https://padlet.com/leoferrer66/2ppa6be42j5d 11- BAS Grp Members: Leonardo Ferrer, Ian Manawis, Aloy Narnola, Carlo Alonzo en-us 2016-10-25 07:27:52 UTC 2016-10-30 23:58:13 UTC hello@padlet.com leoferrer66 https://padlet.com/leoferrer66/2ppa6be42j5d/wish/132923143 http://disabilitydunktank.com/wp-content/uploads/2014/04/bigstock-Closeup-portrait-of-troubled-m-48691742.jpg
https://www.reference.com/world-view/online-shopping-hurt-local-economy-d37728570118a11c#
http://www.economicsonline.co.uk/Competitive_markets/The_economic_problem.html
https://cdn1.benzinga.com/files/imagecache/1024x768xUP/images/story/2012/shutterstock_113872831.jpg
http://krishaamer.com/media-economics/
http://www.ehow.com/about_6528896_economics-important-society_.html]]> 2016-10-25 07:39:27 UTC https://padlet.com/leoferrer66/2ppa6be42j5d/wish/132923143 leoferrer66 https://padlet.com/leoferrer66/2ppa6be42j5d/wish/132923163 If the money we consume are overspent easily on useless items, we would lack the resources to purchase the necessities we need to live. But if we were to advise our friends and loved ones to control their spending habits, they would be able to continue living in our world and society. If not, then would the numerous amounts of branded clothing and miscellaneous items feed us? No, it would not, so instead of purchasing pointless items that are overpriced, spend on necessities instead and local products to support our economy and help those in need.]]> 2016-10-25 07:39:32 UTC https://padlet.com/leoferrer66/2ppa6be42j5d/wish/132923163 leoferrer66 https://padlet.com/leoferrer66/2ppa6be42j5d/wish/132923173 The problem is that in our society today, people are obsessed with branding their selves. They choose to purchase brands that are internationally known, believing that they offer top quality products. These products are often expensive or overpriced. The outcome is that the resources of the people, money, is being consumed at a faster rate over purchasing an item that is only good for a short time period. ]]> 2016-10-25 07:39:36 UTC https://padlet.com/leoferrer66/2ppa6be42j5d/wish/132923173 leoferrer66 https://padlet.com/leoferrer66/2ppa6be42j5d/wish/132923181 You can take these all these opportunities and here are the steps:

If you plan to make a business be sure to plan well and know what service or product you are trying to give. In doing so, you can now advertise to promote your business, for your business to be known by potential customers. Think of an advertisement that would capture the attention of your customer. No matter, how good your product or service is, without advertisements, people would not even know that your business exists.

On advising your friends, tell your friends instead to buy locally to support our economy. Buying online sends money out of the community instead of it rotating around the community. Buying locally deprives tax revenue that helps build infrastructures and various government projects. You can tell your friends is that if the object that he is planning to purchase can be purchased in a local store or if there is a substitute of the product that looks identical to the one that your friend wishes to purchase; then he should choose to purchase locally to support the economy .

]]> 2016-10-25 07:39:39 UTC https://padlet.com/leoferrer66/2ppa6be42j5d/wish/132923181 leoferrer66 https://padlet.com/leoferrer66/2ppa6be42j5d/wish/132923194 In the multiple functions of economics, there are different opportunities that can be found using media. First, one can promote the services of a bank via social media to inform possible customers that they can invest or save in the bank. Relating this to ABM, we students can make a business that performs various services to help the community. For this business to be known by others, we can advertise in social media websites. 

Second, advising friends weather they should purchase an item online is an opportunity because his money could go into something more beneficial if he spent it on something useless. As students, we would advise our friends to purchase the object within the community because this would benefit the economy of the country by supporting local businesses. ]]> 2016-10-25 07:39:41 UTC https://padlet.com/leoferrer66/2ppa6be42j5d/wish/132923194 leoferrer66 https://padlet.com/leoferrer66/2ppa6be42j5d/wish/132923201 There are multiple functions of economics in our society. Although, we are only going to name 3 of them and these are:

1. Production - to make
2. Distribution - sharing / supplying
3. Consumption -  buy / use up

]]> 2016-10-25 07:39:44 UTC https://padlet.com/leoferrer66/2ppa6be42j5d/wish/132923201 leoferrer66 https://padlet.com/leoferrer66/2ppa6be42j5d/wish/132924201

The branch of knowledge concerned with the production,consumption, and transfer of wealth

The condition of a region or group as regards material prosperity

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