My stellar padlet by Cooper Roberts https://padlet.com/robercoo2022/wv17fbkojrep9zl5 Made with charm en-us 2021-10-11 12:06:11 UTC 2021-10-11 23:42:06 UTC hello@padlet.com scarcity robercoo2022 https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1807437049 not enough resources to meet wants ]]> 2021-10-11 12:19:41 UTC https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1807437049 Market robercoo2022 https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1807438411 place people go to buy and sell goods ]]> 2021-10-11 12:20:22 UTC https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1807438411 opportunity cost robercoo2022 https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1807439932 choosing one thing and giving the next best alternative ]]> 2021-10-11 12:21:04 UTC https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1807439932 Capitalism robercoo2022 https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1807442783 a economic system where businesses are owned privately ]]> 2021-10-11 12:22:15 UTC https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1807442783 Profit Motive robercoo2022 https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1807445781 what gives people incentives to improve their financial well being ]]> 2021-10-11 12:23:36 UTC https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1807445781 socialism robercoo2022 https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1807447603 where government owns some but not all means of production ]]> 2021-10-11 12:24:18 UTC https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1807447603 Adam Smith robercoo2022 https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1807449412 Laisse-Faire economics wealth of nations ]]> 2021-10-11 12:25:06 UTC https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1807449412 Trade-offs robercoo2022 https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1807453592 All other alternative choices ]]> 2021-10-11 12:26:59 UTC https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1807453592 voluntary exchange robercoo2022 https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1807455531 people may freely participate in the market ]]> 2021-10-11 12:27:47 UTC https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1807455531 North Korea robercoo2022 https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1807456327 command example ]]> 2021-10-11 12:28:08 UTC https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1807456327 market economy robercoo2022 https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1807467718 people own some factors of production ]]> 2021-10-11 12:32:42 UTC https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1807467718 command economy robercoo2022 https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1807470333 government answers the 3 basic economic questions ]]> 2021-10-11 12:33:47 UTC https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1807470333 traditional economy robercoo2022 https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1807472093 relies on habits and the past ]]> 2021-10-11 12:34:33 UTC https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1807472093 united states robercoo2022 https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1807473067 market example ]]> 2021-10-11 12:34:58 UTC https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1807473067 mixed economy robercoo2022 https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1807475992 government has some say in the economy ]]> 2021-10-11 12:36:06 UTC https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1807475992 three basic questions robercoo2022 https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1808986056 what, who, how ]]> 2021-10-11 23:34:34 UTC https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1808986056 four factors of production robercoo2022 https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1808989040 land labor capital entrepreneurs ]]> 2021-10-11 23:36:46 UTC https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1808989040 production possibilities curve robercoo2022 https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1808991838 shows how well a economy is doing ]]> 2021-10-11 23:38:43 UTC https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1808991838 trade offs robercoo2022 https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1808994494 alternatives that are given up when decisions are made ]]> 2021-10-11 23:40:02 UTC https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1808994494 incentives robercoo2022 https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1808997388 things that people are given to do more work or do something better ]]> 2021-10-11 23:42:06 UTC https://padlet.com/robercoo2022/wv17fbkojrep9zl5/wish/1808997388