austerlitz and Waterloo, Shovel them under and let me work-- I am the grass; I cover all. And pile them.
Economic Systems. 1.Centrally-Planned (Command) Economy 2.Free Market Economy 3.Mixed Economy 2.