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What is the economy all about
Storyboard-Text
- Great game but you have to pay up, I need that money.
- This isn't fair you cheated!
- Blah blah blah
- Could I have two pepperoni pizzas please.
- What could I get for you sir?
- But I need too bring home enough food for my family, I need to pizzas!!!
- The guy in the blue jersey (James) just beat the other guy 21-10.This is an example of want because they are playing basketball which is for fun.
- Sir I'm sorry but we only have enough for one more pizza, I can only get you one.
- Today we are talking about the different types of economic systems.
- The next day James goes to school to learn and is confused about a lesson.This is an example of a need because it is crucial for kids to get their education
- Hey mom, do you think you could maybe teach me a little bit about how to start a business?
- After school James goes to a restaurant and orders 2 pepperoni pizzas.This is an example of demand because James is demanding 2 pizzas.
- Sure honey, but why do you want me to teach you about how to start a business?
- James was very frustrated when the waiter said he couldn't supply him with the two pizzas.This is an example of supply because the restaurant does not have enough food to supply James with the two pizzas.
- The next day James goes back to school on an empty stomach and very tired. His class learns about the different economic systems.This is an example of types of economic systems because they are learning about all the types of economic systems.
- After school James talks to his mom about starting his own business selling shoes.This is an example of business cyles because he is going to start his own business.
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