Economy Facts:)
By- Lexi Short, Courtney Bohlen, and Cooper Kelley
How does Starbucks go through the Factors Of Production?
3 people came up with this product, their names are Gordon Bowker, Jerry Baldwin, and Zev Siegl. Starbucks distributes the product and people make Starbucks homemade in a kitchen located in their stores. They use a lot of natural recourses in their drinks such as coffee beans, mint leaves, and water. At the end of all those steps you come out with a fantastic drink like there delicious frapachinos and coffee!
Our 3 chosen countries are U.S.A, North Korea, and China
U.S.A.// Freeenterprice-
GDP per capita- $57,158
Literacy Rate- 99%
Life Expectancy- 79.6
North Korea// Communism-
GDP per capita- $1,800
Literacy Rate- 100%
Life Expectancy- 69.8
China// Socialism-
GDP per capita- $7,961
Literacy Rate- 95%
Life Expectancy- 75.2
How scarcity affects counties
Scarcity affects America by how people and businesses are interdependent on each other. North Korea suffers from scarcity from not having enough food and it affects them, most of their population is starving and dying. China suffers from scarcity by having barely any water, and it affects them, nearly one fifth of the world lives there and China doesn't have enough water for everyone.
U.S.A.-
This is an Automotive Industry, it helps you get back and forward to your job.
North Korea-
Also in the Automotive Industry because motor vehicle production is geared towards the military.
China-
This one is the Worlds Leading Manufacturer, it helps chemical fertilizer and cement.
thank you! hope you enjoyed!
Lexi Short, Courtney Bohlen, and Cooper Kelley