Lesson 3 economic systems - duke
Economic Systems. The Three Basic Economic Questions: What should we produce? How should we produce? For whom should we product?
Ch. 13 Sections 3-5. Economic Systems The production and distribution of goods and services Capitalism – an economic system based on private ownership.
Unit 1: Foundations in Economics $100 $100 $200 $200 $300 $300 $400 $400 $500 $500 $100 $100 $200 $200 $300 $300 $400 $400 $500 $500 $100 $100 $200.
Unit 1: Introduction to Economic Concepts ECI.3 Identify the basic economic questions.
Economic Systems The Rules and Incentives in an Economy.
Unit 1 & 2: Foundations in Economics/ Macroeconomics.
Thankful Thursday, November 19 Pamphlets needs to be finished and turned in. Define 1-20 pages 470 (chapter 17) Go over Chapter 17 Project D60.
Standards/Elements
ECONOMIC SYSTEMS
