Survey
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
• Determining the Role of Consumers in World Agriculture Next Generation/Common Core Standards Addressed! • RST.11-12.8 Evaluate the hypotheses, data, analysis, and conclusions in a science or technical text, verifying the data when possible and corroborating or challenging conclusions with other sources of information. (HS-LS2-6),(HS-LS2-7),(HS-LS2-8) • WHST.11-12.8 Gather relevant information from multiple authoritative print and digital sources, using advanced searches effectively; assess the strengths and limitations of each source in terms of the specific task, purpose, and audience; integrate information into the text selectively to maintain the flow of ideas, avoiding plagiarism and overreliance on any one source and following a standard format for citation. (HS-LS13) Bell Work! • Identify the basic needs of humans. • Explain the basic economic concepts of supply and demand. • Describe factors that influence what people eat and use for clothing and shelter. Terms • • • • • • • Carbohydrate Climate Consumer Custom Demand Fiber Food Terms Continued • • • • • • • Law of demand Law of supply Nutrient Preference Protein Shelter Standard of living Interest Approach • What needs must be met in order to be comfortable? • What needs must be met in order to survive? • What determines how these needs are met? What are the basic needs Humans basics needs include • Food • Shelter • Clothing Nutrients • Substances necessary for life and growth • Carbohydrates, proteins, fats, vitamins, minerals, and water. Carbohydrates • Starches and sugars the body turns into fuel. • Proteins are important in growth and repair. Fats • Fats provide energy for the body. Vitamins • Vitamins and minerals are needed for good health. Water • Water is needed to transport food substances in the body. Synthetic Fibers • Synthetic fibers are made in mills from various products, such as petroleum. Natural Fibers. • Natural fibers are those produced by plants and animals. Shelter • Shelter is housing for humans. Many of the products used in providing shelter are produced by forestry. What are the basic economic concepts of supply and demand? Supply • Supply is the quantity of a product (or service) that sellers are willing to provide to the market at a given price. What effect does price have? • High prices – sellers are willing to provide larger quantities • Lower prices – sellers are willing to provide smaller quantities of their products to the market. The law of supply • The law of supply dictates the amount of products supplied at given prices. What economic factors can cause supply to increase or decrease. • Changes in production systems • Prices of related goods • Number of sellers in the market • Changes in supply can have various effects on the price of a good. • A decrease in supply increases the price. Demand • Quantity of a product buyers are willing to purchase from the market at a given price. Low Prices • When prices are low, buyers are willing to purchase greater quantities of a product. High Prices • Higher prices, buyers are willing to purchase fewer quantities of a product. Law of Demand • Dictates the amount of a product buyers are willing to purchase at a given price. Economic Factors • Cause demand to increase or decrease. Changes in personal income Prices of related goods Number of buyers in the market Increase in Demand • Increase in demand increases the price. Decrease in Demand • Decrease in demand decreases the price. Preferences • People make choices about food, fiber, and shelter. • They have strong likes and dislikes, or preferences. Review/Summary • Identify the basic needs of humans. • Explain the basic economic concepts of supply and demand. • Describe factors that influence what people eat and use for clothing and shelter. The end!