Lorenz's experience with the stock market

My favorite moment as a high school student (9-12 grade) was when I went home every day after school.

My favorite moment as a senior at Simon Tech was when we went to Knotts Scary Farm.

My favorite moment as a member in our Government / Economics class was when rocha did the current events.

  Economic system is the method used by a society to produce and distribute goods and services. When it comes to economic systems they have to consider a few questions. What goods and services to produce? How will they get produce them? Who will get them? How much will they produce now,and later?  there is different types of economic systems.  The firs type of system is traditional economy where the economic questions are answered by "habits and customs". In other words the child works the same job the parents work in (developing countries). The second type is command economy where the government answers the basic economical questions. The advantages of this is that it provides for all people equally but the disadvantages is that it is inefficient and it has no incentives to work or be creative(Communist countries). Last but not least is the there system free market economy where the economic questions are answered by the individual buyers and sellers. In this system sup...

  Economic Incentives is something that motivates or encourages one to do or act a certain way . There is two kinds of incentives one kind of incentive is monetary incentives and the second one is non- monetary incentives. Monetary incentives ere incentives reward something for a desired actions with money. For example this incentives can be given in the form of cash bounds, stock options, profit-sharing, and cash rewards. Non-monetary incentives are the types of incentives rewarded for a desired behavior through bounds and opportunities. Theses can be any type of reward that does not necessary involve money.    These systems of incentives are very useful and effective because people don't like to do anything for free even if it isn't money they still want something in exchange. Altho it's a system of rewards it also comes with punishments. The punishments are used to reinforce desired behaviors or to get rid of unwanted behavior. This is why the systems of incentives wo...

    Economic Resources is the differences between goods, services, and resources that you either need or want.  A good is a physical item that can be bought, touched, and used for example an iPhone. A service is the action done for people who pay for the service like a auto detailer. A resources can be anything from produce to anything that is needed to make some thing else.   Natural resources are raw materials supplied by nature for example oil, minerals, nutrients, rivers, lakes, oceans, and air. Human capital is the people that produce goods and services "labor". Entrepreneur the person that takes all the risk that come with creating a new product or a service. Using capital resources also known as the products and money used in the production of goods and services. Money is a very good motivation product because no one can resist money.