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US Economic System

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Hey dad, I was watching T.V this moring and they were talking about the 4 principles of the U.S Economy. What is it?

The 4 principles of the U.S ecomey are Private propery, Freedom of choice, profit and competition.

Sal's Pizza

joe's watches

The Food

would those stores be private property?

Yes, They are owned by someone. Private property is anything you can own, use, or dispose of things of value.

The Freedom of Choice is can make decisions independently and must accept

consequences of those decisions. A example is you can pick any newspaper or magazine.

Profit is the money left from sales after all of the costs of operating a business

have been paid. Just like my store any money left over after is a profit

Hey look there is two pizza places next to each other !!


This what you actual call compitetion. Competion is the rivalry among businesses to sell their goods and services.

Sal's Pizza

Joe's Pizza

Wow Dad, Thank you so much for telling me about the 4 principles of the U.S ecomey.

No probelm son, It is very important to learn about. This is all stuff that happens in our everyday lives.

Create your own at Storyboard That

Hey dad, I was watching T.V this moring and they were talking about the 4 principles of the U.S Economy. What is it?

The 4 principles of the U.S ecomey are Private propery, Freedom of choice, profit and competition.

Sal's Pizza

joe's watches

The Food

would those stores be private property?

Yes, They are owned by someone. Private property is anything you can own, use, or dispose of things of value.

The Freedom of Choice is can make decisions independently and must accept

consequences of those decisions. A example is you can pick any newspaper or magazine.

Profit is the money left from sales after all of the costs of operating a business

have been paid. Just like my store any money left over after is a profit

Hey look there is two pizza places next to each other !!


This what you actual call compitetion. Competion is the rivalry among businesses to sell their goods and services.

Sal's Pizza

Joe's Pizza

Wow Dad, Thank you so much for telling me about the 4 principles of the U.S ecomey.

No probelm son, It is very important to learn about. This is all stuff that happens in our everyday lives.

Create your own at Storyboard That

Hey dad, I was watching T.V this moring and they were talking about the 4 principles of the U.S Economy. What is it?

The 4 principles of the U.S ecomey are Private propery, Freedom of choice, profit and competition.

Sal's Pizza

joe's watches

The Food

would those stores be private property?

Yes, They are owned by someone. Private property is anything you can own, use, or dispose of things of value.

The Freedom of Choice is can make decisions independently and must accept

consequences of those decisions. A example is you can pick any newspaper or magazine.

Profit is the money left from sales after all of the costs of operating a business

have been paid. Just like my store any money left over after is a profit

Hey look there is two pizza places next to each other !!


This what you actual call compitetion. Competion is the rivalry among businesses to sell their goods and services.

Sal's Pizza

Joe's Pizza

Wow Dad, Thank you so much for telling me about the 4 principles of the U.S ecomey.

No probelm son, It is very important to learn about. This is all stuff that happens in our everyday lives.

Create your own at Storyboard That

Hey dad, I was watching T.V this moring and they were talking about the 4 principles of the U.S Economy. What is it?

The 4 principles of the U.S ecomey are Private propery, Freedom of choice, profit and competition.

Sal's Pizza

joe's watches

The Food

would those stores be private property?

Yes, They are owned by someone. Private property is anything you can own, use, or dispose of things of value.

The Freedom of Choice is can make decisions independently and must accept

consequences of those decisions. A example is you can pick any newspaper or magazine.

Profit is the money left from sales after all of the costs of operating a business

have been paid. Just like my store any money left over after is a profit

Hey look there is two pizza places next to each other !!


This what you actual call compitetion. Competion is the rivalry among businesses to sell their goods and services.

Sal's Pizza

Joe's Pizza

Wow Dad, Thank you so much for telling me about the 4 principles of the U.S ecomey.

No probelm son, It is very important to learn about. This is all stuff that happens in our everyday lives.

Create your own at Storyboard That

Hey dad, I was watching T.V this moring and they were talking about the 4 principles of the U.S Economy. What is it?

The 4 principles of the U.S ecomey are Private propery, Freedom of choice, profit and competition.

Sal's Pizza

joe's watches

The Food

would those stores be private property?

Yes, They are owned by someone. Private property is anything you can own, use, or dispose of things of value.

The Freedom of Choice is can make decisions independently and must accept

consequences of those decisions. A example is you can pick any newspaper or magazine.

Profit is the money left from sales after all of the costs of operating a business

have been paid. Just like my store any money left over after is a profit

Hey look there is two pizza places next to each other !!


This what you actual call compitetion. Competion is the rivalry among businesses to sell their goods and services.

Sal's Pizza

Joe's Pizza

Wow Dad, Thank you so much for telling me about the 4 principles of the U.S ecomey.

No probelm son, It is very important to learn about. This is all stuff that happens in our everyday lives.

Create your own at Storyboard That

Hey dad, I was watching T.V this moring and they were talking about the 4 principles of the U.S Economy. What is it?

The 4 principles of the U.S ecomey are Private propery, Freedom of choice, profit and competition.

Sal's Pizza

joe's watches

The Food

would those stores be private property?

Yes, They are owned by someone. Private property is anything you can own, use, or dispose of things of value.

The Freedom of Choice is can make decisions independently and must accept

consequences of those decisions. A example is you can pick any newspaper or magazine.

Profit is the money left from sales after all of the costs of operating a business

have been paid. Just like my store any money left over after is a profit

Hey look there is two pizza places next to each other !!


This what you actual call compitetion. Competion is the rivalry among businesses to sell their goods and services.

Sal's Pizza

Joe's Pizza

Wow Dad, Thank you so much for telling me about the 4 principles of the U.S ecomey.

No probelm son, It is very important to learn about. This is all stuff that happens in our everyday lives.

Create your own at Storyboard That

Hey dad, I was watching T.V this moring and they were talking about the 4 principles of the U.S Economy. What is it?

The 4 principles of the U.S ecomey are Private propery, Freedom of choice, profit and competition.

Sal's Pizza

joe's watches

The Food

would those stores be private property?

Yes, They are owned by someone. Private property is anything you can own, use, or dispose of things of value.

The Freedom of Choice is can make decisions independently and must accept

consequences of those decisions. A example is you can pick any newspaper or magazine.

Profit is the money left from sales after all of the costs of operating a business

have been paid. Just like my store any money left over after is a profit

Hey look there is two pizza places next to each other !!


This what you actual call compitetion. Competion is the rivalry among businesses to sell their goods and services.

Sal's Pizza

Joe's Pizza

Wow Dad, Thank you so much for telling me about the 4 principles of the U.S ecomey.

No probelm son, It is very important to learn about. This is all stuff that happens in our everyday lives.

Create your own at Storyboard That

Hey dad, I was watching T.V this moring and they were talking about the 4 principles of the U.S Economy. What is it?

The 4 principles of the U.S ecomey are Private propery, Freedom of choice, profit and competition.

Sal's Pizza

joe's watches

The Food

would those stores be private property?

Yes, They are owned by someone. Private property is anything you can own, use, or dispose of things of value.

The Freedom of Choice is can make decisions independently and must accept

consequences of those decisions. A example is you can pick any newspaper or magazine.

Profit is the money left from sales after all of the costs of operating a business

have been paid. Just like my store any money left over after is a profit

Hey look there is two pizza places next to each other !!


This what you actual call compitetion. Competion is the rivalry among businesses to sell their goods and services.

Sal's Pizza

Joe's Pizza

Wow Dad, Thank you so much for telling me about the 4 principles of the U.S ecomey.

No probelm son, It is very important to learn about. This is all stuff that happens in our everyday lives.

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Storyboard Text

  • Hey dad, I was watching T.V this moring and they were talking about the 4 principles of the U.S Economy. What is it?
  • The 4 principles of the U.S ecomey are Private propery, Freedom of choice, profit and competition.
  • would those stores be private property?
  • Sal's Pizza
  • Yes, They are owned by someone. Private property is anything you can own, use, or dispose of things of value.
  • joe's watches
  • The Food
  • The Freedom of Choice is can make decisions independently and must acceptconsequences of those decisions. A example is you can pick any newspaper or magazine.
  • Profit is the money left from sales after all of the costs of operating a businesshave been paid. Just like my store any money left over after is a profit
  • Hey look there is two pizza places next to each other !!
  • Sal's Pizza
  • This what you actual call compitetion. Competion is the rivalry among businesses to sell their goods and services.
  • Joe's Pizza
  • Wow Dad, Thank you so much for telling me about the 4 principles of the U.S ecomey.
  • No probelm son, It is very important to learn about. This is all stuff that happens in our everyday lives.
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