Objectives: Economics 9.0 - The Market Economy - Students will understand how scarcity and incentives affect choices, how markets work, why markets form, how supply and demand interact to determine the market price, and how changes in prices act as economic signals to coordinate trade.
Questions of the Day
What is capital?
What is the difference between human capital and physical capital?
Lesson Click on the images to learn more about Supply, Demand, and Opportunity. Be sure to take notes. Look for answers to the questions of the day.
Use your vocabulary and video notes to answer the assessment questions.