https://padlet.com/krausbai2023/f0wana8jx3vii56z Made with serendipity en-us 2021-10-08 12:01:32 UTC 2021-10-12 00:09:18 UTC hello@padlet.com krausbai2023 https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1802356996 Products and services that are essential to human life. ]]> 2021-10-08 12:13:47 UTC https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1802356996 krausbai2023 https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1802362502 Unlimited products and services which are not essential to life, but are still wanted by humans. ]]> 2021-10-08 12:16:59 UTC https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1802362502 krausbai2023 https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1802376650 The resources people and companies use to produce goods and services.]]> 2021-10-08 12:24:36 UTC https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1802376650 krausbai2023 https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1802380303  The social science that studies how people interact with value; in particular, the production, distribution, and consumption of goods and services.]]> 2021-10-08 12:26:31 UTC https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1802380303 krausbai2023 https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1807404870 A situational decision that involves diminishing or losing one quality, quantity, or property in return for gains in other aspects.]]> 2021-10-11 12:04:10 UTC https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1807404870 krausbai2023 https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1807408564 The debate over if the government should spend more money on the military vs. on domestic problems. ]]> 2021-10-11 12:06:07 UTC https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1807408564 krausbai2023 https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1807412265 An economic state in which every resource is optimally allocated to serve each individual or entity in the best way while minimizing waste and inefficiency.]]> 2021-10-11 12:07:51 UTC https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1807412265 krausbai2023 https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1807416758 An arrangement that allows buyers and sellers to exchange goods and services and money. ]]> 2021-10-11 12:10:00 UTC https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1807416758 krausbai2023 https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1807419072 The hope of reward or fear of penalty which encourages a person to behave in a certain way. ]]> 2021-10-11 12:11:08 UTC https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1807419072 krausbai2023 https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1807423738 The incentive that drives individuals and business owners to improve their material well being. ]]> 2021-10-11 12:13:28 UTC https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1807423738 krausbai2023 https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1807426471 The principle that people have the right to control their possessions and use them as they wish. ]]> 2021-10-11 12:14:51 UTC https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1807426471 krausbai2023 https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1807431357 A political system in which the government owns and controls all resources and means of production and makes all economic decisions. ]]> 2021-10-11 12:17:10 UTC https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1807431357 krausbai2023 https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1807437390 Economic system that has some market-based elements and some level of government involvement. ]]> 2021-10-11 12:19:51 UTC https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1807437390 krausbai2023 https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1807443268 2021-10-11 12:22:28 UTC https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1807443268 krausbai2023 https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1807447675 A person or group of people living in a single residence. ]]> 2021-10-11 12:24:20 UTC https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1807447675 krausbai2023 https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1807450727 A private organization that tries to persuade public officials to act in ways that benefit their members. ]]> 2021-10-11 12:25:42 UTC https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1807450727 krausbai2023 https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1807457979 Laws requiring companies to provide information to consumers about their products and services. 

]]> 2021-10-11 12:28:46 UTC https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1807457979 krausbai2023 https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1807462601 Creations, such as books, songs, and symbols that consist of ideas rather than physical objects. ]]> 2021-10-11 12:30:32 UTC https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1807462601 krausbai2023 https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1807932705 The principle that people may decide what agreements they want to enter into. ]]> 2021-10-11 15:00:06 UTC https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1807932705 krausbai2023 https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1807944702 The concentration of the productive efforts of individuals and businesses on a limited number of activities. ]]> 2021-10-11 15:03:57 UTC https://padlet.com/krausbai2023/f0wana8jx3vii56z/wish/1807944702