intro to businesses
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they both want to be the best ice cream shop.
hey Joe, I was wondering if you wanted to help me? I heard my mom talk about the US economy system. Do you know anything about that?
Yeah! I can definitely help.
private property is something that we are learning about, can you help me understand it better.
Private property is a property that can be owned by anyone, it is usually valued.
Yes, that is true but don't forget they have to be okay with the consequences.
I heard that freedom of choice is a decision that an individual makes. Is that true?
Yeah, there are two different ice cream shops and that is called competition.
isn't there two different ice cream shops in town?
That's cool. You make money!
working here makes me a profit. I get the left over money that they place has after they pay the operating costs.
Thanks again Joe for really helping me understand The US economy system.
Any time Kim!