Hey! Bella here. Want to know what I know about economics? Well since you asked, I think of……. MONEY! To me, it’s like a cycle. People get jobs, make money, spend money, then more people make money. When people stop buying things then the economy struggles, people lose jobs and stop making money. Then everybody struggles. The definition of economics is: the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind. There are different kinds of economies like state, federal government, worldwide etc. That’s what I know about economics. What do you know? Bye!
I agree! The economy is money to say the least. It can help us in a lot of ways. It can also cause bad things to happen. Knowing the amount of money you have is good as well. What I know about economics is that it is hard to control and can be very hard to understand as well. So, how do you think the economy can change?
ReplyDeleteNice i like how you used a lot of facts, and how you used all of those links. i see that you got a lot of info from web sites that is smart. i think you hit economics on the target. do you think there's any more examples other than gas and jobs and stuff like that?
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