MAM3020 Graphic Novel

MAM3020 Graphic Novel

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Storyboard Description

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Storyboard Text

  • Look at this shopping mall, Isn't it great?
  • You buy things like clothes and toys, all while contributing to the economy!
  • Profits in a mixed economy create an incentive for people to open businesses and work for them, people like Jack here work for a monetary incentive.
  • This business where I buy my blue shirts contributes by paying its employees using parts of its profits
  • Businesses contribute to the Canada, Alberta, and Calgary economic goals to grow the economy and create jobs for people such as this barber
  • In the business cycle, things like me buying this soda contribute to an "upwards movement" of GDP because I am giving money to a business to pay taxes with and pay their employees
  • Because of taxes paid by you and businesses, were able to afford to balance budgets for things like public transport, roads, etc,
  • Well, I hope you learned something about how our economy runs! While it seems complex, it works and it works well.
  • Join me next week when we explore business in a global marketplace!
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