How Factories Make Products

Mission Brief #77

🎯 Your mission

Trade-offs everywhere — find them.

⚡ The twist

Cheap for you usually means expensive for someone else.

Read

Factories use machines and workers to produce large quantities of goods. The factory system made products cheaper and more widely available during the Industrial Revolution.

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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🌍 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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How Factories Make Products

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