Unit 1: Basic Economic Concepts 1. Scarcity Means There Is Not Enough For Everyone Government must step in to help allocate (distribute) resources 2.
Economic Systems. 1.Centrally-Planned (Command) Economy 2.Free Market Economy 3.Mixed Economy 2.
Do Now Please give me an example of the following resources: Human Natural Capital What are some questions a person must ask themselves if they want to.
