this week

Welcome back my fellow economists I am here to tell you about what happened this week in class. Well this week we learned about GDP, and economic indicator table. We learned about the STD and how to determine if a country is economically wealthy. GDP is the gross domestic product which is determined by whether a product is produced by the deadline, it is the final product, and it is value.  STD is the standard of living, and how much comfort a person can afford. The indicators table helps tell you how well off a country is doing. It shows things like the GDP per capita, % of people below poverty line, and unemployment. well that's all for this week thanks folks have a great day

The blogs continue

hello my fellow economists this week in our amazing world of economics we have learned many things. We have learned about competition, and monopolies. we watched a movie on pepsico. That talked about a large business corporation. We have learned about the types of monopolies, natural, technological, governmental, and geographical. we have about the competitions being perfect, monopolistic competition, oligopoly, and monopoly. We have learned a lot. We took a quiz, and in the video studied how corporations struggle to stay up with there competitions. Well i hope you guys had a wonderful week that's it for me have a great day 

signing off Zach Zimm Zimm the awesome