Meet Kimberly, she is about to leave for her long, adventurous day at The Enchanted Zoo.
The Petting Zoo
I'm having so much fun!
When boarding the bus, Kimberly experiences one of the four principles of Capitalism: Freedom of Choice. This allows people to make decisions and accept the consequences of those decisions. Kimberly is able to choose which seat she wants to sit in. Due to her choice of sitting in the back she is satisfied when it isn't as loud as the front.
The Lion Den
As soon as Kimberly arrived to The Enchanted Zoo she was faced with another principle of capitalism: Competition. This is rivalry among businesses to sell which encourages improved products and practices and lower prices. Two booths are set up, but one only sells drinks and the other only sells snacks. Kimberly is having a tough time deciding between if she wants to clinch her thirst or hunger before she goes on about her day.
Whenever Kimberly gets inside she is greeted by sheep and goats. This is an example of a Market Economy because the animals are controlled by the people and the zookeepers don't need to look after these animals. People are allowed to interact, feed, play, and brush these animals.
Kimberly continues walking through long halls and ends up in the lion den. This is an example of a command economy because the lions are completely owned and controlled by the zookeepers. Kimberly encounters the next principle of capitalism by using her camera to take pictures of the lions: Private Property. This is to own, use, or dispose of things of value.
They're scary when they're up close and personal.
As Kimberly finishes looking over the photos she just took of the lions she ends up by the horse pin. This area is an example of a mixed economy in which means combined elements of command and market economies. The horses are taken care of by the zookeepers and trained, but the people are able to interact and even ride the horses. But it costs money giving the workers a profit.