Synthesis- Group 2

                                                                                                                       

A market economy is an economy based on the power of division of labor in which the prices of goods and services are determined in a free price system set by supply and demand. The story started when a couple, James and Jasmine, were dating. They were in areas where different economic situations occur.

            The first scene was shown as James and Jasmine were taking a stroll on the sidewalk, the season back there was summer and it was hot. The two have decided to take a break; they’ve found an icecream booth and a batchoy store, James had thought of having batchoy but because of the weather, they’ve decided to take ice cream instead. On the other other hand, the owner of the batchoy store, Jean, had a hard time selling her stuff while on the ice cream booth which was owned by Joy is having a shortage of stocks due to an increasing number of customers.

            The second scene took place on a restaurant, owned by Joelo and Rose. After having an icecream, they felt that it was not good enough to quench their hunger; they’ve decided to have a lunch on the said restaurant. They’ve made their order and had their meal, after having it, the two had asked for the payment, what they don’t know is that the buffet was excluded from tax and other service charge. They have not anticipated that the bill would be a lot higher than usual. They’ve asked “why” and the manager, Joelo, explained it to them.

            The third scene has taken place on a Mall. There, they’ve found out a very nice place to go. A promo girl, Kim, introduced Eden and Pearl farm as a very good destination. The two had a little confusion on where to go, but because of the discount that they’ve found out, Pearl Farm was a more suitable place. It was also summer back then which was very fitting to go on a beach to have relaxation and fun.

            After having decided to go on to Pearl Farm, the two had to go on buying for swimwear. There, they’ve met the sales lady, Joy, which introduced them to their fine, sophisticated products. On the other hand,James, had a little thought on how swimsuits were made, the flashback was portrayed by Jaycee, Jen and Rose, the three had shown how production of swimsuits were done, its costing and manufacture.

            The scene had ended on the two lovers having a date on the beach. That’s how we portrayed our little Market economy.