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What Is POST

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What is POST?

Learn the structure and function of the circular-flow model in economics.
Identify different types of economic resources and capital.
Understand the role and characteristics of an entrepreneur.
Comprehend the rational behavior assumption in economics and its implications for decision-making.

Definitions:

Phineas Gage

A historical figure known for surviving a severe brain injury that dramatically changed his personality, providing early evidence of the brain's role in personality and behavior.

Personality

The combination of characteristics or qualities that form an individual's distinctive character, influencing behaviors, thoughts, and emotions.

Frontal Lobes

The area of the brain located behind the forehead that is responsible for complex cognitive functions, including behavior, decision making, and movement.

Planning

The process of thinking about, organizing, and preparing for any specific goal or future task.

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