Economic Story
Storyboard Text
- Wild Adventure
- Bus Ride
- On Airplane
- Little Billy goes out into the world to explore and find friends because he is very lonely at home. On his way he hopes to complete the 4 principles of Capitalism to show how much of a good kid he is.
- Making Money
- Little Billy takes a trip to the airport so he can go to North Korea and see what its like .
- Competition
- While on the plane the flight attendant gives little Billy a variety of food choices. Such as nuts and cherries. This caused him to experience his first of 4 principles of Capitalism, Freedom of Choice. This is when he gets to make his own decisions. It is beneficial to him because he can choose what food he would prefer over the other instead of getting something he doesn't like.
- Little Billy Stealing
- Little Billy looks to his right and see's that the girl is really hungry. He says to the girl he will give her his peanuts if she gives him $5. The girl couldn't resist and gave him the $5 for the peanuts. This is an example of profit being made by Little Billy. Profit is the money gained or loss after making a sale. It's beneficial because he gained $5 for something that he got for free.
- The lady to the left of Little Billy had noticed the trade they made and decided to offer the girl a better one. She offered a chocolate bar for $3 and the other girl took it ,taking back her money from Little Billy and throwing the peanuts at him. What the girl just did was give Billy competition. She lowered the value of her food and sold it over him. This gives people more options instead of having to buy one thing.
- Little Billy got mad at the girl for taking the other girls food instead of his and tried to get her with the look over there and steal her necklace. Little Billy got caught red handed trying to steal her private property. This is when someone owns something that has value towards them. It was her own necklace since she payed for it so Billy has no right to take it. Little Billy got in big trouble by the flight attendant and was reported to the police.
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