what do they make? why do they make it? who makes it? who buys it?
TRANSCRIPT
What do they make? Why do they make it? Who makes it? Who buys it?
Should the government be involved in the
economy?
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)
Command Free
Cuba USA Australia
Healthcare
Gov’t pays your
medical bills
Pay your own
medical bills
Command Free
Cuba USA Australia
Business
Gov’t regulates
restaurants and food
producers
no regulation.
Command Free
Cuba USA Australia
Choice
Economy will make hammer
pants
People will make
whatever they want
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Cuba USA Australia
Hammer Time!
Economy will make hammer
pants
People will make
whatever they want
Command Free
Cuba USA Australia
Choice
only music will be cats
playing heavy metal
Listen to whatever you want
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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Cuba USA Australia
property
Everyone gets a home, but
it’s owned by the gov’t
Buy your own home
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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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Cuba USA Australia
Competition
No Competition.
One gov’t restaurant.
McDonald’s v. Burger King. Competition makes them
better.
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Cuba USA Australia
Drink Sweet Tea.
Choice
Sweet Tea is illegal
because it unhealty.
Command Free
Cuba USA Australia
Healthcare
Gov’t pays your
medical bills
Pay your own
medical bills
Poor & old get free
healthcare
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.
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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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.
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.