Types of Economies Storyboard

Types of Economies Storyboard

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  • Adam's Trip
  • Stop One: North Korea
  • This isn't very fun!
  • Command Economy
  • This is Adam. He's excited because he gets to go on a long trip around the world, visiting many different countries.
  • Stop Two: Ethiopia
  • Adam begins his trip in North Korea. He soon learns that North Korea has a command economy. He was forced to eat the same thing everyday.
  • Traditional Economy
  • It feels like I've gone back into the past!
  • While Adam had been excited about seeing the cool businesses in this country, he was disappointed. The government had control over everything, and Adam quickly got bored.
  • Stop Three: China
  • China is awesome!
  • Adam continued the trip in Ethiopia. It was a bit of a shock to him. He didn't use his phone or computer at all there, as no one else even had them. The people were also more old-fashioned and worked harder than he expected.
  • It was clear to Adam that Ethiopia was a traditional economy.  Citizens kept things the way they had always been.
  • Adam headed out  of Ethiopia to his next destination: China.   Adam really enjoyed China.  With their mixed economy,  the government and the citizens shared economic power.
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