econ project
Updated: 12/11/2019
econ project
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Storyboard Text

  • I've brought you here to discuss what kind of economic system we should have for our country
  • I was thinking of making it a command economy
  • Tell me more, what are we going to produce, how are we going to produce it, and for whom are we producing it for?
  • A command economy is an economic system in which the government determines what goods and services should be produced, the supply that should be produced, and the price of goods and services.
  • There are many advantages to having a command economy, like how there's a set plan, job security, and everyone has equal income so there will be no poor people.
  • *not paying attention*
  • Yeah, but I can see problems already, like lack of motivation, there would be no incentive to innovate...are you even listening
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