When someone says economics I think of an bank, or a restaurant like Old Chicago or buddies. Because it’s an good business to be in, and an big one to, a lot of money is made and distributed in those industries, also because I go to and see a lot of these businesses around everywhere I go. I think they make a lot because, well because you need them to stay alive and well in the world. But they also thrive or fall because everyone enjoys saving their money, and good food. But if we didn’t have them, our economy wouldn’t be the same at all because both industries bring in million of dollars in a year. Do you think our economy would be the same if we didn't have banks or restaurants?
Thursday, October 8, 2015
Economics
When someone says economics I think of an bank, or a restaurant like Old Chicago or buddies. Because it’s an good business to be in, and an big one to, a lot of money is made and distributed in those industries, also because I go to and see a lot of these businesses around everywhere I go. I think they make a lot because, well because you need them to stay alive and well in the world. But they also thrive or fall because everyone enjoys saving their money, and good food. But if we didn’t have them, our economy wouldn’t be the same at all because both industries bring in million of dollars in a year. Do you think our economy would be the same if we didn't have banks or restaurants?
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Well said. I think that this is perfect for describing Economics. I wrote myself about this and I said about the same thing. I like how you said that they make a lot of money, because good businesses can make a lot of money. Some businesses are so popular that they became chains and you see them all around the world, just like you said.
ReplyDeleteI think Economics would be a lot different with out banks because people would not be able to have credit cards and have to carry around a lot more cash
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