Intro to Econ Task #1
TASK #1
What is the fundamental problem of economics?
Consider the following scenario.
Imagine that you walk into a classroom and immediately notice there are far more students than there are desks and your teacher tells you that you must find as a solution as a class. You must decide who gets them, who will not and why.
This scenario represents the fundamental problem in economics, watch the following video clip to learn more about it.
*Use this note outline to learn guide your attention while watching the video.
TASK 1 video notesHere is a link to the video just in case the video doesn't load
What is the fundamental problem of economics?
After watching the video clip answer the review questions on quizizz
*If you did not answer 2 of the 3 questions correctly review your notes attempt the questions again, and then visit this clip from Mr. Clifford as he explains the economic concept using Star Wars as an example.
Here is a link to the video just in case the video doesn't load
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