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Yr 8 Economics - Coggle Diagram
Yr 8 Economics
Week 3
Types of Producers
Factors of Production
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Questions Producers must think of
Circular Flow
Week 2
6 Key Concepts of Economics
Scarcity
Limited Availability of a resource.
The Lack of ability to buy a product.
Needs
Wants
Week 5
Types of Businesses
Sole Trader
Partnership
Franchise
Corporation
Ways Business Respond to opportunities in the market
Make new products
Change way of delivering/providing product
Factors that influence business opportunities
Week 8
Target Market
Week 4
Rights and Responsibilities of consumers
Factors that Influence Business Opportunities
Week 1
Monsters Inc
How does it relate to economics?
Week 6
Influences on the way people work
Outsource Labour
Rapid Communication Change
Technological Change
Week 7
Factors that may change how we work in the future