Sunday, November 27, 2011

American Govt./ Econ: Nov. 28-Dec. 2

This week we will continue our discussion of major concepts within economics. We will discuss the issue of scarcity & unlimited wants. We will also investigate topics such as opportunity cost, the factors of production, and resources; including natural and human. We will discuss the concept of renewable & non-renewable resources as well. Towards the end of the week we will begin to focus on the American Free Enterprise System.

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