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Freedom to choose a job

Production freedom

Freedom to risk success or failure

-Fatima

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Voluntary act

Benefits buyers and sellers

Market transactions

-Fatima

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People control their own possessions.

Incentive to work, save, and invest.

Makes investing attractive.

-Fatima

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Incentive to improve one's material well-being.

Product with a never-ending stream.

Assures a never-ending supply of goods and services.

-Fatima

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Struggle among sellers to attract consumers.

Benefits consumers by assuring that producers will bring better and less expensive products.

Assures that resources are used efficiently.

-Fatima

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Samuel B. Comparative Chart - Chapter 3 lesson 1 Economics

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Comparative Chart - Chapter 3 lesson 1 Economics

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Comparative Chart - Chapter 3 lesson 1 Economics 28032022

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Comparative Chart - Chapter 3 lesson 1 Economics 28032022

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Alessandra

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-Bussiness
-Prosperty
-Liberty

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profit, risk, competition, and productivity

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Efficient producers

Customer service

Differentiation

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Capitalism

Profit

Economy

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Intellectual property

Investing

Incentive

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Market transactions

Profit motive

Agreements

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Business freedom

Labor freedom

Personal choice

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involve firms
own goods
trying to get something or win

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economy agents
interests
drives organizations

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buildings
intellectual property
managed by public authorities

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trade goods
interaction economy
market transactions

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human control
free society
liberty

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Comparative Chart - Chapter 3 lesson 1 Economics

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Make a comparative chart, write at least three key points for each subtopic in each side - Design and Computer.

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Make a comparative chart, write at least three key points for each subtopic in each side - Design and Computer.

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Comparative Chart - Chapter 3 lesson 1 Economics

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Write three key points, and add an image related to  each subtopic:
1. Economic freedom
2. Voluntary exchange
3. Private property,
4. Profit Motive
5. Competition.