Types of Economy StoryBoard

Types of Economy StoryBoard

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Storyboard Text

  • The Vacation
  • I can not wait to experience each countries different Economies
  • Freedom of Choice 
  • Son you can choose what seat you wish to sit in but be wear of the competition for those seats.
  • Day one: Brooklyn.
  • This is Kyle, he is about to travel to visit different countries and economy's around the world as well as the four principles of Captialism 
  • Private Property
  • while taking a bus to Brooklyn Kyle experiences one of the four principles of Capitalism, Freedom of Choice. Kyle has the choice to sit anywhere on the bus without anybody saying he can't sit there  
  • Competition
  • In a bakery in Brooklyn Kyle witnesses the third principle of Capitalism, profit. Profit is the financial gain in the amount earned and the amount demanded. He see's the Baker making a profit off of all the pastry's he has made and sells.  
  • In the country side Kyle witnesses the last of the four principles of Capitalism, Private Property. Private Property is property owned privately by one person or a group of individuals. 
  • Yes this land is privately owned by me and my family. we use it as a farm for Produce.  
  • is this land owned for the public or just for your own personal use?
  • While in New York Kyle sees two business's competing to out sell the other. Those two companies are Apple and Samsung. Competition is the rivalry among sellers  trying to achieve such goals as increasing profits.   
  • Those two companies are really trying to out sell the other. Apple makes good technology but Samsung is catching up. 
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