0
Chapter 1 Slideshow 2 By: Chris Keyes Principles in Business 3rd
Opportunity Cost <ul><li>The opportunity cost is the value of the next best alternative </li></ul><ul><li>Its an example o...
College choice <ul><li>An example for going picking a college is weather to go to a university or an community college </l...
A job after high school or college <ul><li>Today in the world many students have to decide on college or high school </li>...
Command Economy <ul><li>In an command economy the resources are owned and controlled by the government </li></ul><ul><li>A...
Market Economy <ul><li>In an market economy the resources are owned and controlled by the people in the country </li></ul>...
Capitalism <ul><li>Capitalism refers to private ownership of resources by individuals rather than the government </li></ul...
Communists Econmy <ul><li>An Communists economy is one who’s leader is in charge of everything </li></ul><ul><li>Cuba is a...
Upcoming SlideShare
Loading in...5
×

Chapter 1 Slideshow 2

308

Published on

Published in: Economy & Finance, Technology
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
308
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
3
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Transcript of "Chapter 1 Slideshow 2"

  1. 1. Chapter 1 Slideshow 2 By: Chris Keyes Principles in Business 3rd
  2. 2. Opportunity Cost <ul><li>The opportunity cost is the value of the next best alternative </li></ul><ul><li>Its an example of you deciding to live in New Jersey than New York </li></ul>
  3. 3. College choice <ul><li>An example for going picking a college is weather to go to a university or an community college </li></ul><ul><li>If u go to an university it is more calm and togather </li></ul><ul><li>Going to an university is it more spread out and unorganized </li></ul>
  4. 4. A job after high school or college <ul><li>Today in the world many students have to decide on college or high school </li></ul><ul><li>First you have to find the problem of the two </li></ul><ul><li>Then you have to identify the choices </li></ul><ul><li>Third you have to evaluate the advantages of the two </li></ul><ul><li>Then you choose one </li></ul><ul><li>Then you act on the choice </li></ul><ul><li>Then you review your decision </li></ul>
  5. 5. Command Economy <ul><li>In an command economy the resources are owned and controlled by the government </li></ul><ul><li>An example of an command economy is Japan </li></ul><ul><li>I advantage is good school system disadvantage is that you have no rights to your possesions </li></ul>
  6. 6. Market Economy <ul><li>In an market economy the resources are owned and controlled by the people in the country </li></ul><ul><li>U.S is an example of an market economy </li></ul><ul><li>An advantage is that you can own your own stuff but u have to make big decisions </li></ul>
  7. 7. Capitalism <ul><li>Capitalism refers to private ownership of resources by individuals rather than the government </li></ul><ul><li>U.S is an example of an capitalist </li></ul><ul><li>Advantage is that it gives individuals freedom </li></ul>
  8. 8. Communists Econmy <ul><li>An Communists economy is one who’s leader is in charge of everything </li></ul><ul><li>Cuba is an example of an communists economy </li></ul>
  1. A particular slide catching your eye?

    Clipping is a handy way to collect important slides you want to go back to later.

×