Economics has become increasingly relevant in our globalized society. When we think economy, we think about everything from our personal finances to business and international trade deals. Economics deals with a lot of things including money and borrowing, production and consumption, trade, employment, and much more.
To help us make sense of complex ideas (like economics), we have internet memes and infographics – often shown through simple or humorous images. Now we have a new way of explaining things. You have two cows is a common political satire involving the different scenarios of 2 cows and how they work within various economic systems. It’s also frequently used as a joke in entry-level economics courses; the professor uses the 2 cows as metaphors for currency, capital, property, and their relationships.
Created by Newstalk ZB, these laugh out loud visual statements will breakdown the meaning of various economy terminologies and systems with just 2 cows. These graphics continue to go viral on Facebook. Check them out below.
You have 2 cows…