Question | Answer |
1. Who is the largest employer in the United States? |
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2. Find an image on the internet of a basic human NEED and take a screenshot. |
| 3. What is the basic economic problem? |
| 4. What is the term for things that are not necessary for survival, but add comfort to our lives? |
| 5. Find an image on the internet of a business that sells a specific product. Take a screenshot. |
| 6. In YOUR own words, define the economic term "supply" |
| 7. Write a short description of a time in the last week where you had to make a decision or choice about something. Explain what the choice was and the alternatives. |
| 8. Look up the definition of a Traditional Economy and include an example of a country with that type of economy. |
| 9. Without looking them up--work with your partner to figure out the company slogans for the following companies: Nike, McDonald’s, Subway |
| 10. Why is competition amongst businesses a good thing? |
| 11. What are the three main types of economic resources? |
| 12. Find an image of a NATURAL resource. | |