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  • You ready for our test on US economics when we get back to Earth?
  • We have a test?! Will you help me study?
  • Yeah, of course. First is Private Property. You can own, use, or dispose of things of value in the US. 
  • That sounds familiar.
  • I do not remember that.
  • Next is Freedom of Choice. You can make economic decisions independently and must accept the consequences.
  • Okay...
  • should I be taking notes?
  • Third is profit. Profit is the money left from sales after subtracting all costs of operating the business. 
  • Oh, I actually knew that one.
  • And last is competition. Competition is a rivalry among business to sell their goods/services to buyers.
  • Thanks, dude. I think I'm ready for this test.
  • You ready?
  • I'm gonna ace this!
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