Owen and Zach Business

Owen and Zach Business
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Storyboard Text

  • Command Economy
  • I'm sorry but that can't happen.
  • I want to play on the football team
  • Traditional Economy
  • Lets go catch it the way it has always been.
  • Market ECONOMY
  • WOW she is really good, I made a mistake.
  • the government controls all the resources of the economy
  • Mixed Economy
  • Goods and services are produced the way they have always been. (Usually in less developed countries)
  • Freedom of Choice
  • I can play whatever sport I want.
  • The people control the resources and the way things are done.
  • Competition
  • In this economy both sides share the power of the government.
  • Thomas can play whatever sport he wants because one of the 4 principles of capitalism is freedom of speech.
  • They are competing in a race, and in the economy there is competition for customers.
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