what do they make? why do they make it? who makes it? who buys it?
TRANSCRIPT
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What do they make? Why do they make it? Who makes it? Who buys it?
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Should the government be involved in the
economy?
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Command Free
Cuba USA Australia
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)
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Command Free
Cuba USA Australia
Healthcare
Gov’t pays your
medical bills
Pay your own
medical bills
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Command Free
Cuba USA Australia
Business
Gov’t regulates
restaurants and food
producers
no regulation.
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Command Free
Cuba USA Australia
Choice
Economy will make hammer
pants
People will make
whatever they want
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Command Free
Cuba USA Australia
Hammer Time!
Economy will make hammer
pants
People will make
whatever they want
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Command Free
Cuba USA Australia
Choice
only music will be cats
playing heavy metal
Listen to whatever you want
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Command Free
Cuba USA Australia
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.
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Command Free
Cuba USA Australia
property
Everyone gets a home, but
it’s owned by the gov’t
Buy your own home
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Command Free
Cuba USA Australia
profit
No one makes money.
gov’t provides you with what
you need
Make $$$, buy what you want.
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Command Free
Cuba USA Australia
Competition
No Competition.
One gov’t restaurant.
McDonald’s v. Burger King. Competition makes them
better.
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Command Free
Cuba USA Australia
Drink Sweet Tea.
Choice
Sweet Tea is illegal
because it unhealty.
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Command Free
Cuba USA Australia
Healthcare
Gov’t pays your
medical bills
Pay your own
medical bills
Poor & old get free
healthcare
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Command Free
Cuba USA Australia
School Lunch
Everyone gets a free meal,
but the same meal
everyday
No money, starve.
Low income students get
free meal.
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Command Free
Cuba USA Australia
College
Smart go for free, but the gov’t picks your job.
Smart and have $. You can
go.
Gov’t will help some
people.
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Command Free
Cuba USA Australia
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.
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Command Free
Cuba USA Australia
Choice
Get what the gov’t gives
you.
Buy whatever you want.
Some things you can
have, some you can’t.