Wednesdays words September 14, 2017.

Slides:

Advertisements

Similar presentations

Introduction to Consumer Education

Advertisements

Economic Systems.

Introduction to Consumer Education

Economic Systems. How Does An Economy Work? Nations must answer 3 basic Economic question: What goods and services should be produced? How should the.

Ch 2.1: Economic Systems.

Economic Systems and Decision Making

The Untold War. (Hit the Start Button to Begin Lesson)

Mr. Miller American Government and Economics Economic Systems.

(1200s) conquered by the Mongols after WWII—Korea divided into 2 parts along the 38 th Parallel.

Unit 1-2: Basic Economic Concepts

East Asian Economies March 16, 2015.

Chapter 26.3 Economies in Transition. The Transition From a Command Economy Today, many nations are changing from one type of economy to another. Some.

Test Info Timed test – 50 minutes Timed test – 50 minutes 45 points 45 points Almost 40 multiple choice questions Almost 40 multiple choice questions Choose.

AP ® Economics. REVIEW 1.Explain relationship between scarcity and choices 2.Differentiate between positive & normative 3.Differentiate between price.

UNIT VI Comparative Government Explorations What about other countries?  Political Labels  Fundamental Law  Political Systems  Three Powers  Economic.

Russian Economic Issues By: Shane Deyoc and Adrianna Cervone.

Economic Systems How Does An Economy Operate? Nations must answer three (3) basic Economic questions: What goods and services should be produced? How.

LOST You and 4 people are shipwrecked on a deserted island. You have enough plant materials to make 1 small shelter OR 1 large rescue fire, and enough.

Economics of North and South Korea. Maps Look at the “Resources of East Asia” map on page 622 and answer the following questions 1.What do North and South.

Do Now Please get your textbook from the cabinet Then answer the following in your notebook: Think of a good or service you cannot live without. Why can’t.

Economic Systems Economics.

Types of Economies. Traditional Economy In a traditional economy, roles and decisions are decided upon by custom Each person plays a specific role Some.

 Originally a command economy  Mao Zedong-decided how much of the country would remain farm land and how much would become industrial  Great Leap Forward-1950s;

Unit 1: Basic Economic Concepts 1.2 Economic Systems 1.

Korea A brief history. Russo-Japanese War ( ) Russian Empire fought Imperial Japan for control of Korea Russia was defeated.

North and South Korea One Nation Split Into Two. Korea Was Once Whole Korea was once part of China until Korea ruled itself until Japanese occupation.

AP Economics Ms. Kirsch 1. Do Now What are the factors of production? Give one real life example of each. What are the three shifters of the PPC? 2.

Warm-Up What are some of the things that our government does that might affect the economy? Discuss with a partner.

Economics “Econ, Econ” Econ. Economics Activity Kit-Kat scarcity.

SIT WHERE YOU WOULD LIKE…BUT PICK CAREFULLY.  Korean Peninsula divided in half after WWII  38 th parallel (38N)  Soviet Union North (1948)  Communistic.

Chapter 21 Overview Notes: The 3 Basic Economic Systems in the World Today.

Please take out your openers & your 1.3 Study Guides

Animal Farm: The entire novel symbolizes the political situation and pitfalls of Russian government in the early 1900s.

QUESTION ANSWER PAGES 76-77

Unit 1: Basic Economic Concepts

Economic Systems Chapter 23 sec 2

Unit 1: Basic Economic Concepts

Economic Systems.

Economic Systems.

World’s Major Powers.

What three questions must all economic systems answer?

How the Government influences how I make money.

Economic Systems & How the Government influences how I make money.

War in Korea The earliest Cold War conflicts were in Central and Eastern Europe, where countries were divided by the Iron Curtain. But the Truman Doctrine.

There’s a problem… We all have wants.

SS7E8: The student will analyze the different economic systems

Recent History of East Asia

One Nation Split Into Two

One Nation Split Into Two

One Nation Split Into Two

Unit 10 Identifications (IDs)

Economic Systems.

Détente: Why did it happen?.

How the Government influences how I make money.

Economic Systems.

Unit 1: Basic Economic Concepts

How the Government influences how I make money.

Unit 1: Basic Economic Concepts

So, every society must answer three basic economic questions:

Basic Economic Unit Part II

RUSSIA QUESTIONS What party took control of Russia in the Russian Revolution of 1917? 2. Who was the leader of this party? 3. What was Russia.

Economic Systems.

The dominant economic system in the world

C2S1: Economic Systems Main Idea:

U1C2 Economic Systems and Decision Making

Wednesdays words September 14, 2017.

Agenda Anticipatory Set Extreme Poverty

Presentation transcript:

Wednesdays words September 14, 2017

Which best defines the word famine as it is used in the paragraph? The economy of North Korea is dramatically different. Since it's birth in the 1940s, North Korea has been one of the most secluded countries in the world. They promote an idea of self-reliance that they call Juche. Under this idea, they do little to no trading with other nations. Up until the 1980s, they received large cash infusions from China and the Soviet Union. But the Soviet Union fell apart in the 80s and became separate capitalist countries, of which Russia is largest. Without the Soviet contributions, North Korea entered a long period of famine that lasted through the 90s. Food was hard to come by and some estimate that millions of people starved to death. Still, the country persisted when much of the world thought that it would fall apart. Not only did they survive, they managed to build a nuclear arsenal during this time. Which best defines the word famine as it is used in the paragraph? a. A period of time when food is scarce b. A period of time when it is hard to get laborers c. A period of time when the government is going through a transition d. A period of time when a country does not have a leader

ANSWER: A fair amount, average, in the middle

ANSWER: What it is: A failure What it is not: A Success Examples: A party with no food or music Non Examples: A party with good music and great food

ANSWER: Rough, Sandy, Scratchy On the beach.

ANSWER: I’ll let you know tomorrow which movie I’d like to see. Before you decide which job to take, consider carefully. Whether to spend my money on in-line skates or a skateboard is a hard choice.