4 Economic Systems

Economy and Me

Economy is present in my life in many different ways.

    One way economy is in my life is from consumption. Consumption is in my life because everything I used is mostly consumed.  An example of consumption are pencils, I use pencils in school or outside of school every single day. But to get pencils I have to consume them or buy them from services.

    This is why services are also part of my life. For example I have to go to stores to buy things in stores or services. Without stores I would not have anything. So that is why services are part of my life.

    Production is another part of the economy which is also part of my life. An example of production are cars. Cars are important because you use cars to travel around to places instead of walking.Cars are apart of production because they are produced in factories.

Wikipedia.” Wikipedia. Wikimedia Foundation, n.d. Web. 27 Oct. 2015. <https://en.wikipedia.org/wiki/life_cycle_thinking>

   One more way economy is in my life is from distribution. One way distribution affects my life is from stores. If factories never distributed anything from where they produce things to stores then every time you wanted to buy something you would have to go to a factory.

   The final way economy affects my life is from goods. Goods are very important because almost everything you own or have is a good so if you didn't have any goods then you wouldn't have anything and not even food.

   Some people may not realize it but your economy is one very important factor in your life. Without an economy you wouldn't have the majority of things you have right now.                                     

Chose to be Bothered

  I think it is important to be bothered because if you are bothered by things then you will want to fix that and when you fix that or create it then that's how humans will invent things or advance in life. An example is that when i was in first grade, I was doing really bad in math and i wanted to fix that so i kept practicing and practicing so now i can do two grades above in math. Another example in regular life is medicine. If people weren't trying to fix all these sicknesses and diseases then even a few mosquito bites could be sever. But because people wanted to fix that they made medicine so now we don't have to worry about some sicknesses and diseases.