ECONOMICS PROJECT NATHANIEL SINCLAIR 2nd PERIOD
Storyboard Text
- Im going to start a sole propietorship where I sell hand made shoe laces made out of recycled paper. I will have little to no competition near me and the big monoplistic companys cant take control of my businiess
- sole proprietorship in a monopolistic competitive industry
- Nathaniel Sinclair 2nd period Economics
- Well what I do is make different colored shoe laces for nike but I have to brand them with the nike brand. Other companys make similar but not perfect shoe laces too. But i think what your doing is smart
- proprietorship, is a type of enterprise owned and run by one person
- sole proprietorship in a perfectly competitive industry
- Today there is a farmers market that i've been preparing for with my new shoe laces.I dont think anyone there sells recycled paper shoe laces its a perfect idea im the only business that does that
- Congrats youre the only one selling shoe laces in the market you're gonna make a fortune
- a corporation in a monopoly
- Even though thre is a monopoly for classy ties which put up barriers for me I think I can hire many people and start a corporation that will last longer than even me we can bypass the monoplys and become successful.
- HECK YEAH!
- usually a group of people or a company—authorized by the state to act as a single entity and recognized as such in law for certain purposes.
- SHOE COMPANY #1
- partnership in a oligopoly
- Instead of competing we should partner up and make a colab shoe so that we both make profit and tons of people will love it.
- YOU'RE RIGHT LETS DO IT COLLAB!!
- SHOE COMPANY #2
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