Economic Concepts
What is Scarcity?
not enough resources to produce or purchase goods.
What are households made up of?
People
In a circuit, what is the purpose of the switch?
to control the flow of energy through the circuit
Who is ''Santa Tell Me" by?
Ariana Grande
What are natural resources?
Resources from nature used to produce goods and services.
What are human resources?
People who provide labor to produce goods and provide services.
Is wood a conductor or insulator?
Insulator
All I want for Christmas is...
What are productive resources?
Natural resources, Capital goods, Human Resources, Entrepreneurship
Specialization is a matter of
Choice
What is A Watt?
A measurement of the power
Sing the first 2 lines of Jingle bell rock..
Jingle bell, jingle bell, jingle bell rock
Jingle bells swing and jingle bells ring
What is standard of living?
The quality of life people live.
Private Businesses
Organize natural, human, and capital resources.
When a light switch is turned on, the circuit is
Closed
How many reindeers does santa have?
9 including rudolph.
What is the better choice? Having something that cost or benefit you?
Benefit
Types of businesses are:
restaurants
clothing stores
grocery store
Three Forms Of Electricity:
Current electricity, static electricity, ad bioelectricity
Name a Christmas song made by Chris Brown?
This Christmas