Explain the circular flow of economic activity

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Reference no: EM133083609

Below are the question

1) Three Basic Questions

Answer the three basic questions using a good or a service in your unique example.

a) Utilize a list format of some sort to detail your example.

b) Explain, in a minimum of one paragraph, your unique example.

What should we produce?

How should we produce it?

For whom should we produce it?

2) Circular Flow

Fully explain the Circular Flow of Economic Activity in picture and words.

a) Include ALL four parts in your UNIQUE example.

b) Explain, in a minimum of one paragraph, your unique example.

3) The American Economy

Discuss the economic goals of the USA in picture or song form or another means.

a) Summarize the goals of the American Economy in a photo essay or through the creation of song lyrics.

b) Be sure each goal is FULLY explained, in a minimum of one paragraph.

Reference no: EM133083609

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