Questions About Remote Learning?
The story of economics
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A short story to get you to know economics the best.
Whats is economics?
Economics is the scientific study of how individuals have unlimited needs and wants with limited resources
Do you like cash, credit, or debit?
I like cash ready to go so I can buy what I want.
Because credit is money you will have to pay back later and pay more than what you used.
You know those shoes you're wearing are part of a physical capital
Because something in the factory is making it.
They are!! How?
Lets go somewhere to eat.
OK because this basketball is wearing me out.
Isn't your dad a entrepreneur.
Yup. And my mom is is a chef and that's part of labor.
They must have a scarcity on water and resources.
Right there is a big drought in California.
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