ANSWERING THE 3
BY: LISA ENNIS
TERMS TO KNOW
Economic system- the method used by a society
to produce and distribute goods and services
Factor payments- income people receive for
supplying factors of production
Understand risk management and
YouTube - Risk is our Business
Types of risk
Ways to handle risks
Risks & Risk Management
incurring a loss.
Supply and Demand
Understanding the laws of supply and demand is the key to understanding how
the capitalist economy works. The economic system of free enterprise relies on
market forces instead of government forces, or the interactions
MBA EC10 Risk Reward
Objective A Explain the importance of profit in a private enterprise system.
Objective B Describe factors affecting profit.
How Much Is Enough?
Imagine you want to sell some friendship bracelets youve made. Sinc
FRED Graph Observations
Federal Reserve Economic Data
Economic Research Division
Federal Reserve Bank of St. Louis
Consumer Price Index for All Urban Consumers: All Items,
ATOMIC STRUCTURE CLASSWORK
NAME: Mekylla Morrell
1. The atom is the smallest unit of Matter .
2. Fill out the table below:
Economic System Match-Up
Match the following examples with the correct pure economic system Traditional (T),
Market (M), or Command (C).
1. Prices are set by the government.
2. Based on cus
5.01 Four Types of Utility Marketing
All four types of utility must be present for consumers to be satisfied; none of them can be overlooked. Students will list 10 different
types of products/services. Provide an example of each utility for the product/se