The United States Economy

By Amanda Mitchell

In the United States economy, individuals and businesses have the right to own personal property without interference from the government. This picture represents this because they don't allow anybody onto the beach because it's private property.

In the United States economy, there is competition between producers and sellers to get on top and make the most profit. This picture represents this by having one person on top of other people after a competition, which is a lot like the competition in the United States economy.

Markets in the United States economy are allowed to operate without interference from the government. This picture shows a farmers market that is not being controlled by the government.

Scarcity means that there is a limited amount of a good or resource. This picture shows that there is a scarce amount of water in this area.

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