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Our Global Economy 2-1 Economics and Decision Making 2-2 Basics of Economics 2-3 Economic Systems 2-4 Achieving Economic Development 2-5 Resources Satisfy Needs CHAPTER 2

LESSON 2-1 Economics and Decision Making ,[object Object],[object Object],[object Object]

The Basic Economic Problem ,[object Object],[object Object]

Making Economic Decisions ,[object Object],[object Object]

LESSON 2-2 Basics of Economics ,[object Object],[object Object],[object Object]

Price-Setting Activities ,[object Object],[object Object],[object Object]

Market Price Is Set by Supply and Demand

Changing Prices ,[object Object],[object Object],[object Object]

LESSON 2-3 Economic Systems ,[object Object],[object Object],[object Object]

Economic Resources Satisfy Needs ,[object Object],[object Object],[object Object]

Natural Resources ,[object Object],[object Object]

Human Resources ,[object Object],[object Object]

Capital Resources ,[object Object],[object Object]

Economic System ,[object Object],[object Object],[object Object],[object Object]

Types of Economic Systems ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

LESSON 2-4 Achieving Economic Development ,[object Object],[object Object],[object Object]

Development Factors ,[object Object],[object Object],[object Object]

Types of Development ,[object Object],[object Object],[object Object]

Levels of Economic Development ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Less- Developed Country Developing Country Industrialized Country

LESSON 2-5 Resources Satisfy Needs ,[object Object],[object Object],[object Object]

The Economics of Foreign Trade ,[object Object],[object Object]

Measuring Economic Progress ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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