Comprehensive study of GED social studies covering fundamental concepts and advanced applications.
Economics is the study of how people use resources to meet their needs and wants. Resources are limited, which means we have to make choices about how to use them.
Understanding economics helps you make smarter decisions about spending, saving, and voting on policies that affect the economy.
When a new video game console is released and everyone wants it, the price goes up due to high demand.
In a command economy, the government might decide how many cars are made each year.
Introduces basic economic principles and systems.