Intro to Business Assesment
Storyboard Text
- Hey Mom can I get the new LeBrons they are so cool his comercial said I would jump higher
- Do you really need them? I just lost my job and with the baby on the way. We really need to watch our spending.
- Did you hear how expensive used cars are right now?
- Yea... I heard that at the dealership yesterday. I asked why the inventory was so low and a worker told me the car chips are on a bit of a shortage so that can't make many new cars. Thats why they are so expensive
- My life is falling apart! I can't find a job because the employment rate is the worst it has ever been!
- Jim asked his Mom for the new basketball shoes. His Mom was just fired and has a baby on the way and they need to watch their spending and he doesn't need it. It is a want
- Sure son! Our economy is in a grouping labeled command meaning The government controls a significant portion of the economy structure.
- Hey dad can you tell me a little about the economy because I am doing a brief presentation at school.
- These 2 dads are talking about supply and demand. Since the supply on new cars are so low the producers are demanding high prices on the used cars. The reason there is so little there are new cars is because of the chip shortage.
- No. They are just competing with the other brands for buissness
- Hey dad? Can I get a new Hockey stick it is really light and looks so cool!
- She is crying because the employment rate is down and she can't find a job and her house is falling apart.
- Thank you for fixing the wall I really appreciate it
- economy cycles
- business competition
- Example of a service
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