Distribution Of Wealth
Macro Notes All Units
Cover the basics of the Exodus narrative Speak of some of the most significant aspects of the story ◦ The promise made by God to Abraham in Genesis.
Needs vs. Wants Need- Basic requirement for survival Want- Means of expressing a need Influenced by society Influenced by culture Change over time Many.
Unit I – Scarcity & Choices. Provide an example of a good.
Scarcity, Efficiency, and Growth Econ Dept, UMR Presents.
What is Economics?. The fundamental economic problem Scarcity is: the fundamental problem in economics. People and societies have unlimited wants, but.
Economics Economics is the study of how people choose to allocate scarce resources to produce goods and services and how they choose to distribute those.
The Industrial Revolution A new kind of revolution.
Virginia Watershed and Resources. River A large stream of water leading to a lake, other river, or ocean.
What is Economics?
Unit I – Scarcity & Choices
