Lesson 47 of 84 ยท Economics
โญ 30 XPโ Market PortAdvertising and Choices
Advertising is when companies tell us about their products.
๐ฏ Your mission
Trade-offs everywhere โ find them.
โก The twist
Cheap for you usually means expensive for someone else.
Mind = Blown
๐คฏ The first ATM was installed in 1967 โ and used radioactive ink.
Then & Now
๐ฑ This is happening in your local store every single day.
Advertising is when companies tell us about their products. They use fun pictures and stories to catch our attention. Advertisements help us learn about new toys, but we should think before buying.
Key Facts
Advertising tells us about products.
Companies use pictures and stories.
We should think before we buy.
Check Your Understanding
Question 1
1 of 2What do advertisements do?
Why this still matters
The next time you spend $1, ask: who else benefited besides you?
Stretch Challenge
Try this in real life this week.
Find two products that look similar but cost very different. Why?
For the dinner table
โIf you had $20 to start a business, what would you sell?โ
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