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WEEK 7

With a partner, you need to:

 

Find out the definiton of each of the following economic terms and write them in your own words. 

 

You can find your own definitons. If you are struggling to understand. This is a useful dictionary.

 

Present your work in one of the following ways  

- Piktochart

- Infogram

- Easely

- A poster

- Something negotiated with Thomas

 

 

The terms you need to define are:

  1. Economics

  2. Goods

  3. Services

  4. Producer

  5. Consumer

  6. Supply

  7. Demand

  8. Scarcity 

  9. Increase

  10. Decrease

 

 

When you complete your work, save it on the X-Server of hand a physical copy to Thomas.

 

 

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