Economics – 9/10/18
I. Bellwork
- Explain the difference between a durable and non durable good and provide an example of each
II. Objective
- Explore and identify methods that successfully increased productivity and economic growth.
- Discuss how factor and product markets react to an increase in productivity and the impact of the early auto industry on society.
III. 1-2 Remaining Topics
- Economic Interdependence
- Division of Labor & Specialization
- Economic Growth, GDP, Productivity, & Human Capital
IV. Classwork
- Page 12 – 21 Vocabulary
V. Quiz Tomorrow: Section 1-1, Section 1-2
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