14
Lesson 14 of 84 · Economics
Fair Trade
A lemonade stand is a simple business. You buy lemons and sugar, make lemonade, and sell it. What you earn after paying for supplies is profit!
Key Facts
1
Every choice means giving up something else.
2
Needs are different from wants.
3
Money helps people buy things.
Check Your Understanding
Question 1
1 of 2What is bartering?