https://padlet.com/methusan6/k025qg4h0lpiigzg Made by Methusan Thirumaran en-us 2021-04-07 23:11:23 UTC 2021-04-08 00:44:53 UTC hello@padlet.com methusan6 https://padlet.com/methusan6/k025qg4h0lpiigzg/wish/1393630735 In this website it has shown me that every individual has struggled in some way. It is shown that everyone is struggling with any sort of resource. The governments choices are not always right and also it is clearly shown every where on the news.]]> 2021-04-07 23:17:00 UTC https://padlet.com/methusan6/k025qg4h0lpiigzg/wish/1393630735 methusan6 https://padlet.com/methusan6/k025qg4h0lpiigzg/wish/1393630893 In this economy, the goods that are being produced are controlled by a higher economic authority. This post has shown us that the distribution of goods can be controlled by individuals or can be out sourced to other countries.]]> 2021-04-07 23:17:06 UTC https://padlet.com/methusan6/k025qg4h0lpiigzg/wish/1393630893 methusan6 https://padlet.com/methusan6/k025qg4h0lpiigzg/wish/1393631031 Although the fact that these questions get answered on the daily. They all come from the same fundamentals. Which is allocation and scarvity.]]> 2021-04-07 23:17:11 UTC https://padlet.com/methusan6/k025qg4h0lpiigzg/wish/1393631031 methusan6 https://padlet.com/methusan6/k025qg4h0lpiigzg/wish/1393631685 This video explains the important concepts of the 3 basic questions. Also this shows us how society reacts to these 3 different categories. This video gets into how to react to these questions and that society and religion has its different values.

I chose this video because it explained the concept properly. I learned a bunch of new things about this topic by watching this video. One thing that i learned that i did not know about services is that they cannot be touched by the economy because they are needed in different ways.]]> 2021-04-07 23:17:37 UTC https://padlet.com/methusan6/k025qg4h0lpiigzg/wish/1393631685 methusan6 https://padlet.com/methusan6/k025qg4h0lpiigzg/wish/1393632370 This video gives us the basics of the questions. It does not get into huge detail on the topic this video specifically elaborates on what, how and for whom.

This video was really useful as well because it let me see the questions in a students perspective and words. One thing i learned in this video that i did not know is that the government actions can make everything more efficient but they tend not to realize that.]]> 2021-04-07 23:18:05 UTC https://padlet.com/methusan6/k025qg4h0lpiigzg/wish/1393632370 methusan6 https://padlet.com/methusan6/k025qg4h0lpiigzg/wish/1393632482 In this video it explains the questions and how it relates to the basic economic problem. People have unlimited needs and wants but limited resources which is a huge problem for the economy.

This video was really helpful because the information was provided by another institute. One thing i learned about this topic which i have not considered is that the basic economic questions is the basic economic problem. The resources need to allocated and rationed and that is a must in the economy.]]> 2021-04-07 23:18:10 UTC https://padlet.com/methusan6/k025qg4h0lpiigzg/wish/1393632482 methusan6 https://padlet.com/methusan6/k025qg4h0lpiigzg/wish/1393632620 In this video it shows us the same thing, the 3 questions but in this video it helps us imagine and think about these questions and how it affects the economy. In this video you will learn from scratch why economists are concerned.

This was another video i found to be really informative and also there is a lot of things i have learned in this video because it helped me imagine as if i was in that situation. This video helped me imagine and clearly understand the 3 basic concepts.]]> 2021-04-07 23:18:15 UTC https://padlet.com/methusan6/k025qg4h0lpiigzg/wish/1393632620 methusan6 https://padlet.com/methusan6/k025qg4h0lpiigzg/wish/1393632754 This picture shows us the 3 questions that relate to economics. This clearly gives us what to ask ourselves while reviewing the economy.]]> 2021-04-07 23:18:20 UTC https://padlet.com/methusan6/k025qg4h0lpiigzg/wish/1393632754 methusan6 https://padlet.com/methusan6/k025qg4h0lpiigzg/wish/1393632857 This picture shows us all the terms and problems that could occur in the economy and the society. This picture has all important words that relate to the 3 questions.]]> 2021-04-07 23:18:24 UTC https://padlet.com/methusan6/k025qg4h0lpiigzg/wish/1393632857 methusan6 https://padlet.com/methusan6/k025qg4h0lpiigzg/wish/1393632961 I have learned many new things by researching about this topic. I have learned how to survive in an economy and also why these questions or concepts are really important. To understand a basic economy, it is essential to understand these 3 questions.]]> 2021-04-07 23:18:29 UTC https://padlet.com/methusan6/k025qg4h0lpiigzg/wish/1393632961 methusan6 https://padlet.com/methusan6/k025qg4h0lpiigzg/wish/1393633362 This topic is relevant and also interesting for me because i want to know how to survive in this society. All of these concepts i am learning will help me in my automotive path by branching out to the business side. Learning this has helped me further understand the economy much better.]]> 2021-04-07 23:18:45 UTC https://padlet.com/methusan6/k025qg4h0lpiigzg/wish/1393633362 methusan6 https://padlet.com/methusan6/k025qg4h0lpiigzg/wish/1393633464 If i was to pass on something important to a family member and or friends is that the basic economy problems could be solved by the 3 basic questions. How to produce, To whom and also what. These a essential questions you need to ask yourself. ]]> 2021-04-07 23:18:50 UTC https://padlet.com/methusan6/k025qg4h0lpiigzg/wish/1393633464 methusan6 https://padlet.com/methusan6/k025qg4h0lpiigzg/wish/1393783041 This is a powerpoint presentation about the 3 basic questions that are faced, it starts off with basic definitions of the economy and then further moves onto the main concept. It covers the traditional economy, the command economy, the market economy and also related countries.]]> 2021-04-08 00:34:51 UTC https://padlet.com/methusan6/k025qg4h0lpiigzg/wish/1393783041