Exploring How We Make Stuff and Trade Things

Have you ever wondered how we make and share the things we need? Economics helps us understand that. We’ll start by talking about the things we use to make stuff (like land, workers, money, and good ideas). Then, we’ll look at how we decide what to make using the “production possibilities frontier.” And, we’ll see how some people and places are super good at making specific things in an easy way – this is called “comparative advantage.