vocab
the study of how we use resources
economics
giving something up for something else
opportunity cost
Who was the old man Maniac was hanging out with
Grayson
why study history
to learn about the past and make informed decisions
list 2 resources
land
labor
capital
entrepreneurship
amount of goods you want to sell
supply
Why did Maniac run away from the Beale's
he wanted to protect them
who built the great wall of China
slaves
list 3 resources
land
labor
capital
entrepreneurship
what people want to buy and how much of it
demand
What did Maniac do when Mars Bar offered him his candy bar
he took a bite
On what continent is Spain located
Europe
list 4 resources
land
labor
capital
entrepreneurship
goods shipped out
exports
What happened to Amanda's encyclopedia A
it was shredded
what ocean is west of Washington
Pacific Ocean
not enough resources
scarcity
goods shipped in
imports
What was the last pitch John McNab threw at Maniac
frog ball
Who was America's first president
George Washington