High School Economics, Final Review
NEXT Economic Systems. NEXT Chapter 2: Economic Systems An economic system is the way in which a society uses its resources to satisfy its people’s unlimited.
Economics Next Chapter 2 Copyright © by Houghton Mifflin Harcourt Publishing Company Economic Systems.
Chapter 1 – Introduction to Economics ECONOMICS THEORY AND PRACTICE Seventh Edition Copyright © 2004 John Wiley & Sons, Inc. All rights reserved. Patrick.
Reading Quiz 1.1 1.Describe the Economic Problem 1.Name one human resource 2.Name one capital resource 3.What is the main difference between a good and.
Final Review!. What is the study of economics? How to meet unlimited wants with scarce resources How to meet unlimited wants with scarce resources Economists.
Reading Quiz 1.1
NEXT Economic Systems. NEXT Chapter 2: Economic Systems KEY CONCEPT An economic system is the way in which a society uses its resources to satisfy its.
Utopia – › utopia means “no place” in Greek – for good reason in real world, scarcity is a fact of life 3 Key questions: › 1. › 2. › 3. Answers.