2.a Explain how economic systems attempt to allocate and make effective use of resources. We have 3 types of economy system: - Market economy - Command economy - Mixed economy * Market economy: based on private companies‚ a lot of decisions based on market mechanism. In nature‚ market economy is decentralized‚ flexible‚ practice and can be change. Supply‚ demand and solvency influence on deciding ( còn thiếu) * Command economy: * Mixed economy:
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1. Explain the reason for knowing the audience to whom the communication is being presented? A- I need to know the audience so that I can come to their level and be able to communicate effectively. 2. Describe the different methods of communication? A- Written and oral communication. Oral communication could be verbal or non verbal. Q3 Explain why it is important to check the accuracy of your written communication. How do you check it? A- It is important to
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An economic system is the result of individuals (consumers and producers)‚ groups (firms‚ trade unions‚ political parties‚ families etc) and the government coming together and interacting in a legal and social society. The function of an economic system is to resolve the basic economic problem - scarcity which means that the resources are limited but wants are infinite. This distribution has three dimensions: * What is to be produced * How is it to be produced * For whom is it to be produced.
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The economic problem can be described as attempting to satisfy the unlimited and ever changing wants of the consumer with limited resources. As these wants can never be satisfied‚ all individuals‚ businesses and governments are faced with the choice of what to obtain with those resources. As each consumer group’s wants and resources varies greatly‚ each deals with trying to solve the economic problem in a different way. The choices made by each individual are unique‚ depending on income‚ age‚ gender
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I. Definition A two-way chart which describes the topics to be covered by a test and the number of items or points which will be associated with each topic. A blueprint for an objective selected response assessment. II. Purpose 1. To coordinate the assessment questions with the time spent on any particular content area‚ the objectives of the unit being taught‚ and the level of critical thinking required by the objectives or state standards. 2. To identify the achievement domains being measured
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How to communicate effectively Good evening everybody‚ I hope you enjoy my speech. My topic today is communication. My speech is titled “How to communicate effectively.” Because I am a poor communicator‚ especially to communicate in English. Today my purpose is to hope you all can become effective communicators. Let’s discuss effective communication techniques. Getting your pointacross and letting people know how you feel is very important. Sometimes bad decisions are made and people come
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How to Communicate Effectively No matter your age‚ background‚ or experience‚ effective communication is a skill you can learn. The greatest leaders of all time are also fantastic communicators and orators. In fact‚ communications is one of the most popular college degrees today; people recognize the value of a truly efficient communicator. With a little self-confidence and knowledge of the basics‚ you’ll be able to get your point across in no time. Part 1 of 5: Creating the right environment 1Choose
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3 Major Economic Systems Economic Systems: There are 3 major mainstream economic systems‚ and they are: 1) Market economy 2) Mixed economy 3) Command economy. The distinction between them stems from their approach to answering the 3 basic economic questions: 1) What to produce? 2) How to produce it? 3) How to distribute it? ❖ Market economy: o All economic resources are owned by the people. o They decide how and where to channelize those resources. o The market forces of demand
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week and number them according to which ones need to be done first. These get the priority and will not necessarily be the easiest. Mark and label all your work folders and content and place them in separate piles so that you can clearly see how much work you need to do and what has already been revised. Tick off the tasks as they are completed. Make sure that the area for your study is well lit and has an ambient temperature where you can focus. The quality of focus determines the quality
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it‚ leaving the economic system- structure of methods and principles that a society uses to produce and distribute goods and services- to be determined by the combined decisions of millions of individual people. Economic system is defined as how a society chooses to produce‚ distribute‚ and consume goods and services. Since resources are scarce and not always available each society must determine three important factors when determining their economic system. These factors are how the goods will be
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