The Foundations of Economic Theory
Pure market economy, pure command economy, traditional economy and mixed economy
What are the four economic systems?
Environment, Equity and The Economy
What are the concepts of Sustainability?
State occupied by the Belgians
Walrus and beluga whale
What are their favourite animals?
The concept of scarcity involves...
What is choice?
Extraction, Production, Distribution, Consumption and Disposal
What is the Linear Process?
King of the Belgians from 1865-1909
Who was King Leopold II?
Born in 2006
Which year was Lou Anne born in?
The issue of scarcity and how best to produce and distribute scarce resources.
What is the basic economic problem?
Make, Use, Reuse, Repair, Remake and Recycle
What is the Circular Economy?
Conference held in 1884
When was the Berlin Conference?
Favourite colour is Pink
What is Maja's favourite colour?
Use to demonstrate opportunity cost
What is a PPC used for?
Display geographical areas or regions that are coloured shaded or patterned in relation to data
What is a Choropleth map?
Two remaining African states that stayed independent
What were Ethiopia and Liberia?
Is a fake Blonde
Is Lou a fake blonde?
As you make more of X and Y, you are using the human capital from X to do Y
What is the law of diminishing returns?
Customers, Suppliers, Governments, Communities, and Investors
Who are the stakeholders?
Between 1945 and 1960 Countries..
When did imperialism end?
Is Tiktok Famous
Maja is Tiktok famous?