63
Lesson 63 of 84 · Economics
How Money Works
Money makes it easier to buy things. Long ago, people traded items directly — like trading a chicken for bread. This was called bartering.
Key Facts
1
Money helps people buy things.
2
Saving means keeping money for later.
3
Producers make things; consumers buy them.
Check Your Understanding
Question 1
1 of 2What is saving?