Lesson 60 of 84 ยท Economics
โญ 30 XPโ Market PortOur Community's Economy
Our community's economy is made up of all the businesses and workers that help us.
๐ฏ Your mission
Trade-offs everywhere โ find them.
โก The twist
Money is just a story everyone agrees to believe.
Mind = Blown
๐คฏ The first stock exchange was in Amsterdam in 1602 โ for spices.
Then & Now
๐ฑ This is happening in your local store every single day.
Our community's economy is made up of all the businesses and workers that help us. When people work and earn money, they can buy things from local stores. This helps the economy grow and makes our community a better place to live.
Key Facts
The economy includes businesses and workers.
Money earned helps buy local products.
A strong economy makes our community better.
Check Your Understanding
Question 1
1 of 2What is part of our community's economy?
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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