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  • Guide For Lesson 1

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    Mike Relampago
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    This assessment asks students to answer 5 questions in an essay format based on a previous lesson about economics. The questions cover topics like why economics is important, defining the term "scarce", what makes human wants unlimited, identifying the economic system used in the Philippines and comparing it to the United States' system. Students are expected to draw from their understanding of the prior lesson to thoroughly answer each question in writing.

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    Guide for Lesson 1

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    This assessment asks students to answer 5 questions in an essay format based on a previous lesson about economics. The questions cover topics like why economics is important, defining the term "scarce", what makes human wants unlimited, identifying the economic system used in the Philippines and comparing it to the United States' system. Students are expected to draw from their understanding of the prior lesson to thoroughly answer each question in writing.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    5 views1 page

    Guide For Lesson 1

    Uploaded by

    Mike Relampago
    This assessment asks students to answer 5 questions in an essay format based on a previous lesson about economics. The questions cover topics like why economics is important, defining the term "scarce", what makes human wants unlimited, identifying the economic system used in the Philippines and comparing it to the United States' system. Students are expected to draw from their understanding of the prior lesson to thoroughly answer each question in writing.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Name:

    Lesson:
    Assessment Title: Essay

    Instruction: Answer the following question based on your understanding of the previous
    lesson.

    1. Why is economics important?

    2. Define the word scarce.

    3. What makes human wants unlimited?

    4. What kind of economic system is used in the Philippines? Explain your answer?

    5. What is the difference between our economic system and the United States’
    economy? Explain.

    Subject:
    Subject Instructor: Rhyan Mike Bacaro

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