What is the economy all about?

What is the economy all about?

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  • I love reading!
  • This stand always has the latest and the greatest news stories!
  • I want an iPhone X!
  • The Economy is made up of Supply and Demand. This newspaper stan needs to keep up with the Supply and also Meet the Demand.  
  • Our people are the last without technology! 
  • New Rule! I can no longer kick! I can use my hands and you have to use your feet
  • When the Demand is High People will want more of a product. 
  • But sir...
  • In a Market Economy we are free to choose whatever we want to buy and even run our own stand!
  • The Market fell today, I just lost everything. 
  • Thanks to the Market I just lost my job after 5 years of service.
  • Traditional Economies are run by the culture of the it's people. 
  • In a command economy you play by the Government's rule. 
  • But what they all have in common, each economy will rise and each of them will fall.
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