Obshchestvoznanie 8 Ekonomika I Ee Rol V Zhizni Obshchestva Konspekt Uroka -

The study of how people use limited resources to satisfy unlimited needs.

Items and services capable of satisfying human needs (e.g., food, clothing, education). The study of how people use limited resources

The central challenge is the and limited resources . This forces society to make an Economic Choice : deciding what to produce, how to produce it, and for whom. 4. Phases of Economic Activity how to produce it

Конспект урока: Главные вопросы экономики and consumption of goods.

The term "economy" (from Greek oikonomia – "household management") is viewed in two ways:

Determining the share of each participant in the produced product.

Activities including production , distribution , exchange , and consumption of goods.