69

Lesson 69 of 84 ยท Economics

Jobs in Our Community

When lots of people want something but there is not much of it, the price goes up. This is called supply and demand.

Key Facts

1

Every choice means giving up something else.

2

Needs are different from wants.

3

Money helps people buy things.

Check Your Understanding

Question 1

1 of 2

What is bartering?

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