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Do Now for Tuesday, November 15

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Presentation on theme: "Do Now for Tuesday, November 15"— Presentation transcript:

1 Do Now for Tuesday, November 15
This week you will review the questions you missed the most on our last test. Write the QUESTION and the ANSWER! The idea that producers make goods that consumers like and are willing to pay for is a principle of which of the following economic systems? A. traditional B. command C. market D. socialism

2 Do Now for Tuesday, November 15
This week you will review the questions you missed the most on our last test. Write the QUESTION and the ANSWER! The idea that producers make goods that consumers like and are willing to pay for is a principle of which of the following economic systems? A. traditional B. command C. market D. socialism

3 Do Now for HUMPday, November 16
This week you will review the questions you missed the most on our last test. Write the QUESTION and the ANSWER! In which of the following types of economic systems would consumers have the most power? A. command B. traditional C. market D. mixed

4 Do Now for HUMPday, November 16
This week you will review the questions you missed the most on our last test. Write the QUESTION and the ANSWER! In which of the following types of economic systems would consumers have the most power? A. command B. traditional C. market D. mixed

5 Do Now for Thursday, November 17
This week you will review the questions you missed the most on our last test. Write the QUESTION and the ANSWER! Cuba has managed to do away with starvation and homelessness since the central government took over all of the tobacco fields and cigar factories. Now, every citizen of Cuba has a job. However, the standard of living in the nation is not very high due to a lack of economic growth. Also, many products demanded by consumers are not being made. Consequently, a black market for certain goods from other countries has developed. Use above to answer the following question. What type of economic system does the passage describe? A. command B. traditional C. mixed D. market

6 Do Now for Thursday, November 17
This week you will review the questions you missed the most on our last test. Write the QUESTION and the ANSWER! Cuba has managed to do away with starvation and homelessness since the central government took over all of the tobacco fields and cigar factories. Now, every citizen of Cuba has a job. However, the standard of living in the nation is not very high due to a lack of economic growth. Also, many products demanded by consumers are not being made. Consequently, a black market for certain goods from other countries has developed. Use above to answer the following question. What type of economic system does the passage describe? A. command B. traditional C. mixed D. market

7 Do Now for TGIFday, November 18
This week you will review the questions you missed the most on our last test. Write the QUESTION and the ANSWER! All of the following are examples of commodity money used in the past EXCEPT A. gold B. silver C. fiat currency D. tobacco

8 Do Now for TGIFday, November 18
This week you will review the questions you missed the most on our last test. Write the QUESTION and the ANSWER! All of the following are examples of commodity money used in the past EXCEPT A. gold B. silver C. fiat currency D. tobacco


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