Three Questions of Economics by Paige Perez https://padlet.com/paige_s_perez/woazamjwz81u en-us 2017-10-17 10:07:08 UTC 2026-01-11 13:18:57 UTC hello@padlet.com Produce Goods paige_s_perez https://padlet.com/paige_s_perez/woazamjwz81u/wish/197701929 Goods are physical product for consumption.]]> 2017-10-17 10:08:56 UTC https://padlet.com/paige_s_perez/woazamjwz81u/wish/197701929 Provide Services paige_s_perez https://padlet.com/paige_s_perez/woazamjwz81u/wish/197702019 Services are intangible and are provided to fulfill wants or needs.]]> 2017-10-17 10:09:31 UTC https://padlet.com/paige_s_perez/woazamjwz81u/wish/197702019 Consumer vs Capital Good paige_s_perez https://padlet.com/paige_s_perez/woazamjwz81u/wish/197702244 Consumer goods are for personal use. Capital goods are crafted to make other products (ie.machinery)]]> 2017-10-17 10:11:06 UTC https://padlet.com/paige_s_perez/woazamjwz81u/wish/197702244 Limitation 1: Land paige_s_perez https://padlet.com/paige_s_perez/woazamjwz81u/wish/197702635 The availability of natural resources decides how things are produced.]]> 2017-10-17 10:13:15 UTC https://padlet.com/paige_s_perez/woazamjwz81u/wish/197702635 Limitation 2: Labor paige_s_perez https://padlet.com/paige_s_perez/woazamjwz81u/wish/197702769 The productivity of employees decides how things are produced.]]> 2017-10-17 10:13:54 UTC https://padlet.com/paige_s_perez/woazamjwz81u/wish/197702769 Limitation 3: Capital paige_s_perez https://padlet.com/paige_s_perez/woazamjwz81u/wish/197703021 Having resources like real, human, and intellectual capital.]]> 2017-10-17 10:15:12 UTC https://padlet.com/paige_s_perez/woazamjwz81u/wish/197703021 Cooperative paige_s_perez https://padlet.com/paige_s_perez/woazamjwz81u/wish/197703726 Economy decides as a group how to meet needs.]]> 2017-10-17 10:18:50 UTC https://padlet.com/paige_s_perez/woazamjwz81u/wish/197703726 Custom paige_s_perez https://padlet.com/paige_s_perez/woazamjwz81u/wish/197703873 Tradition decides how to meet needs.]]> 2017-10-17 10:19:37 UTC https://padlet.com/paige_s_perez/woazamjwz81u/wish/197703873 Command paige_s_perez https://padlet.com/paige_s_perez/woazamjwz81u/wish/197704006 Those in power decide how to meet needs.]]> 2017-10-17 10:20:15 UTC https://padlet.com/paige_s_perez/woazamjwz81u/wish/197704006 Competitive paige_s_perez https://padlet.com/paige_s_perez/woazamjwz81u/wish/197704071 Economy decides based on supply and demand.]]> 2017-10-17 10:20:44 UTC https://padlet.com/paige_s_perez/woazamjwz81u/wish/197704071