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Economics 1 1 Notes Lower Version 2

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BusinessTechnologie
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[object Object],[object Object],Microeconomics Macroeconomics Choices made by actors such as households, companies, and individuals. Choices made by much larger actors like governments.
Consumers & Producers To fulfill their need and wants Goods and Services Physical objects. Actions or activities
Tangible Objects- Things that you can touch and feel
Things you can enjoy but can’t physically touch Trans portation
[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object]
[object Object]

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Economics 1 1 Notes Lower Version 2