Lesson 54 of 84 ยท Economics
โญ 30 XPโ Market PortThe Stock Market in Simple Terms
The stock market is where people buy and sell shares of companies.
๐ฏ Your mission
Trade-offs everywhere โ find them.
โก The twist
Cheap for you usually means expensive for someone else.
Mind = Blown
๐คฏ The first ATM was installed in 1967 โ and used radioactive ink.
Then & Now
๐ฑ Every receipt you've ever seen has this idea inside it.
The stock market is where people buy and sell shares of companies. Good company performance tends to raise stock prices; poor performance tends to lower them.
Key Facts
Money is a medium of exchange.
Needs are different from wants.
Supply and demand affect prices.
Check Your Understanding
Question 1
1 of 2What is trade?
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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