Hi Dad I have a job interview and I need to know how the U.S economy works. I want to start learning things about business.
Ok son I will teach you the basics and then teach you the more complex stuff later on.
OHHHH! Ok it makes sense that our house and the things we own is private ownership.
The first thing is private ownership. The house we live in and own is private ownership. No one can take this away from us because we own it.
I want to own a business one day. Thanks dad for teaching me this. I'm also going to read books about how to run a business successfully.
Son the most important thing for a business is profit. A company after all its expenses has to have profit to prosper in it's industry.
I'm so happy that I live in this country because I see on the news that other countries don't let people do what they want to do.
Also this country strives so much because of freedom of choice. That's why your grandpa came to this country. In this country you can become whatever you want.
Yes I know that I have to be the best and learn everyday to be number one.
Also another term you need to know is competition. Everyone wants to be the best and there is so much competition out there and you have to stand out and be the best.
Come on boy get up and start reading books about business so you know what you're talking about in your job interview.
Ok dad. I'm going to read the book rich dad poor dad by Robert Kiyosaki.