Lesson 40 of 84 ยท Economics
โญ 30 XPโ Market PortHow Factories Make Things
Factories make many things we use every day.
๐ฏ Your mission
Spot the cost behind the price.
โก The twist
Trade isn't just stuff โ it's ideas, words, and germs.
Mind = Blown
๐คฏ The first stock exchange was in Amsterdam in 1602 โ for spices.
Then & Now
๐ฑ This is happening in your local store every single day.
Factories make many things we use every day. They take raw materials, like metal and wood, and turn them into products. For example, a factory can make toys or clothes. Factories help create jobs and support our economy.
Key Facts
Factories turn raw materials into products.
They make toys, clothes, and more.
Factories create jobs for many people.
Check Your Understanding
Question 1
1 of 2What do factories make?
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
โIf you had $20 to start a business, what would you sell?โ
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