Lesson 70 of 84 ยท Economics
โญ 30 XPโ Market PortHow Factories Make Things
Factories are places where many things are made.
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 Every receipt you've ever seen has this idea inside it.
Factories are places where many things are made. In a factory, workers use machines to create products like toys, clothes, and cars. Factories help make lots of items quickly and can provide many jobs for people in the community.
Key Facts
Factories make products using machines.
Many workers can work in one factory.
Factories help produce items quickly.
Check Your Understanding
Question 1
1 of 2What do factories help make?
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.
Track every dollar you spend or get this week. Then figure out the pattern.
For the dinner table
โIf you had $20 to start a business, what would you sell?โ
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