Principles of Capitalism
Storyboard Text
- Principles of Capitalism
- Good morning honey. Do you want any thing for breakfast?
- No thank you. Have a good day at work!
- Freedom of Choice
- Can I please get pancakes for breakfast?
- Absolutely Sir!
- Profit
- Would you like to buy this Car for $15,000
- I'll take it off your hands for 12,000
- Competition
- Should I go to Target or Wal-Mart to buy my groceries
- The definition of Freedom of Choice is the right or ability to choose whatever you want to do or have. In my picture, my character has to choice to have pancakes for breakfast because that's what he wants.. It allows citizens to be apart of their society and to be able to be free.
- Private Property
- This is my Private Property, clean up your dog's mess!
- Profit is a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something. For example, if you buy a used car then fix it up and sell it for more then your making a profit. This allows businesses to make more money because of the revenue.
- Closing
- Competition is the rivalry between companies selling similar products and services with the goal of achieving revenue, profit, and market share growth. For example, a citizen can choose between Wal-Mart and Target to buy their needs. The both sell similar items and are constantly benefiting off of each other.
- Private Property is property that is owned by an individual or group of individuals (such as a company or corporation), rather than by the government or society at large. For example it could be someone's house or company building that isn't owned by the government. This allows people to work in a market economy and not controlled by the government.
- Sorry Sir
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