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What is the economy all about?

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What is the economy all about?
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Texto del Guión Gráfico

  • Hey, how are you?
  • Im doing great, thanks for asking. what are you thinking of ordering?
  • A want is something that people don't need to survive, while a need is something that is required to live.
  • I really want a burger but I need to stay healthy.
  • Oh, I guess that means this bottle of water is a need
  • Is their a difference to a want and a need?
  • Speaking of wants and needs. I need advice on starting my own business?
  • What are the 4 types?
  • The 4 types are traditional - culturalistic and everyone puts forth effort,Command- Government control,Mixed- Balance between government and consumer control, and finallyMarket- Driven by its consumers.
  • It depends on the type of economy your'e in. Their are 4 types of economies.
  • Opening Scene
  • So my best option is market?
  • Correct, but what product are you planning on selling and how much supply and demand is needed?
  • Wants and Needs
  • Speaking of knowledge regarding your own business, you need to keep track of the business cycle.
  • Types of Economies
  • Thanks for meeting me here and for all of the important information that you provided.
  • Your welcome, if you need anything else just give me a call.
  • Supply and Demand
  • Im planning on making my own shoe business but don't know what supply and demand means.
  • A demand is what the consumer is wlling to pay or want for an item, while the supply is what the business is willing / able to sell.
  • Business cycle
  • Business cycle?
  • The business cycle is a function of an economic process that determines the market.
  • Closing Scene
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