Topic 1.3 Enough Choice!

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EconomieMiddelbare schoolhavoLeerjaar 2

Cette leçon contient 25 diapositives, avec quiz interactifs et diapositives de texte.

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Topic 1
Enough Choice!

Slide 1 - Diapositive

Agenda
  • Discuss Homework
  • Explanation Topic 1.3
  • Get to work! 

Slide 2 - Diapositive

Discuss the Homework
Topic 1.2 Keep the money rolling in - 2

Slide 3 - Diapositive

Learning Goals
After this lesson you:
- Know the difference between free products and economic products
- Know the difference between primairy needs and secondary needs
- Know what prosperity is and what influences the prosperity of a human being

Slide 4 - Diapositive

Products
Two types of products:
Free products – you can use them freely
Economic products – cost money

Slide 5 - Diapositive

Primairy needs
Everything that you need or would love to have, are called needs

Primary needs - you need this to live/survive
For example: drinks, food, clothing

Slide 6 - Diapositive

Secundairy needs
The need for luxury

For example: smartphone, computer, car, holiday

Slide 7 - Diapositive

Means are needed to fulfill someone's needs:
  • Time
  • Money
  • Assets

These means are limited, that's what you call scarce. A consumer needs to make choices. You need to prioritize in order to make the right choices

Slide 8 - Diapositive

Prosperity
  • The degree to which you can meet your needs is called your prosperity
  • Another part of your prosperity is determined by your sense of happiness
  • You can view the prosperity of a country by calculating the per capita income


Slide 9 - Diapositive

Is prosperity the same as wellbeing?
  • Prosperity -> the extent to which you are able to fulfill your needs
  • Wellbeing -> shows how happy and satisfied you are with your life

Slide 10 - Diapositive

Calculating the per capita income

income per capita = national income : number of inhabitants 

National income €600 billion
Inhabitants 17 million 

  • Answer -> €600 billion : 17 million = €35,294.12 

Slide 11 - Diapositive

Quiz

Slide 12 - Diapositive

Money can be seen as an object with value
A
True
B
False

Slide 13 - Quiz

There are three functions of money: saving, exchanging and paying
A
True
B
False

Slide 14 - Quiz

One advantage of the Euro is that we can now order online more easily
A
True
B
False
C
It has nothing to do with it

Slide 15 - Quiz

Money can be seen as an object with value
A
True
B
False

Slide 16 - Quiz

There are three functions of money: saving, exchanging and paying
A
True
B
False

Slide 17 - Quiz

One advantage of the Euro is that we can now order online more easily
A
True
B
False
C
It has nothing to do with it

Slide 18 - Quiz

How many banknotes are there?
There are 7 banknotes in the European Union

Slide 19 - Question ouverte

Examples of free products are:
A
Sunlight and wind
B
Sunlight and books
C
Books and pens
D
Wind and paper

Slide 20 - Quiz

Give two examples of primairy needs

Slide 21 - Question ouverte

Give two examples of secundairy needs

Slide 22 - Question ouverte

Which means influence how people make their choices? Name two...

Slide 23 - Question ouverte

Can you explain the difference between prosperity and wellbeing?

Slide 24 - Question ouverte

Get to work!
10 minutes on your own in silence

Do tasks from: Enough Choice!


Questions? Raise your hand or come to the desk

Done? Work on another subject


timer
10:00

Slide 25 - Diapositive