Ecc Onomic's Big Test
Ecc In The Classroom...
You all have an economic test coming up so study HARD!!!
When I get home I'm gonna study so I don't fail!
BACK HOME IN HIS BEDROOM...
Eco! Eco Economics!
Helping The Economy
Economy, By JuliaL...
Trading, Importing, Exporting And Inflation
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Presentation By Julia L How does the economic system work and why does money seem so important?
WHAT IS THE ECONOMY SYSTEM? The economy system is the transportation of goods from one country to the next. Some different types of economies can be the market economy. This economy depends on the demands of consumers in different countries.
WHAT IS THE LARGEST IMPORTING AND EXPORTING COUNTRIES? The largest importing country is The European Union which imports nearly everything. And the largest exporting country is China, which is found nearly everywhere. Because everything is MADE IN CHINA.
WHY IS MONEY AND ECONOMY IMPORTANT FOR THE WORLD? Money is important because you can create a life with money. Buying all the necessities necessary. Economy is important for the world because it helps the world get along better by trading different kinds of goods and resources.
DOES MONEY MAKE PEOPLE GREEDY AND IS IT THE ROOT OF ALL EVIL? Money is an important substance which does not worth much itself but over years of law, is worth quite a lot in human terms. Money can not literally make people greedy but it usually depends on what kinda of person they are. I believe that money is not the root of all evil because not all crimes start with money.
HOW DOES INFLATION AFFECT THE ECONOMY? It can make the prices of different things in the market increase or decrease, by the demand of consumers. it is also based on the amount of products left.
IS THE ECONOMIC SYSTEM NECESSARY TO KEEP THE WHOLE WORLD GOING? It is said to be quite necessary because without the economic systems then our country would only have products that came from New Zealand.
HOW DOES AN ECONOMIC SYSTEM WORK AND WHY DOES MONEY SEEM SO IMPORTANT? Economic systems work by different countries deciding which products they need or want and trading it with other products from other country. These countries must work out their agreement and then they will start trading. Money seems quite important because it buys food, water and shelter. Without money everyone would be fighting on who sleeps in which house.
NEXT DAY AT SCHOOL... AFTER TEST....
Thanks, Julia L!
Ecc Ononomic Test
By Julia L