45

Lesson 45 of 84 ยท Economics

Every Choice Is a Trade-Off

People around the world use different kinds of money. Dollars, euros, yen, and pesos are all types of money used in different countries.

Key Facts

1

Saving means keeping money for later.

2

Producers make things; consumers buy them.

3

Every choice means giving up something else.

Check Your Understanding

Question 1

1 of 2

Who is a consumer?

Every Choice Is a Trade-Off โ€” Economics | 2nd Grade Social Studies | LittleActivity | LittleActivity