US Economic System
Updated: 12/10/2019
US Economic System
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Storyboard Text

  • Wow this homework on the US Economic System is really difficult.
  • Hi honey. Did you want me to help you?
  • Yes, please!
  • First is private property which is just you being able to own your own things like a house.
  • Okay! Got it!
  • Then there is profit. Profit is the money you make from selling good or services
  • Next is freedom of choice which tells you that you can do anything with your valuables like sell them.
  • Alright, that makes sense!
  • Finally there is competition! Where multiple people can sell they're goods to the same people so they are in competition with each other.
  • Wow, that's amazing. Thank you, mother! I understand it now!
  • Wow, I am so happy my mother was able to help me!
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