Economic Comic Strip
Storyboard Tekst
- Mommy can I please get a new doll.
- Sorry honey you cant get a new doll right now because were low on money
- Mommy can I please get a new doll i need it.
- Honey im sorry but a doll is not something you need right now let me show you things that we need and while were at it we should go over other topics of buisness
- ah ok I see.
- Alright honey so there are wants and needs and a want is obviously something you want that wont really help you while a need is something that will help you.
- So these clothes over here are things that you need because you need clothes to be everywhere and stay warm but a doll is somethings that really wont help you at all.
- So the the United States is a Mixed economy, meaning that mixed system supposedly has the best features of a market and command system but mixed economies actually face the challenge of finding the right balance between free markets and government control.
- Moms daughter wonders if she can get a doll but she cant because they need money for other things.
- Ah ok.
- Moms daughter really wants a doll and she doesnt understand what wants and needs are so her mom is going to tell her about wants and needs and other buisness things.
- Now I am going to tell you about supply and demand. Demand is a consumers side of puchasing and supply is the sellers desire to make a profit. Thing that affect supply what people want and what they want to pay. This also goes along with wants and needs.
- Makes sense.
- Mom teaches daughter about wants and needs by showing her why clothes are a need and why dolls are a want.
- Thanks for telling me about this mom.
- Now before we go home let me tell you about business cycles . A buisness cycle is the periodic growth of a nations economy. Governments try to manage business cycles by spending, raising or lowering taxes, and adjusting interest rates. Business cycles can affect individuals in a number of ways
- The mom teaches her daughter about what economy they are in.
- Mom tells daughtrer about how supply and demand works.
- Before the mom and daughter go back home the mom tells the daughter about buisness cycles.
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