Lesson 31 of 84 · Economics
⭐ 30 XP⚓ Market PortAssembly Lines and Mass Production
Henry Ford's assembly line divided production into small repeated tasks, dramatically reducing car costs and making automobiles affordable for ordinary families.
🎯 Your mission
Follow the money. Then follow the choices.
⚡ The twist
Trade isn't just stuff — it's ideas, words, and germs.
Mind = Blown
🤯 The first ATM was installed in 1967 — and used radioactive ink.
Then & Now
💱 This is happening in your local store every single day.
Henry Ford's assembly line divided production into small repeated tasks, dramatically reducing car costs and making automobiles affordable for ordinary families.
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.
Find two products that look similar but cost very different. Why?
For the dinner table
“If you had $20 to start a business, what would you sell?”
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