Supply and Demand

Mission Brief #67

🎯 Your mission

Trade-offs everywhere — find them.

⚡ The twist

Money is just a story everyone agrees to believe.

Read

Goods are physical products like bicycles and sandwiches. Services are actions done for others: haircuts, medical care, teaching. Both have value in the economy.

Key facts

Remember these

1Every choice has an opportunity cost.
2Money is a medium of exchange.
3Needs are different from wants.

Then & Now

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

Question 1 of 2

What happens when demand is high and supply is low?

How sure?😐 maybe

Question 2 of 2

What are goods?

How sure?😐 maybe

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You got 0 of 2 right.

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✨ More to explore

🌍 Why this still matters: The next time you spend $1, ask: who else benefited besides you?

🏆 Try this week: Find two products that look similar but cost very different. Why?

👨‍👩‍👧 At dinner: “If you had $20 to start a business, what would you sell?”

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