Intro to Business (Pt. 2)

Intro to Business (Pt. 2)

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  • Kaitlin and Ashley ended up sleeping very well after their long day of traveling. This morning, Ashley was the first one up so she decided to run down and get some breakfast and coffee for both her and Kaitlin. In 2 hours, Ashley and Kaitlin have their first dance class of the day 5 blocks down the street.
  • Kaitlin and Ashley arrived to the dance studio a little bit earlier than expected, but they were okay with waiting outside the studio for a little bit. While they were waiting, they started talking to a very nice women by the name of Gabrielle and she was from Haiti. She told Kaitlin and Ashley that she just moved here from Haiti and she was already loving it here.  Gabrielle said that the one thing tat is very different is the United States economy (Market Economy) and Haiti's economy which is a Traditional Economy. A traditional economy is where goods and services are produced the way they have always been. Gabrielle told Kaitlin and Ashley that her main job in Haiti was to take care of the animals that were living on her farm, she also said it used to be her father's job before he got very sick.
  • Kaitlin and Ashley started off their morning in a hip hop class led by a teacher with a very inspiring story. His name was Ian and he was from Cuba. 3 years ago, he fled Cuba to come to the United States due to the way of living in Cuba. Ian said that another major reason he decided to flee was because of Cuba's economy. Cuba's economy, known as a command economy, was where all resources are owned and controlled by the government. Ian said that he had many friends that were working for government businesses/offices like police stations, post offices, and etc. but Ian was never interested in involving himself with those government jobs.
  • After Ian's hip hop class, which ended up taking 3 hours, Kaitlin and Ashley were invited to go to lunch with Gabrielle and another girl that was in their class and her name was Allyson. The place was a little diner and it was only 2-3 blocks away from the studio so they just decided to walk there. On there way there, Kaitlin and Ashley didn't realize how many private properties Los Angeles has. Private Property is one of the four principles of Capitalism and it means to own, use or dispose of things of value. Kaitlin and Ashley noticed signs on doors and fences that said: "PRIVATE PROPERTY, NO TRESPASSING". This principle is beneficial because it helps the people that own the property make a little bit more money and also, if people that are walking by are interested in the property means companys and indivuals are making more money.
  • Kaitlin and Ashley had a blast at lunch with their new friends, Gabrielle and Allyson. After lunch, they headed back to the dance studio to take two more 3 hour classes, one jazz and one ballet. Then, they would go back to the hotel, pack up their things, and start making their way back to LAX Airport.
  • Overall for their weekend, they would give it a 10/10. They met a lot of new people, learned many new things about the different economies and the four principles of Capitalism and also, had a lot of fun at their first dance convention. They are hoping to come back for next years dance convention!!
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