Factors of production

PERSIA" is an acronym for Political, Economic, Religious, Social, Intellectual, and Artistic. It is a framework for organizing your thinking about history. ? Politics is about power, who uses it to govern (make and enforce rules), how power is used, and the goals one hopes to accomplish by using power. Politics is about public decisions and how those decisions are reached. Public power is usually exercised through governments. ??Economics?is about how people use whatever resources they have to produce and distribute goods and services. Economics is about jobs, production, money, and markets. Economics helps us decide how to effectively use scarce resources. Economics is about daily survival; you have to have food and shelter to survive, and that usually takes money.