chapter 1power point
Post on 15-May-2015
185 views
TRANSCRIPT
Economic Decisions & SystemsCollin Fidler 3rd block
My Family’s Needs & Wants
• Needs: Foods, Shelters, Water.• Wants: A new car, The new best phones, A
bigger house.
The Difference Between Goods and Services
• GOODS: Things you can see and touch you can purchase these to meet your needs and wants.
SERVICES
• Activity that is produced at the same time it is consumed.
Human Resources
Capital Resources