Lesson 6 of 84 ยท Economics
โญ 30 XPโ Market PortWhat Is a Budget?
Saving means setting money aside for the future.
๐ฏ Your mission
Follow the money. Then follow the choices.
โก The twist
Trade isn't just stuff โ it's ideas, words, and germs.
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.
Saving means setting money aside for the future. Banks keep savings safe and pay interest. Saving helps people prepare for emergencies and big purchases.
Key Facts
Needs are different from wants.
Supply and demand affect prices.
Trade connects people globally.
Check Your Understanding
Question 1
1 of 2What is the difference between needs and wants?
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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