Economics Unit 1 by Carmen Carter-Durham https://padlet.com/carmen_carter_durham/syc6s8hg11t6 en-us 2018-10-08 13:41:02 UTC 2025-03-23 04:06:21 UTC hello@padlet.com Production Possibility Curve carmen_carter_durham https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290295173 2018-10-08 13:44:27 UTC https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290295173 3 Basic Economic Questions carmen_carter_durham https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290295705 What to produce?
For whom to produce?
How to produce?]]> 2018-10-08 13:45:32 UTC https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290295705 Economic Systems carmen_carter_durham https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290296173 Command Economy
Traditional Economy
Market Economy
Mixed Economy  ]]> 2018-10-08 13:46:29 UTC https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290296173 carmen_carter_durham https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290297292 Scarcity is the state of being scarce or in short supply; shortage]]> 2018-10-08 13:48:44 UTC https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290297292 carmen_carter_durham https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290298787 2018-10-08 13:51:27 UTC https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290298787 The Four Factors Of Prduction carmen_carter_durham https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290299487 Land
Labor
Capital
Entrepreneurship ]]> 2018-10-08 13:52:45 UTC https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290299487 Production Cartoon carmen_carter_durham https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290301276 2018-10-08 13:55:39 UTC https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290301276 Example of Labor carmen_carter_durham https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290302416 2018-10-08 13:57:32 UTC https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290302416 Example of Land carmen_carter_durham https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290302852 2018-10-08 13:58:12 UTC https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290302852 Example of Entrepreneurship carmen_carter_durham https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290305328 2018-10-08 14:01:44 UTC https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290305328 Shortage carmen_carter_durham https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290306762 A shortage is a state or situation in which something needed cannot be obtained in sufficient amounts.]]> 2018-10-08 14:04:44 UTC https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290306762 carmen_carter_durham https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290307592 Capital resources are goods produced and used to make other goods and services. Basic categories of capital resources include tools, equipment, buildings, and machinery.]]> 2018-10-08 14:06:26 UTC https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290307592 Surplus carmen_carter_durham https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290308203 A surplus is an amount of something left over when requirements have been met; an excess of production or supply over demand.]]> 2018-10-08 14:07:36 UTC https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290308203 carmen_carter_durham https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290309789 Opportunity cost is the loss of potential gain from other alternatives when one alternative is chosen.]]> 2018-10-08 14:10:10 UTC https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290309789 Trade Off carmen_carter_durham https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290310367 Trade off is a balance achieved between two desirable but incompatible features; a compromise.]]> 2018-10-08 14:11:10 UTC https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290310367 carmen_carter_durham https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290312240 2018-10-08 14:14:46 UTC https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290312240 carmen_carter_durham https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290312756 2018-10-08 14:15:50 UTC https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290312756 carmen_carter_durham https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290313055 2018-10-08 14:16:24 UTC https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290313055 Surplus and Shortage Chart carmen_carter_durham https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290313696 2018-10-08 14:17:37 UTC https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290313696 Successful Entrepreneurs carmen_carter_durham https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290314681
  • Andrew Carnegie
  • Henry Ford
  • Oprah Winfrey
  • Bill Gates
  • Larry Page
    • ]]>     2018-10-08 14:19:16 UTC https://padlet.com/carmen_carter_durham/syc6s8hg11t6/wish/290314681