Презентация на тему Three basic economic

there are three basic economic questions you should ask

when deciding how to use scarce resources.

What to produce?

How to produce?

For whom to
produce?

and services to produce in the economic system and

in a certain period of time?

In a true command economy, what to produce is determined by a central economic authority.
In a true free market, what to produce is determined by individual choices.

using what technology should be made of these goods

and services?

Should the business produce all the goods and services it sells by itself or will it bring in outside contractors?

Should the production take place domestically or should it be outsourced to another country?

Should the production be labor intensive or capital intensive?

products and services, pay them at the same time

removing the benefit? As an entrepreneur, this question should be addressed in the same line of thought as "what to produce?"
Who are your customers?
Will your targeted customers be able
to afford the product?
Are there enough of them to support
your business?

to answer.. Nevertheless, they must be answered as long

as there are not enough resources to satisfy people's unlimited wants and needs.

These questions concerning

questions?
Questions for check:

economy?
3) Who defines that to produce in market system?

4)

What fundamental economic problem facing all societies?

5) Why do societies must answer these questions?