Microsocity blog week

6

Profits

Profits.What does it mean? It means when you know how much you made in cash. We had some shops in our socity and they were making profits.Mrs thorpe got one of the shop to count and keep track of their profits.We started our simulation and everyone bought a licence.At the end of the simulation thesho[ Mrs Thorpe picked annouced their profit totel.

We watched a video explaining the genarel election.We also learned about loss.First be careful that you don't end up with no money [like our priesident].What this means for bussiness?For bussiness this means they won't have money to give change with or buy reasouses.But so far in our socity it hasn't happened yet.