Economic History of the United States - Lecture 4
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Economic History of the United States - Lecture 4
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Economic History of the United States - Lecture 4
- 1. Lecture 5 The Economic History of the United States
- 2. Practice Quiz 1. What is wealth? 2. What is capital? 3. Is value objective or subjective?
- 3. Midterm Essay My Family's American Economic History 2,000 words Writing Center Signature Wednesday February 28th
- 5. Dates Places Industries 2 - 4 - 8 - 16
- 7. Culture Human Beings Ideas Physical Human Intellectual Financial Inventions Entrepreneurs Free Markets Innovations The Capitals of Innovation
- 8. What is wealth? Any thing we value
- 9. What is Economics? The study of how human beings create value for one another
- 10. What is Capital? Any thing we can use to create value
- 11. Culture Human Beings The Capitals of Innovation
- 13. Cultural Capital? How people treat each other
- 14. Cultural Capital is determined by the worldview of leaders
- 17. Property Rights Rule of Law
- 19. Culture Human Beings Ideas The Capitals of Innovation
- 20. Idea A thought about how to potentially create new value
- 21. Culture Human Beings Ideas The Capitals of Innovation Physical
- 22. atoms and energy natural resources time buildings equipment things than make things Physical Capital
- 24. Culture Human Beings Ideas The Capitals of Innovation Physical Human
- 27. I look for three things in hiring people. The fi rst is personal integrity, the second is intelligence, and the third is a high energy level. But if you don’t have the fi rst, the other two will kill you
- 28. Culture Human Beings Ideas The Capitals of Innovation Physical Human Intellectual