ECONOMICS 101

 

Think of the economic decisions needed in order for you to be able to buy a can of COKE

 

  • Forest or other farmland, probably on a Caribbean island, had to be converted into a sugar cane plantation.
  • Sugar had to be produced & shipped to Canada.
  • Ships had to burn diesel fuel for the voyage.
  • Petroleum (oil) had to be pumped from the ground.
  • The oil had to be processed at a refinery to make diesel.
  • Water had to be purified & mixed with flavourings & sugar.
  • Aluminium or steel had to be produced and rolled into a long, flat strip.
  • The can had to be fabricated from the metal, painted & filled with cola.
  • The cola was packaged & transported to the store where you purchased it.
  • The product was advertised in magazines & newspapers & on the radio, TV, etc... for you to be aware of it.
  • You / your parents need a job to have $ to make a purchase.
  • A withdrawal of $ from a bank is needed. The government will tax your purchase.
  • You had to decide if the purchase of the cola was in your best interest.

 

ENJOY YOUR DRINK!