unit 1 assesment
Storyboard Text
- no not today we need to get you a backpack and water bottles for school
- Mom can i get this new phone
- I became a police officer because my dad and great grandfather used to be one.
- What is the economy all about?
- The demand for this product where was alot higher last month than this month.
- I came in last month and the prices were a lot higher than they were last month.
- Wants and Needs: The daughter wants to get a new phone but school is about to start. So her mom said no because she needs to get a back pack for school and water bottles for the house.
- about a month ago my buisness crashed economic downfall.
- types of economic systems: This is an example of the traditional economic system.
- Supply and demand:The price was alot higer last week because the demand for the prodcut was higher.
- Buissness cycle His business took a boom, due to economic downfall. Now his busisness is up and running again due to the many newspaper reports on thee upcoming election.
- Now you know what the economy system is all about
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