Lesson 10 of 84 ยท Economics
โญ 30 XPโ Market PortImports and Exports
Imports are goods brought into a country; exports go out.
๐ฏ Your mission
Follow the money. Then follow the choices.
โก The twist
Money is just a story everyone agrees to believe.
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.
Imports are goods brought into a country; exports go out. The U.S. imports electronics from Asia and exports agricultural products worldwide.
Key Facts
Trade connects people globally.
Every choice has an opportunity cost.
Money is a medium of exchange.
Check Your Understanding
Question 1
1 of 2What is an opportunity cost?
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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