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  • I need to go and buy some new vans today 
  • You you don't need vans, you just want them. 
  • I think i'm going to start my own coffee business, that coffee was bad
  • Yeah that was bad coffee, and i think you should. Lets go to the mall
  • Tom what kind of economy would i go into if i did start the business?
  • In the United States we have a mixed Economy, so you can start the business, but government is involved 
  • Now pick it up we are only 2 blocks away from the mall. 
  • The price for these shoes are to high. I should only pay $30
  • Macie is telling tom about how she NEEDS vans and tom explains to her she does not them she just wants them. Vans is a type of shoe but is a known making it a want not a need. 
  • Well the shoe is nice and hold ups well. They are gonna ask more for them. 
  • There is different types of economies like Traditional, Mixed, Command, and Market. Here Macie talks about a market Economy.
  • Vans must be at there peak right now!
  • Yeah the employment is pretty high. 
  • 50 bucks dude
  • Here Tom explains to macie what kind of government The United States is and what she would go into with her own business. 
  • They will probably be in the recession stage, later this year. Lets get home
  • This would be supply and demand. Macie being the demand only wants to pay $30, while vans the supply sell them for $50 because of the brand and shoe.
  • While macie and tom were checking out macie noticed that vans was at at their peak which is part of the employment cycle. 
  • Macie expalins how employment was high and prices. Tom explains how later this year they might fall in to the recession stage of a business cycle. The cycle also has trough stage and expansion stage. 
  • Wow, vans is doing really good right now, i wonder when things will drop
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