The Adventure

The Adventure

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  • The Adventure 
  • I'm so excited to go on my trip!!
  • Day 1: Chicago
  • Which one should I buy?
  • Freedom of chocie
  • There is many snacks and drinks to pick from during this flight.
  • Meet Avery. At this moment, she is about to go on an adventure around the world to view different countries and learn about them and their economies.
  • Day 2: New York 
  • Come get a hot dog!!
  • Avery's first stop is Chicago. While Avery is visiting the city, she comes across Principle of Capitalism-Competition is rivalry among businesses to sell which encourages improved products and practices and lower prices. Avery was struggling over which type of bracelet she should buy between these two businesses. She was looking for a bracelet that didn't cost that much and was in good shape.
  • At the park
  • Have fun!
  • After Avery was done with her trip in Chicago, she got on a plane to go to her next stop. While she was on the plane, she experience another Principle of Capitalism-freedom of choice is to make decisions and accept the consequences of those decisions. Therefore, Avery had to make a decision over what snack and drink she wanted for the flight and take the consequence that the money she is using is the money for her whole trip. 
  • Day 3: Florida 
  • I'm sorry I took your beach ball. 
  • Avery's next stop was New York to go visit the city. She came across a guy selling hot dogs, and asked the man for one and asked him if he owned is hot dog cart and he told her yes. While she was talking to the man about having his own hot dog car and having his own business, she came across a type of economic called market economy. Market economy is resources that are owned and controlled by the people of the country. Therefore, the man owned his own resources.
  • While Avery was in New York, she went to the park to see what activities she can do. One of the activities she found to do was ride a bike around the park. When she asked the man if she could ride the bike, he told her that she had to pay a profit. A profit is money left from sales after operating the cost of business has been paid. Therefore, Avery has to pay the cost of the bike ride  towards the business of the bike company.  
  • After the trip to New York, Avery went to Florida. Avery went to the beach to go swimming however, while she went swimming, she found a beach ball to play with. Although it wasn't hers she kept on playing with it but, some little girl yelled at Avery because that was her beach ball. The girl told her it was her private property. Private property is to own, use, or dispose of things of value. With that being said, the beach ball was the little girls property.
  • It's ok.
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