Economics
Economics
is not just money. It's businesses and how they work. It's
lemonade stands and how many dollars they take in. It's toy
collecting and baseball card collections. It's taxes and
allowances. It's stocks and bonds. Economics is part of
almost everything you could ever think about. Find about how
by visiting the links on this page.
(For a description of these fun, illustrated,
easy-to-read articles, click here.)
Making
a Budget
One
thing that every good
money manager does is make a budget. Find out why and
how.
Why
All the Graphics in
Economics?
Economics needs so many graphs because it tracks trends and
other numerical information that other subjects in the
social studies don't, at least not nearly as often. Take the
mystery and difficulty out of charts, tables, and graphs!
The
Importance of Trade
Trade is vital to the success of a civilization. Why? The
civilization that can produce just enough of everything it
and its people need to survive is rare indeed. Can you think
of an example, today or in the long history of people? Keep
thinking ...
How
the Internet Has Changed
Economics
As the world population gets larger and technology keeps
advancing, more people are able to do more things that they
couldn't do before. The Internet is an excellent example of
this. You can buy and sell just about anything over the
Internet.
How
Money Has Changed
Money used to be coins only. Before that, it was gold or
silver or even pots and pans. Money started out (and
continues to be) whatever people will accept as payment for
something.
Summer Fun: the Economics of the Lemonade Stand
When it's really hot outside, you often want to stay cool. You might also want some extra spending money. What do you do? One option is to set up a lemonade stand.
Graphics
courtesy of ArtToday
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