Economics by https://padlet.com/erin_dejoseph/bjfam49bbdrx The Big Picture en-us 2018-09-26 13:28:55 UTC 2018-09-26 17:57:22 UTC hello@padlet.com What is Economics? erin_dejoseph https://padlet.com/erin_dejoseph/bjfam49bbdrx/wish/286006411 Economics is the study of choices that people, businesses, and countries make.]]> 2018-09-26 13:30:09 UTC https://padlet.com/erin_dejoseph/bjfam49bbdrx/wish/286006411 Choices erin_dejoseph https://padlet.com/erin_dejoseph/bjfam49bbdrx/wish/286006907 Choices are made based off of the benefits and opportunity cost of each decision.]]> 2018-09-26 13:30:48 UTC https://padlet.com/erin_dejoseph/bjfam49bbdrx/wish/286006907 Scarcity erin_dejoseph https://padlet.com/erin_dejoseph/bjfam49bbdrx/wish/286007239 Choices are influenced when resources are scarce.]]> 2018-09-26 13:31:19 UTC https://padlet.com/erin_dejoseph/bjfam49bbdrx/wish/286007239 Resources erin_dejoseph https://padlet.com/erin_dejoseph/bjfam49bbdrx/wish/286007724 Resources are called the factors of production. They include land, labor, and capital. ]]> 2018-09-26 13:32:01 UTC https://padlet.com/erin_dejoseph/bjfam49bbdrx/wish/286007724 Choose a country and research what its biggest export is. List your information on this board. Then choose another student's response as the country yours would trade with. Explain why you made this choice based by incorporating the vocabulary listed to the right. erin_dejoseph https://padlet.com/erin_dejoseph/bjfam49bbdrx/wish/286134033 2018-09-26 16:39:33 UTC https://padlet.com/erin_dejoseph/bjfam49bbdrx/wish/286134033