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Lesson 64 of 84 · Economics

30 XP Market Port

The Lemonade Stand: A Mini Economy

🌍Mission Brief #64

A lemonade stand teaches basic economics: buy supplies, set a price, sell enough to make a profit.

🎯 Your mission

Follow the money. Then follow the choices.

⚡ The twist

Money is just a story everyone agrees to believe.

🤯

Mind = Blown

🤯 Money used to be made of cocoa beans, salt, and even giant stones.

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Then & Now

💱 This is happening in your local store every single day.

A lemonade stand teaches basic economics: buy supplies, set a price, sell enough to make a profit. Revenue minus costs equals profit.

Key Facts

1

Money is a medium of exchange.

2

Needs are different from wants.

3

Supply and demand affect prices.

Check Your Understanding

Question 1

1 of 2

What is trade?

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Why this still matters

The next time you spend $1, ask: who else benefited besides you?

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Stretch Challenge

Try this in real life this week.

Find two products that look similar but cost very different. Why?

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For the dinner table

If you had $20 to start a business, what would you sell?

🎯

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The Lemonade Stand: A Mini Economy

Follow the money. Then follow the choices.

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The Lemonade Stand: A Mini Economy — Economics | 4th Grade Social Studies | LittleActivity