Boost PC performance: How more available memory can improve productivity
Go #14 basics of economics 2011 2012
1. GO # 14
Economic Concepts
Scarcity
Resources
Choice
Opportunity
Cost
Price
Incentives
Production
Consumption
Supply
Demand
2. Types of Economies
Every country must develop an economic system to determine how to use its limited productive
resources. The key factor in detemrine the type of economy is the extent of
_________________________. The type of economy a country has answer three basic questions.
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Tradiditonal Economy Free Market Economy
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Command Economy Mixed Economy
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No country relies exclusively on markets to deal with the economic problem of scarcity.
