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economic systems
Updated: 10/23/2020
economic systems
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Storyboard Text

  • Hello I'm the economy fairy I'm going on a journey to discover all the different economies around the world. want to come?
  • Ugh free market economies are terrible all the big buissnesses control all the resources I wonder what other economies are like.
  • Sure, work is boring anyway.
  • This is a subsistance or traditional economy people produce enough to survive and trade with others for other goods.
  • Today we allocate more resources to weapons and less to producing food for my people
  • Oh no!
  • This is a command economy resouces are alocated by the government, they often do not have their peoples best intrest at heart.
  • This is a free market economy you live her so why dont you tell us about this on.
  • In this economy consumers and firms control the economy with no goverment intervention.
  • This is a mixed economy consumers and firms do still run the economy but acording to goverment guidelines
  • This one sounds good.
  • Thank you for showing all these economies
  • Well your back home now.
  • Bye economy fairy
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