Professional Documents
Culture Documents
Applied Economics Module 1... Grade 12 Bezos
Applied Economics Module 1... Grade 12 Bezos
7, 2020
G-12 Bezos
What I Know
1. C 6. A 11. C
2. D 7. B 12. C
3. C 8. C 13. B
4. D 9. D 14. A
5. A 10. B 15. D
ACTIVITY
Direction: Let us check your knowledge of our topic. Kindly arrange the following words. These
are the terms you commonly encounter when you make decisions of going to the market.
Examples of these items are given on the right column.
1. MICRO ECONOMICS
2. TANGIBLE GOODS
3. SCARCITY
4. LUXURY GOODS
5. CAPITAL GOODS
ANALYSIS
Direction: Let’s analyze the market environments of the society. Please encircle your answer.
1. D
2. D
APPLICATION
Direction: Please perform independently. Group the goods provided in the box according to its
classification.
Consumer goods Industrial goods Essential goods Luxury goods Economic goods
Toothpaste Coffee Bread Wrist Watch Unit of air-
Bath soaps Maker Meat Perfumes conditioning
Canned Goods
Sack of Rice
Vegestable
ENRICHMENT
Direction: Still, please do this independently.
CAPITAL
ENTREPRENEUR OR
LAND ENTREPRENEURSHIP
LABOR
Assessment
1.A 6. C 11. C
2. B 7. C 12. D
3. C 8. B 13. C
4. D 9. A 14. D
5. B 10. D 15. A