Posted: September 14th, 2015

How "scarcity" plays a role in daily life and decision making

Icebreaker Discussion
Listed below are possible discussion topics for this module, but if you have personal experiences or examples that relate to the topics presented in the assigned readings, please feel free to add those to this discussion as well. In developing your thoughts and opinions here, please look to incorporate citations and statistics both from the textbook and other outside sources. Lastly, let’s always remember to keep these discussions civilized and respectful, even when we disagree on certain topics.

Module 1:

1.Give an example of how “scarcity” plays a role in your daily life and decision making. What are the opportunities forgone as a result of the choices made?
2.In your work places what examples of trade offs do you see on a daily basis? What are the dominant factors of production that are seen in your places of employment?
3.In thinking about how you make choices as individuals, what influences your economic decision making? How do you come to decisions in terms of consumption and how you use your resources?
4.In our society who dictates What is Produced? Consumers or Producers? Please cite specific examples here in developing your thoughts on this topic.

Do you want your assignment written by the best essay experts? Order now, for an amazing discount.