Fundamentals by https://padlet.com/samantha_blankenship3/9sdkcyibe9vr Sam Blankenship en-us 2018-10-08 13:41:18 UTC 2018-10-08 14:17:22 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Beartoy.png Scarcity samantha_blankenship3 https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290294841 must be desired or wanted
must be limited]]> 2018-10-08 13:43:51 UTC https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290294841 Economic Systems Continuum samantha_blankenship3 https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290295190 2018-10-08 13:44:29 UTC https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290295190 Microeconomics Labels samantha_blankenship3 https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290295987 point c- inefficient
point a and b- efficient
point d- impossible]]> 2018-10-08 13:46:07 UTC https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290295987 Market Economy samantha_blankenship3 https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290297642 economic decisions are made by the people]]> 2018-10-08 13:49:24 UTC https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290297642 Command Economy samantha_blankenship3 https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290298224 economic decisions are made by a central government]]> 2018-10-08 13:50:27 UTC https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290298224 Traditional Economy samantha_blankenship3 https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290298852 traditions, customs, and beliefs shape the economy]]> 2018-10-08 13:51:33 UTC https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290298852 Mixed Economy samantha_blankenship3 https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290299816 economic system combining private and public enterprise]]> 2018-10-08 13:53:14 UTC https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290299816 Land samantha_blankenship3 https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290300522 any natural resource used to produce a good or service]]> 2018-10-08 13:54:26 UTC https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290300522 Labor samantha_blankenship3 https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290301253 the effort that people contribute to production of goods and services]]> 2018-10-08 13:55:37 UTC https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290301253 Capital samantha_blankenship3 https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290302503 machinery, tools, and buildings used in production]]> 2018-10-08 13:57:40 UTC https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290302503 Entrepreneurship samantha_blankenship3 https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290303077 a person who combines the other factors of production to earn a profit]]> 2018-10-08 13:58:36 UTC https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290303077 3 Basic Economic Questions samantha_blankenship3 https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290304582 what to produce?
how to produce?
for whom to produce?]]> 2018-10-08 14:00:14 UTC https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290304582 Capitalism samantha_blankenship3 https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290307883 2018-10-08 14:07:02 UTC https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290307883 Specialization samantha_blankenship3 https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290308406 2018-10-08 14:07:57 UTC https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290308406 Economic Growth samantha_blankenship3 https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290308773 increase in the amount of goods and services produced per head of population over a certain amount of time]]> 2018-10-08 14:08:33 UTC https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290308773 Relationship Between Opportunity Cost and Trade Off samantha_blankenship3 https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290309931 2018-10-08 14:10:22 UTC https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290309931 Wants and Needs samantha_blankenship3 https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290311368 2018-10-08 14:13:01 UTC https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290311368 Public Goods samantha_blankenship3 https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290311737 2018-10-08 14:13:47 UTC https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290311737 Private Goods samantha_blankenship3 https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290312377 an item that yields positive benefits to people]]> 2018-10-08 14:15:04 UTC https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290312377 Circular Flow Model samantha_blankenship3 https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290313374 2018-10-08 14:17:00 UTC https://padlet.com/samantha_blankenship3/9sdkcyibe9vr/wish/290313374