Lesson 19 of 84 ยท Economics
โญ 30 XPโ Market PortThe Lemonade Stand
Running a lemonade stand is a fun way to learn about business.
๐ฏ Your mission
Spot the cost behind the price.
โก The twist
Cheap for you usually means expensive for someone else.
Mind = Blown
๐คฏ Money used to be made of cocoa beans, salt, and even giant stones.
Then & Now
๐ฑ This is happening in your local store every single day.
Running a lemonade stand is a fun way to learn about business! You buy lemons and sugar to make lemonade. Then, you sell it to friends and family for a price. If you sell more than you spend, you can make money!
Key Facts
A lemonade stand teaches us about business.
You need to buy supplies to make lemonade.
Selling lemonade can help you earn money.
Check Your Understanding
Question 1
1 of 2What do you need to buy to make lemonade?
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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