Terms to Know
Economics
Supply Demand Price Productivity Entrepreneur Scarcity Industry |
Income
Services Consumer Producer Capital Resource Natural Resource Human Resource Productive Resource |
Price Fixing
Bid Rigging Choice Monopoly Market Economy Business Incentives Taxes |
Budget
Spending Saving Opportunity Cost Shortage |
The Secret Millionaires Club
Follow the link below to see the Secret Millionaires Club. You can watch the webisodes, meet the characters, play games, and more. We will be watching some of the webisodes in class and doing activities that go along with them.
The Secret Millionaires Club
The Secret Millionaires Club
Lemonade Stand Game
Important Questions to Answer About NC Economics
Explain how a market economy works.
How do business owners make decisions when resources are limited?
How have North Carolina’s main industries affected the state economy?
How have North Carolina’s main industries affected the state’s natural resources?
How are entrepreneurs important to North Carolina’s economy?
Why is important to make responsible decisions with financial resources?
How do business owners make decisions when resources are limited?
How have North Carolina’s main industries affected the state economy?
How have North Carolina’s main industries affected the state’s natural resources?
How are entrepreneurs important to North Carolina’s economy?
Why is important to make responsible decisions with financial resources?