Welcome to finally being able to be in charge of the market.
Good to finally meet you how was your flight?
Very well thank you,
Hey what did you mean when you said you are in charge of the market?
Wow that is nice where i come from it is the complete opposite
Well you see here in America we have Economic freedom which means we can buy and produce anything we want. It helps the economy.
Are you guys provided with homes from the government aswell, Economic security is really important to us it helps us live more comfortable
No here we have to buy our own house it is not provided
Wow that must be amazing, where i come from only the government is allowed to own businesses.
It's going really well we are planning on opening another restaurant soon. So we will hire more people and grow more
How is your restaurant going so far?
Just got some bad news one of my workers plans on moving, i might have to promote somebody to her position
Wow that must be harsh
Actually it is easier because we all know we will get a job, although some people do more work then others and get paid the same it can be stressful
wow that must be nice for the person getting the promotion. In my country everyone is provided a job at the same level of pay no matter what skills set one has.
You see here in america we have a mixed economy so private business owners are in charge and so are the people. For example say Target or walmart they decide what goods to produce and if people buy them more will be created
So who decides what to produce, how to produce, and to whom to produce it to in your country?
Well the government and government officials have that task where i come from. Say if you want a phone the government decides the price for the phone and the companies that can sell it.
Well that was good information for one day thank you
How about here who decides what to produce?, how to produce it?, and to whom to produce it too?