Economic Systems
7 Business Skills
The Story of Stuff
Vocab
100

Total amount of economic systems

What is 4 economic systems?

100

Examples of these skills include active listening, empathy, leadership, collaboration.

What is social skills?

100
Amount of natural resources trashed in last few decades.

What is 1/3?

100
Belief that individuals can develop their skills to be better with dedication and hard work

Growth Mindset

200

Economic system based on community.

What is Traditional?

200

The first thing you are selling to customers.

Yourself then your products.

200

Mixing natural resources with toxins

What is the production stage?

200

the willingness to develop, organize and manage a business

What is entrepreneurship?

300

The government determines wages and prices.

What is command economy?

300
The 3 P's of communication.

What is polite, professional and positive?

300
The production system used by manufacturers that create almost any product that you can think of.

The Material Economy.

300

The intention of improving something

Innovation

400
The difference between Market & Mixed Economy.

What is government regulation?

400

4 things needed for Financial Skills

What is basic accounting, organized skills, managing skills and understanding of state & fed tax laws and requirements?
400

The era that modern consumer economy began to rise.

What is after World War 2?

400

an optimistic attitude, "can do"

Entrepreneurial Mindset

500

Linear system of production

Material Economy

500

The difference between Technical & Technological Skills.

What is ability & knowledge such as computer skills, analyzing data & managing skills (Technical) vs accessibility on platforms (Technological)?

500

Designed for the Dump

What is Planned Obsolescence?

500

A change in strategy

Pivot

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