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Published on Feb 04, 2016

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PRESENTATION OUTLINE

1.

GOODS & SERVICES

  • an entrepreneur is someone who combines the
  • natural, human ans capital resources to pro-
  • duce goods or service.
2.

SCARCITY

  • scarcity results because resources are
  • limited and humans wants are unlimited
Photo by hermetic hermit
3.

ECONOMIC

  • important economic activities of Michigan include
  • manufacturing, agriculture, mining and tourism.
Photo by Paco CT
4.

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  • interdependent
Photo by World Economic Forum
5.

MICHIGAN GOODS

  • Michigan exports goods like cars to
  • other places.
  • Michigan imports goods like computers and
  • bananas from other places
Photo by Nrbelex
6.

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  • wind turbine
7.

NEW THINGS

  • it will take entrepreneurs, new ideas, and the
  • good use of resources to help Michigan's
  • economy grow in the future
Photo by Sergiu Bacioiu
8.

GOVERNMENT

  • the state government provides public goods and
  • services such at state parks, highway, and the
  • state police.
  • to pay for these public good and services the
  • state government collects money from taxes, fees, and fines.
Photo by wbeem

Ariael Surls

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