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Q. What do you really need? Task: You have 5 minutes to get with your partner and generate a list of 10 “Needs”.

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Presentation on theme: "Q. What do you really need? Task: You have 5 minutes to get with your partner and generate a list of 10 “Needs”."— Presentation transcript:

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2 Q. What do you really need? Task: You have 5 minutes to get with your partner and generate a list of 10 “Needs”.

3  Shelter  Food  Clothing  Education  Healthcare

4 Get with your partner and generate a list of 10 economic “Wants” Concerts Music CD’s Cars Candy Ice Cream

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14 Task: Get with your partner and generate a list of 10 goods or services that are scarce. Q.When something is scarce, what is the price? Q. What happens when an economic Need is Scarce?

15 Things that are Scarce in Southbridge:  Affordable Housing ownership.  Venue’s of Entertainment.  Public Transportation  High income jobs. Q.How do we solve problems of scarcity? R.Produce More

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22 Someone with the ingenuity to get the other factors in the right time and at the right place – The Entrepreneur

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