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ECONOMY COMIC PT 1
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In economy class, Ruby, the teacher told the students to do a work after the christmas holidays.
Rue, her friend, has been sick two weeks and wasn´t able to go to school, so Vega called her and proposed an idea.
Hello Rue! I was thinking about the economy project and I thought it would be a good idea for us to meet one day and explain the unit to you
When Rue started to feel better, they meet in the Guiness Storehouse, a famous factory museum of beer in Ireland.
It means that here cames the different inputs (materials) and with the different tecnologies they became outputs.
Here happens the transformation process part.
What does it mean?
In this case, the malt, water, hops and the yeast are the inputs, and the guiness beer the output.
I still don´t understand... what are the inputs or outputs in this case?
Ohh I think I understand now.
Another day they met in Vega´s house and started to study again.
The PPF, do you know what is that?
Yes! It is!
I guess so, it´s the boundary between goods and services that can be produced or not. Isn´t it?
I don´t know what means economic growth.Could you explain it to me?
Of course, it is when the production posibility expands.
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