economy supplyand demand

Is not just moneyIt’s about money.

Buying and Selling

Did you know …

Barter – the oldest form of buying and selling

VALUABLE

Precious metals came To be thought of as

the process of stamping pieces of metal

so be used as money

MINTING:

U.S. Mint Facilities

We earn

And Spend

This is the basis of our

economy.

Economy

It is …

IT IS …

Businesses

- And how they work

It is …

IT IS …

Allowances

AND DECISIONS

What else?

Supply

and DEMAND

Supply

Demand

Separate things Discussed together

Supply:

How much is available?

Demand:

How much people want

How are they related?

PRICE!

Pri

ce

Dem

an

d

Why?

You want it? I’ve got it!

Price

Dem

an

d

Why?

Where else can this happen?

When demand is

greater than supply …

Dem

an

d

Sup

ply

December 25

When demand decreases …

$ 499.00$ 299.00

$ 199.00

What does this mean?

Generally …

If Buyers demand more,

price increases

If Buyers Demand less,

price decreases.

If sellers supply more,

price decreases

If Sellers supply less,

price increases

What does it all mean?

Very

STRONG market concepts

When we examine the two …

We find out more

about what people like to

BUY and

SELL

This s …

Business Owners

Sellers

and Consumers

You

We earn

And Spend

This is just a SMALL part

of our

Economy