Economics for Young Minds - Vol II

Economics for  Young Minds - Vol II
Economics for  Young Minds - Vol II
Economics for  Young Minds - Vol II
Economics for  Young Minds - Vol II
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Young children learn early that they cannot have everything they want. Unfortunately, they do not always understand why this is the case or why each choice comes with a cost. When asked about the confusion for making choices, they respond that it is the fault of someone else, that this individual is just stopping them from getting their desired choice or that when they become adults, choices will no longer be a problem. There never seems to be enough money or time to have or to do everything one wants.

This Book tries to teach children how people decide to use scarce resources to satisfy their wants. There are never enough resources to produce everything society wants. Therefore, choices should depend upon what to produce, how to produce, and for whom to produce. After reading this book, it is highly expected that children will develop an ability to make choices and understand the consequences of those choices on themselves and others.

Table of Content
1. Scarce as a Hen’s Teeth
2. The Second Best Alternative
3. Mr. Iyer’s Case
4. Monster and The Magical Hen
5. The Dreaded Epidemic
6. The Big Fat Chang
7. Ayo and Azi
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Economics for  Young Minds - Vol II
Economics for  Young Minds - Vol II
Economics for  Young Minds - Vol II
Economics for  Young Minds - Vol II