Course Description

A survey of the social, political, economic, cultural, and intellectual history of the United States from the 1877 to the present. United States History II examines industrialization, immigration, world wars, the Great Depression, Cold War and post Cold War eras. Themes that may be addressed in United States History II include: American culture, religion, civil and human rights, technological change, economic change, immigration and migration, urbanization and suburbanization, the expansion of the federal government, and the study of U.S. foreign policy. The course features an in depth look into eras of social change such as the labor, feminist, and civil rights movements.

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Personal Finance - 8/25

Hey Folks!

This week we will review Scarcity and Opportunity Cost.

Have a great week!

Learning Objectives

Topic 1.1 Scarcity – Fundamentals of Economics

Objectives: Explain why scarcity and choice are the basis of economics in every society. Summarize how entrepreneurs fuel economic growth. Describe the three economic factors of production and the differences between physical and human capital. Explain how scarcity affects the factors of production.

Topic 1.2 Opportunity Cost and Trade-Offs

Objectives: Identify why every decision involves tradeoffs. Explain the concept of opportunity cost. Describe how people make decisions by thinking at the margin.

Topic 1.3 Production Possibilities

Objectives: Interpret a production possibilities curve. Explain how production possibilities curves show efficiency, growth, and opportunity. Explain why a country's production possibilities depend on its resources and technology.

This Week’s Assignments

Topic 1.1 Scarcity – Fundamentals of Economics
Topic 1.2 Opportunity Cost and Trade-Offs
Topic 1.3 Production Possibilities