63
Lesson 63 of 84 ยท Trade and Commerce
NAFTA and Modern Trade Deals
Henry Ford's assembly line divided production into small repeated tasks, dramatically reducing car costs and making automobiles affordable for ordinary families.
Key Facts
1
Supply and demand affect prices.
2
Trade connects people globally.
3
Every choice has an opportunity cost.
Check Your Understanding
Question 1
1 of 2What are goods?
