Activity #2.03

The Nature of Economics

Video and Quiz

 

 

For this Activity you will be watching a Video and taking a Quiz in the test area of the course.  The title of the video is The Nature of Economics.

Step 1.  Make sure that you have two programs loaded onto your computer:  Adobe Acrobat and Windows Media Player.  If you have an Apple computer you must have Quick Time Movie Player.

 

To view the film do one of the following:
*Step 2 is highly recommended

1. Click on the title to view video:

  "The Nature of Economics”

2. You can download the film to your computer.  Place mouse over hyperlink, press right mouse button and choose "Save Target As" and save the video to your hard drive.

 

Activity 2.3 The Nature of Economics Video
25  Points Total

Watch the Video and be able to answer these Questions. 

1.      What are “Wants as opposed to Needs?”

2.      What type of Resource is Money?

3.      What is the Basic Economic problem that everyone faces?

4.      What tools does the Government have to reduce inflation

5.      The ability to combine factors of production is called_____?

When you are finished go to the Test area and complete a short quiz on the Video.


 For this assignment you only have ONE Submission.  Good Luck!



 

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