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Economy

Published on Nov 20, 2015

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MORE DECKS TO EXPLORE

PRESENTATION OUTLINE

1.

ECONOMY

A SYSTEM WHICH PEOPLE SET THE THINGS THEY NEED AND WANT
Photo by c_ambler
2.

NEEDS

THINGS YOU MUST HAVE TO SURVIVE
Photo by karpidis
3.

WANTS

THINGS YOU CAN SURVIVE WITHOUT
Photo by Jack Amick
4.

BUDGET

HOW MUCH MONEY A PERSON HAS OVER A PRIOD OF TIME
Photo by bmward_2000
5.

TRADE

PEOPLE AND NATIONS EXCHANGE GOODS AND SERVICES
Photo by mikecogh
6.

GOODS

THINGS PEOPLE USE (NEED/WANT)
Photo by mrwalker
7.

SERVICES

SOMEONE WHO WORKS FOR YOU
Photo by Dave Hoefler
8.

PRODUCER

PEOPLE WHO CREATE GOOD OR PROVIDE SERVICES
Photo by omefrans
9.

CONSUMERS

PEOPLE WHO PURCHASE OR USE GOODS AND SERVICES
Photo by dcJohn
10.

SUPPLY

AMOUNT OF GOODS SOMEONE HAS IN SUPPLY
Photo by dkilim
11.

DEMAND

THE AMOUNT OF GOODS SOMEONE WANTS TO BUY
Photo by Dr. Harout
12.

PROFIT

AMOUNT OF MONEY MADE AFTER PAYING RESOURCES AND WORKERS
Photo by aresauburn™
13.

SCARCITY

LIMITED AMOUNT OF RESOURCES SOMETIMES A SHORTAGE
Photo by London Permaculture
14.

INTERDEPENDENCE

AT LEAST 2 THINGS THAT DEPEND ON ONE ANOTHER
Photo by DonkeyHotey

Tyler Arrowood