Lesson Details

Chapter 1- Economic

Spring 2017

Economics

Date

Jan. 30, 2017

Additional Info
Good morning Econ students, please complete the work and hand in at he end of the class.  I'm expecting that you will know the information when I return on Wednesday. Your textbook has already been added.  Please use it for these assignments.
  1. Please define all the terms in the economic dictionary. pg. 3
  2. Characterize a good or service as a need, a want, or both. (you decide the good or service.  Make a table)
  3. Describe the characteristics of a successful entrepreneur.
  4. Identify the factors of production needed by a business.
  5. Evaluate the impact of scarce resources.
  6. Section I - Assessment. pg. 7 # 3-7
Please answer all questions on loose leaf and hand in at end of class.