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The story of economics
Updated: 10/10/2019
The story of economics
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Storyboard Description

A short story to get you to know economics the best.

Storyboard Text

  • Whats is economics?
  • Economics is the scientific study of how individuals have unlimited needs and wants with limited resources
  • Do you like cash, credit, or debit?
  • I like cash ready to go so I can buy what I want.
  • Because credit is money you will have to pay back later and pay more than what you used.
  • You know those shoes you're wearing are part of a physical capital
  • Because something in the factory is making it.
  • They are!! How?
  • Lets go somewhere to eat.
  • OK because this basketball is wearing me out.
  • Isn't your dad a entrepreneur.
  • Yup. And my mom is is a chef and that's part of labor.
  • They must have a scarcity on water and resources.
  • Right there is a big drought in California.
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