Chapter 1

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Chapter 1

  1. 1. Anish Desai Principles of Business and Personal Finance- Block 3
  2. 2. <ul><li>Needs </li></ul><ul><li>Shelter- House </li></ul><ul><li>Food and Water </li></ul><ul><li>Money </li></ul><ul><li>Wants </li></ul><ul><li>IPod Touch </li></ul><ul><li>New Laptop </li></ul><ul><li>New T.V. </li></ul>
  3. 3. <ul><li>Goods are things that you can see and touch (drinks and clothes) services are activities that are consumed at the same time they are produced (electricity and gasoline). </li></ul>
  4. 4. <ul><li>Services are activities that are consumed at the same time they are produced (electricity and gasoline). </li></ul>
  5. 5. <ul><li>Trees </li></ul><ul><li>Water </li></ul><ul><li>Plants </li></ul>
  6. 6. <ul><li>Farmers </li></ul><ul><li>Factory Workers </li></ul><ul><li>Truck Drivers </li></ul>
  7. 7. <ul><li>Buildings </li></ul><ul><li>Equipment </li></ul><ul><li>Supplies </li></ul>

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