<?xml version="1.0"?>
<rss version="2.0">
   <channel>
      <title>My smart shelf by Robbi Williams _ Student - EastWakeHS</title>
      <link>https://padlet.com/rlwilliams21/pi0ttqzsu11b</link>
      <description>Made with no regrets, whatsoever</description>
      <language>en-us</language>
      <pubDate>2020-03-13 20:58:51 UTC</pubDate>
      <lastBuildDate>2020-03-13 21:33:07 UTC</lastBuildDate>
      <webMaster>hello@padlet.com</webMaster>
      <image>
         <url></url>
      </image>
      <item>
         <title>Command Economy</title>
         <author>rlwilliams21</author>
         <link>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460333134</link>
         <description><![CDATA[<div>An economy in which economic decisions are made by the government or central authority</div>]]></description>
         <enclosure url="https://pixfeeds.com/uploads/images/1/44/5296458-1280_621727340-command-economy-example.jpg" />
         <pubDate>2020-03-13 21:02:40 UTC</pubDate>
         <guid>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460333134</guid>
      </item>
      <item>
         <title>Market Economy</title>
         <author>rlwilliams21</author>
         <link>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460334644</link>
         <description><![CDATA[<div>Economic decisions are made by individuals competing to earn profits </div>]]></description>
         <enclosure url="http://marketbusinessnews.com/wp-content/uploads/2015/08/Market-Economy.jpg" />
         <pubDate>2020-03-13 21:06:15 UTC</pubDate>
         <guid>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460334644</guid>
      </item>
      <item>
         <title>Traditional Economy</title>
         <author>rlwilliams21</author>
         <link>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460336027</link>
         <description><![CDATA[<div>An economic system where tradition and custom govern economic decisions</div>]]></description>
         <enclosure url="http://4.bp.blogspot.com/_nrw47tPGg_I/TG1RPqjyJiI/AAAAAAAAADc/F83X7SL9C4U/s1600/africa+farmer.jpg" />
         <pubDate>2020-03-13 21:09:40 UTC</pubDate>
         <guid>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460336027</guid>
      </item>
      <item>
         <title>Factor Market </title>
         <author>rlwilliams21</author>
         <link>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460336598</link>
         <description><![CDATA[<div>A market where businesses purchase the items needed to produce goods or services</div>]]></description>
         <enclosure url="http://i.ytimg.com/vi/J0LigIdph8I/maxresdefault.jpg" />
         <pubDate>2020-03-13 21:10:59 UTC</pubDate>
         <guid>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460336598</guid>
      </item>
      <item>
         <title>Product Market</title>
         <author>rlwilliams21</author>
         <link>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460337210</link>
         <description><![CDATA[<div>The marketplace where final goods or services are sold to businesses and the public sector</div>]]></description>
         <enclosure url="https://www.referralsaasquatch.com/wp-content/uploads/2017/04/image02-2.jpg" />
         <pubDate>2020-03-13 21:12:17 UTC</pubDate>
         <guid>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460337210</guid>
      </item>
      <item>
         <title>Mixed Economy </title>
         <author>rlwilliams21</author>
         <link>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460337523</link>
         <description><![CDATA[<div>Government and individuals share the economic decision making process</div>]]></description>
         <enclosure url="https://images.assettype.com/swarajya/2016-02/411fdcb1-66e9-4286-9318-31f127172b57/mixed-economy-002.jpg" />
         <pubDate>2020-03-13 21:13:09 UTC</pubDate>
         <guid>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460337523</guid>
      </item>
      <item>
         <title>Law of Demand</title>
         <author>rlwilliams21</author>
         <link>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460338551</link>
         <description><![CDATA[<div>As price increases, demand decreases </div>]]></description>
         <enclosure url="https://larspsyll.files.wordpress.com/2017/10/lawdem.jpg" />
         <pubDate>2020-03-13 21:15:08 UTC</pubDate>
         <guid>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460338551</guid>
      </item>
      <item>
         <title>Surplus</title>
         <author>rlwilliams21</author>
         <link>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460339109</link>
         <description><![CDATA[<div>When supply exceeds demand</div>]]></description>
         <enclosure url="https://mrmeiners.files.wordpress.com/2012/08/foodsurplus.jpg" />
         <pubDate>2020-03-13 21:16:34 UTC</pubDate>
         <guid>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460339109</guid>
      </item>
      <item>
         <title>Scarcity</title>
         <author>rlwilliams21</author>
         <link>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460340135</link>
         <description><![CDATA[<div>The gap between limited resources and limitless wants</div>]]></description>
         <enclosure url="https://www.worldatlas.com/r/w1200-h701-c1200x701/upload/aa/7c/a1/shutterstock-511571797.jpg" />
         <pubDate>2020-03-13 21:19:18 UTC</pubDate>
         <guid>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460340135</guid>
      </item>
      <item>
         <title>Monopoly</title>
         <author>rlwilliams21</author>
         <link>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460340342</link>
         <description><![CDATA[<div>When one company/group has complete control</div>]]></description>
         <enclosure url="https://media.npr.org/assets/img/2012/03/19/image004_custom-719236dd134e073cbc84ad373188d7912282d873-s1400.jpg" />
         <pubDate>2020-03-13 21:19:50 UTC</pubDate>
         <guid>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460340342</guid>
      </item>
      <item>
         <title>Need</title>
         <author>rlwilliams21</author>
         <link>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460340693</link>
         <description><![CDATA[<div>Something that is required</div>]]></description>
         <enclosure url="https://classroomclipart.com/images/gallery/Clipart/Black_and_White_Clipart/People/TN_black-white-begger-needs-food-drink-clipart.jpg" />
         <pubDate>2020-03-13 21:20:47 UTC</pubDate>
         <guid>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460340693</guid>
      </item>
      <item>
         <title>Profit Motive</title>
         <author>rlwilliams21</author>
         <link>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460341165</link>
         <description><![CDATA[<div>The motivation of firms that operate so as to maximize their profits</div>]]></description>
         <enclosure url="http://1.bp.blogspot.com/-pYaxsg7RnRY/Tkf7V_PZAjI/AAAAAAAAAXA/xWZ0onkRPOQ/s1600/profit+motive.jpg" />
         <pubDate>2020-03-13 21:21:56 UTC</pubDate>
         <guid>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460341165</guid>
      </item>
      <item>
         <title>Shortage</title>
         <author>rlwilliams21</author>
         <link>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460341364</link>
         <description><![CDATA[<div>When demand exceeds supply</div>]]></description>
         <enclosure url="http://www.gannett-cdn.com/-mm-/ccb9f7c89c63e525063bb2ec0a1a5190e29786a0/c=0-237-2560-1683&amp;r=x633&amp;c=1200x630/local/-/media/2016/06/22/USATODAY/USATODAY/636022109005594084-AFP-552402092.jpg" />
         <pubDate>2020-03-13 21:22:25 UTC</pubDate>
         <guid>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460341364</guid>
      </item>
      <item>
         <title>Shift in Demand Curve</title>
         <author>rlwilliams21</author>
         <link>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460341856</link>
         <description><![CDATA[<div>When a determinant of demand other than price changes</div>]]></description>
         <enclosure url="http://www.businessstudynotes.com/wp-content/uploads/2017/02/Shift-in-Demand-Curve.jpg" />
         <pubDate>2020-03-13 21:23:36 UTC</pubDate>
         <guid>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460341856</guid>
      </item>
      <item>
         <title>Shift in Supply Curve</title>
         <author>rlwilliams21</author>
         <link>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460342159</link>
         <description><![CDATA[<div>An increase or decrease in the quantity supplied that is paired with a higher or lower supply price</div>]]></description>
         <enclosure url="https://qph.fs.quoracdn.net/main-qimg-416868e487c05f2bb044ad9edc8de31d" />
         <pubDate>2020-03-13 21:24:24 UTC</pubDate>
         <guid>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460342159</guid>
      </item>
      <item>
         <title>Competition</title>
         <author>rlwilliams21</author>
         <link>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460343290</link>
         <description><![CDATA[<div>Rivalry in which sellers try to get what other sellers are seeking at the same time by offering the best price, quality, and service</div>]]></description>
         <enclosure url="http://sites.psu.edu/pdyepsu/wp-content/uploads/sites/16789/2014/10/runner-competition.jpg" />
         <pubDate>2020-03-13 21:27:00 UTC</pubDate>
         <guid>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460343290</guid>
      </item>
      <item>
         <title>Equilibrium</title>
         <author>rlwilliams21</author>
         <link>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460343809</link>
         <description><![CDATA[<div>Where supply and demand are equal</div>]]></description>
         <enclosure url="http://image.slideserve.com/641368/market-equilibrium40-l.jpg" />
         <pubDate>2020-03-13 21:28:16 UTC</pubDate>
         <guid>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460343809</guid>
      </item>
      <item>
         <title>Elastic Good</title>
         <author>rlwilliams21</author>
         <link>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460343996</link>
         <description><![CDATA[<div>A change in the behavior of buyers and sellers due to a change in price</div>]]></description>
         <enclosure url="https://tamoclass.files.wordpress.com/2015/10/elastic-demand.png" />
         <pubDate>2020-03-13 21:28:44 UTC</pubDate>
         <guid>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460343996</guid>
      </item>
      <item>
         <title>Inelastic Good </title>
         <author>rlwilliams21</author>
         <link>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460344724</link>
         <description><![CDATA[<div>A product that consumers continue to purchase even after a change in price</div>]]></description>
         <enclosure url="https://www.hybridcars.com/wp-content/uploads/2016/07/Filling-gas-tank.jpg" />
         <pubDate>2020-03-13 21:30:40 UTC</pubDate>
         <guid>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460344724</guid>
      </item>
      <item>
         <title>Factors of Production</title>
         <author>rlwilliams21</author>
         <link>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460345532</link>
         <description><![CDATA[<div>Land, labor, capital, and entrepreneurship</div>]]></description>
         <enclosure url="http://marketbusinessnews.com/wp-content/uploads/2016/08/Factors-of-Production.jpg" />
         <pubDate>2020-03-13 21:32:28 UTC</pubDate>
         <guid>https://padlet.com/rlwilliams21/pi0ttqzsu11b/wish/460345532</guid>
      </item>
   </channel>
</rss>
