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Module-16 The role of dividing line organisation in The thrift: Markets and calling TEACHERS GUIDE P. 487 P. 491 P. 492 P. 492 P. 493 P. 496 P. 497 P. 501 Defined Content trites Materials affair Lesson outline Closure appraisal Overheads VISUAlS N Visuals for overhead projector. counterpart to transparent paper for overhead. P. 502 NVisual-1: Market delimitate P. 503 NVisual-2: Business delimit lESSonS 2 Copy and handout to students. P. 506 P. 513 P. 518 P. 522 2Lesson-I: I, Pencil 2Lesson-II: Specializing in produce signal 2Lesson-III: Wal-Mart 2Lesson assessment the role of business in the sparing Module-16 Teacher Markets and coMMerce DEFInED A foodstuff is a social arrangement that solelyows buyers and sellers to discover information and smash automatic exchanges of goods and go. commerce consists of trading something of economic value such as a good, service, information, or money between both entities. business is the managem ent and coordination of people and resources to accomplish particular production goals, normally for the purpose of making profit. business, commerce, and markets create many benefits for consumers, and as a result of business, commerce, and markets in the economy, consumers experience an increased standard of living. businesses hold back resources such as labor and equipment, and businesses specialize in the production of particular goods and services. As a result of business in the economy, the variety, quality, and quantity of goods and services available to consumers increases, while the prices of goods and services decrease. To guess the important role that business plays in the economy and its twist on your standard of living, imagine a demesne in which you personally had to produce everything you consume (see Module 3). You would amaze to call on your own food, sew your own clothes, cook all of your meals, and pattern your own car, computer, cell phone, house, and fur niture. It would be impossible to in reali! ty complete all...If you want to get a full essay, govern it on our website: BestEssayCheap.com

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