Humanities - Economy
This quarter in humanities, we learned a lot about economy. We learned about Demand and Supply, and what Economy is actually is. I learned about how the earth and all of the resources are finite, when our needs and wants are infinite. Economic is something that deals with goods and services, production, allocation, and the study of distribution. There is also the graph of demand and supply that talks about the higher the demand, the higher it costs. Also the smaller the demand, the lower the cost as well. I think that it is important to learn about economy because we are living in an earth with limited amount of resources, and by that we should be wise to choose whether we want to keep on reducing and taking all of the resources for our own satisfaction or to stay and keep what we want. I did a test about Economy which conclude all of the things we learned in this quarter. I got 97/110 which means is 7 out of 8. I think that what I got is satisfying, because by that I know that I understood the unit that is given to me.
![Picture](/uploads/2/0/5/0/20507392/4964536.jpg)
As you can see from the picture on the left, I got extra 7 points out of 10 for the last question, which we are given the question of What should be produced and in what quantity, how should things be produces, and who should things be produced for. The question is how are the 3 questions of basic economic problem gives impact to economy, and why is the question is like that. I think that I did well as I got extra 7 points.
This unit relates to the Human and Ingenuity, which is the reason why we learn about this is because economic provides the understanding of how this world works. Which is the impact of decisions in an industry or international trade, and what the effect economy gave to the government. The consequences is to be open minded of how economics give us the thinking of how to think more accurately.
This unit relates to the Human and Ingenuity, which is the reason why we learn about this is because economic provides the understanding of how this world works. Which is the impact of decisions in an industry or international trade, and what the effect economy gave to the government. The consequences is to be open minded of how economics give us the thinking of how to think more accurately.
The ATL that relates to this unit is communication, information literacy, reflection, thinking, and transfer. We communicate with the terms of economy, which we first were ask to find the meaning, for us to understand it easier. Information literacy, as we are given the research result about what is economy, and how we should transfer it to our own understanding. Reflection and thinking as we were ask to answer and to reflect the unit we taught. My goal for next quarter is to be more organize with all of my documents so it will be easier for me to study as well.