Intro to Business - Economies Storyboard
Texto del Guión Gráfico
- Well I guess it's time to go to work but... Everything looks differnt. .. but I'm not sure why.
- The 4 Types of Economies
- Its almost as if I've entered an area with a Command Economy. A Command Economy is when all resources are owned and produced by the government
- Government Owned
- Government Market
- Wow it seems that my work bulding runs under a market economy. A market economy is an economy run by the people for the people.
- Self-InterestLimited gov. controlCompetitionPrivate property
- So I think I've figured it out! I'm pretty sure that whenever you go through a different door a differnt type of ecomony will appear.
- Self-InterestLimited gov. controlCompetitionPrivate property
- Yes! I figured it out. This seems to be a traditional economy. A traditional economy is when goods and services are produced the way they has have and there is little progess.
- Private Businesses This way
- I thought it would be fun to see another common type of economy when walking into a store. This economy is a Mixed Economy. This type of economy is an economy that uses methods/elements from comand and market economies.
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