Monday, February 9, 2009

Economic Dissions



  • Economic Dissions That business That You Really Need


  •  Air (Oxygen)


  • Food


  • Clothes


  • Water


  •  A House (shelter)


  •  A job


  • Things you want

  • Music
  • Laptop
  • Clothes
  • Jewelry
  • Vehicles

You are given one million dollars  what will you do with it?



  1.  Save it


  2. Invest it


  • Buy some services with it


    •  Hire an investor


    •  Take Vacations 


  • Economic resources   




    • Natural resource









                • All things made by the earth 



  •   Human Resources (Labor)


  • Teachers


  • Public servants



    • Firefighters


    • Policemen


    • DMV worker


  • Tools



    • Computers (what you're using now) -Victor Squire 1/26/09 9:05 AM 


    • Factories


    • Tools


    • The Internet



      • E-mail


    • Office Buildings


  •  Limited resources



    • We don't have many of these


    • scarcity affects everyone


    • Many aren't affordable because of wages ,pay, of families 


    • Like teacher can't afford anything a doctor can because of scarcity.


    • Government  can also be affected because of scarcity


  • How to make economic dissions



    • define the problem


    • identify the chooses


    • Evaluate the advantages


    •  Think of your solutions


    • Act on your dission


    • Review your dission

  Economic Measurements



  • GDP



    • What Consumers ,Business and Governments Spends


  • GDP per Captia


  • GDP per person


  • The Business Cycle



    • Prosperity



      • Who want to work are working and wages are good !


      • Business produce goods and services in record numbers !


    • Recession



      • Demand begins to decrease and business lower production and unemployed begins.


    •  


    • Depression


    • Weak Sells Business failures and GDP fail rapidly.


    • Recovery


  •  

 

 

 

 

 

 

  

 

  

 

 


No comments:

sign in to rosevictorstaus=

Sign in to rosevictor's staus if you haven't allready

BlogCatalog