Ppt The Three Economic Questions Powerpoint Presentation Free Economic goals societies answer the three economic questions based on their values. economic goals making the most of resources economic efficiency freedom from government intervention in the production and distribution of goods and services economic freedom assurance that goods and services will be available, payments will be made on time, and a safety net will protect individuals in times of. Download ppt "the 3 economic questions" similar presentations economics chapter 2 section 3. three economic questions as a result of scarce resources, societies.
The Three Economic Questions Ppt Download 4 what do we produce? what –goods & services should be produced? this is an allocation question. all economic systems must determine how to allocate productive resources land (natural resources raw materials) labor (work for which we earn pay) and capital (human education & job training) (physical – buildings, equipment & tools). Due to scarcity, societies and countries are forced to make some difficult decisions.; to aid in this process different systems have evolved over time. economic system – the method used by a society to produce and distribute goods and services based on its values and goals. The document discusses the three economic questions that must be answered by an economic system in distributing scarce resources: 1) what goods and services should be produced? this addresses balancing production of different goods like military vs consumer goods or education vs police funding. 2) how should goods and services be produced?. Description. summarize the three economic questions, the key characteristics of the economic systems, and examples. this resource can be used as a stand alone teacher led lecture. or it can be used with the three economic questions guided notes and activity. concise, informative, and visual powerpoint. meets curriculum requirements for teaching.
Ppt Answering The Three Economic Questions Powerpoint Presentation The document discusses the three economic questions that must be answered by an economic system in distributing scarce resources: 1) what goods and services should be produced? this addresses balancing production of different goods like military vs consumer goods or education vs police funding. 2) how should goods and services be produced?. Description. summarize the three economic questions, the key characteristics of the economic systems, and examples. this resource can be used as a stand alone teacher led lecture. or it can be used with the three economic questions guided notes and activity. concise, informative, and visual powerpoint. meets curriculum requirements for teaching. The economic systems of most countries embody one of three major economic structures: free enterprise economies, command economies, or mixed economies. the three basic questions: determining a society’s economic system because all economic resources are scarce, every society must answer three questions: what goods and services should be produced?. Three key economic questions: to form an economic system, a society must decide what to produce, how to produce it, and who will consume what is produced. factor payments – the income people receive for supplying the factors of production – determine who consumes goods & services. download presentation. goods.
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