Iskanje
  • Iskanje
  • Moje Zbirke Zgodb

The Economic Problem

Ustvarite Snemalno Knjigo
Kopirajte to snemalno knjigo
The Economic Problem
Storyboard That

Ustvarite svojo snemalno knjigo

Preizkusite brezplačno!

Ustvarite svojo snemalno knjigo

Preizkusite brezplačno!

Snemalna Knjiga Besedilo

  • The Economic Problem
  • Oh No! This is the last bit of food left. Everything is scarce and limited! What will i do?
  • How to Solve the ECONOMIC PROBLEM?
  • I am the government. I need to find a way to solve the economic problem.
  • Three Economic Questions1. What to Produce?2. How to produce?3. For Whom to Produce?
  • Question # 1: What to Produce?
  • Should we produce machinery which will create future goods or should we produce goods for immediate use?
  • Our needs and wants are never satisfied because they are unlimited, while resources available to satisfy those needs are limited. This is called the economic problem.
  • Question # 2: How to Produce?
  • Should we use labour, automation or a combination of both?
  • The economic problem is related to scarcity because business owners can never satisfy human wants and needs.
  • Question # 3: For Whom To Produce?
  • Who gets more? Who gets less? Should the poor recieve more or should things be shared equally?
  • What? How? For whom? Since the days of early human existence, societies were forced with three basic economic questions given the limited resources available to them.
  • SO, What is an economic System?
  • An economic system is a means by which societiesor governments organize and distribute available resources, services, and goodsacross a geographic region or country.
  • HMMMMM......
  • Which one gets it?
  • Definition of Economics System.
Ustvarjenih več kot 30 milijonov snemalnih knjig