Walk through the theme park
Storyboard Text
- Village Park
- Hi! My name's Mia! Today we are going on a walk through the Village.
- The Hill House
- The Hill House and its tiny community is under a Traditional Economy.
- The Castle
- The Castle has a Command Economy.
- The Shack
- The shack is under a market economy.
- Home Alley
- At The Hill House they are under a Traditional Economy. In a Traditional Economy , goods and services are produced the way they always have been. Its simalir to a snail, slow to change.
- The Home Alley is under a mixed economy.
- Village Park
- The Castle uses a Command Economy. In a Command Economy all resources are owned and controlled by the goverment. North Korea is also a Command Economy.
- The Shack has a Market Economy. In a Market Economy resources are owned and controlled by the people., just like New Zealand.
- The Home Alley is under a Mixed Economy. A Mixed Economy is a combanition of elements from the command and market economies. They are like the United States.
- The Village has a variety of economies that are all different. I hoped you learned something about the 4 types of economy.
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