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Market an arrangement that allows people to make exchanges with one another; whenever and wherever people voluntarily make exchanges with one another.

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Presentation on theme: "Market an arrangement that allows people to make exchanges with one another; whenever and wherever people voluntarily make exchanges with one another."— Presentation transcript:

1 Market an arrangement that allows people to make exchanges with one another; whenever and wherever people voluntarily make exchanges with one another.

2 Market

3 Market

4 Market

5 Physical products businesses produce. Tangible items of value.
Goods Physical products businesses produce. Tangible items of value.

6 Products you can't touch. Work performed; intangible items of value.
Services Products you can't touch. Work performed; intangible items of value.

7 Products you can't touch. Work performed; intangible items of value.
Services Products you can't touch. Work performed; intangible items of value.

8 Products you can't touch. Work performed; intangible items of value.
Services Products you can't touch. Work performed; intangible items of value.

9 Market Economy Using markets as the primary means of organizing and coordinating production. Also called capitalism or free enterprise.

10 Survival

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15 Steel Wool

16 Steel Wool

17 Small Ax

18 A Loaded .45-Caliber Pistol

19 Can of Crisco Shortening

20 Can of Crisco Shortening

21 Newspapers (One Per Person)

22 Cigarette Lighter (No Fluid)

23 Extra Shirt and Pants For Each Survivor

24 20 x 20 ft. Piece of Heavy-Duty Canvas

25 A Sectional Air Map Made of Plastic

26 One Quart of 100-Proof Whiskey

27 A  Compass

28 Family-Size Chocolate Bars (One Per Person)

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30 Scoring the Activity 12 Pts. Cigarette Lighter
11 Pts. Ball of Steel Wool 10 Pts. Extra Shirt and Pants Pts. Can of Crisco Shortening 8 Pts. 20 X 20 Foot Piece of Canvas Pts. Small Ax Pts. Family Size Chocolate Bar ( 1 Each ) 5 Pts. Newspapers ( 1 Each ) Pts. Loaded .45-Caliber Pistol Pts. Quart of 100 Proof Whiskey Pts. Compass 1 Pts. Sectional Air Map, Made of Plastic

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