Learning Objectives 12.1 Describe the predominant economic systems and how they impact business. 12.2 Define scarcity and identify the problems posed.
Circle Clue Game Slowly, reveal clues. Try to guess correct answer using as few clues as possible. GOOD LUCK!!!
You are stranded on an Island!!!! Name and Flag for your island Who will perform the following duties: ▫Hunting and gathering food ▫Cooking food ▫Making.
Political Spectrum
Chapter 21 Section 1 A Republican Decade. What kind of leadership were American seeking in the early 1920s? Americans wanted strong, reassuring leaders.
Cold War terms Capitalism Communism Arms race Germany Domino Effect Cold War Hot Spots.
The Cold War – Part 1 Things Get Chilly. At Yalta, GB, USSR, and the US decide how to structure the post-war world.
Objective: Cover the development of Communism and Socialism.
Political Culture – China. Dedication to Communism Government no longer expects people to actively support communism, so long as the don’t actively oppose.
Economics Chapter 2 REVIEW Economics in the NEWS.
Economy: Production or exchange of goods and services by a group › Goods: things to be traded, bought, or sold › Services: work done in exchange for.
Transformation process. Transformation process - generally Transformation vs. reform A transformation Changes of the economic system as a whole In the.