I am a student at Bay of Islands College in Kawakawa, New Zealand. This is a place where I share my learning.
Monday, 9 November 2020
Being global minded
This term I have been leaning about being global minded. Being global minded is What does it mean to be global-minded? My definition of being global minded is being a citizen of our home country. One thing I learnt about in this unit was things about economy, economy is the system of producing, distributing and consuming goods. The key players in our economy are Households, government banks and the reserve bank of New Zealand. One of the reserve banks jobs is to ensure the economy can grow by keeping inflation low and stable, Inflation changes the ratio of money towards goods or services. The two important terms in an economy are goods and services. Goods are physical objects that are bought and sold. They include things like cars, food, and clothes. Services are actions that one person pays another to do for them.
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