econ storyboard

econ storyboard
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  • Hi i'm from Cuba and where i'm from we have a command economy. In Cuba the government supplies basic needs like shelter and food 
  • Hi i'm from Australia and here we have a market economy. In a market economy people can make a business if they want to .
  • In Cuba things are extremely expensive so people don't have much of anything
  • In Australia the government doesn't guarantee us a job
  • The person from Cuba gave an example of economic security 
  • in Cuba people can make their own businesses so they can make extra money 
  • in Australia the stores always have what you need
  • the person from Australia gave an example of economic freedom
  • in a command economy the government decides what things are produced, how they're produced and for whom to produce it for.
  • the two people are explaining the negatives about each economy.
  • in a market economy, how and what is produced is decided by the producers. And the the producers decide whom they're making it for .
  • the two people are explaining the positives about each economy
  • the person from Cuba is talking about the three economic questions.
  • the person from Australia is talking about the three economic questions.
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