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What do they make? Why do they make it? Who makes it? Who buys it?

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Presentation on theme: "What do they make? Why do they make it? Who makes it? Who buys it?"— Presentation transcript:

1 What do they make? Why do they make it? Who makes it? Who buys it?

2 Should the government be involved in the economy?

3 CommandFree CubaUSAAustralia Economies fall along a spectrum: - Some have a lot of gov’t involvement (command) - Some have little gov’t involvement (free) - Some have a mixture of gov’t involvement (mixed)

4 CommandFree CubaUSAAustralia Healthcare Gov’t pays your medical bills Pay your own medical bills

5 CommandFree CubaUSAAustralia Business Gov’t regulates restaurants and food producers no regulation.

6 CommandFree CubaUSAAustralia Choice Economy will make hammer pants People will make whatever they want

7 CommandFree CubaUSAAustralia Hammer Time! Economy will make hammer pants People will make whatever they want

8 CommandFree CubaUSAAustralia Choice only music will be cats playing heavy metal Listen to whatever you want

9 CommandFree CubaUSAAustralia Choice Gov’t decides who goes to school and what you will do for a living. Want to go to school. You pay for it.

10 CommandFree CubaUSAAustralia property Everyone gets a home, but it’s owned by the gov’t Buy your own home

11 CommandFree CubaUSAAustralia profit No one makes money. gov’t provides you with what you need Make $$$, buy what you want.

12 CommandFree CubaUSAAustralia Competition No Competition. One gov’t restaurant. McDonald’s v. Burger King. Competition makes them better.

13 CommandFree CubaUSAAustralia Drink Sweet Tea. Choice Sweet Tea is illegal because it unhealty.

14 CommandFree CubaUSAAustralia Healthcare Gov’t pays your medical bills Pay your own medical bills Poor & old get free healthcare

15 CommandFree CubaUSAAustralia School Lunch Everyone gets a free meal, but the same meal everyday No money, starve. Low income students get free meal.

16 CommandFree CubaUSAAustralia College Smart go for free, but the gov’t picks your job. Smart and have $. You can go. Gov’t will help some people.

17 CommandFree CubaUSAAustralia Jobs Gov’t always has a job for you, but you will not be rich. Lost your job. Too bad. Gov’t will help people in need.

18 CommandFree CubaUSAAustralia Choice Get what the gov’t gives you. Buy whatever you want. Some things you can have, some you can’t.


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