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    R.T Lim BLVD Baliwasan, Zamboanga City: Zamboanga City State Polytechnic College College of Teacher Education

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    Mae Cherry
    This document contains an activity sheet from a college economics class. It asks students to answer 10 questions related to concepts from the previous lesson, including: 1) Distinguishing between needs and wants with examples. 2) Identifying and explaining a post hoc fallacy. 3) Discussing the thin line between the fallacy of composition and sweeping generalization. 4) Giving an example of a scarce resource and how it can be conserved.

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    R.T Lim BLVD Baliwasan, Zamboanga City: Zamboanga City State Polytechnic College College of Teacher Education

    Uploaded by

    Mae Cherry
    33 views2 pages
    This document contains an activity sheet from a college economics class. It asks students to answer 10 questions related to concepts from the previous lesson, including: 1) Distinguishing between needs and wants with examples. 2) Identifying and explaining a post hoc fallacy. 3) Discussing the thin line between the fallacy of composition and sweeping generalization. 4) Giving an example of a scarce resource and how it can be conserved.

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    ACTIVITY 1

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    This document contains an activity sheet from a college economics class. It asks students to answer 10 questions related to concepts from the previous lesson, including: 1) Distinguishing between needs and wants with examples. 2) Identifying and explaining a post hoc fallacy. 3) Discussing the thin line between the fallacy of composition and sweeping generalization. 4) Giving an example of a scarce resource and how it can be conserved.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    33 views2 pages

    R.T Lim BLVD Baliwasan, Zamboanga City: Zamboanga City State Polytechnic College College of Teacher Education

    Uploaded by

    Mae Cherry
    This document contains an activity sheet from a college economics class. It asks students to answer 10 questions related to concepts from the previous lesson, including: 1) Distinguishing between needs and wants with examples. 2) Identifying and explaining a post hoc fallacy. 3) Discussing the thin line between the fallacy of composition and sweeping generalization. 4) Giving an example of a scarce resource and how it can be conserved.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    Zamboanga City State Polytechnic College

    R.T Lim Blvd Baliwasan, Zamboanga City


    COLLEGE OF TEACHER EDUCATION

    SOC. SCI. 111- ECONOMICS WITH PRINCIPLES OF TAXATION AND AGRARIAN


    REFORM

    ACTIIVITY #1

    Answer the following questions based on your understanding of the previous lesson.

    1. What is the difference between needs and wants? Discuss by giving examples.

    2. Give an example of a statement containing a post hoc fallacy and explain why it is
    considered fallacious.

    3. There is a thin line between fallacy of composition and sweeping generalization fallacy.
    Discuss this thin line that differentiates the two.

    4. Give an example of a scarce resource and discuss how it can be saved or conserved.

    5. What is the difference between suggested retail price (SRP) setting and price control?
    Explain your answer.

    6. Name at least two disadvantages of market system and explain each.


    7. Explain the opportunity cost in giving up USAID in exchange for other alternatives.

    8. A smart phone is both a “need” and “want”. Explain this statement.

    9. Discuss the disadvantage of martial law.

    10. Apply opportunity cost in the country’s present situation in international trade.

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