“Economics: Supply and Demand” is a Social Studies lesson that focuses on understanding the law of supply and demand and its effect on prices in a market economy. The original informational text provides an overview of the definitions of supply and demand, as well as several real-world examples of how this principle plays out in the economy.
The concept of supply and demand is often called the heart and soul of economics. It is the foundation for much of what is studied in the field. Understanding how supply and demand affect the economy helps us recognize economics everywhere in our daily lives.
We need to end the free ride that industrial polluters have been given in the name of a free-market economy. They don't deserve our tax dollars, they deserve our scrutiny. For the economy itself will die if our ecosystems collapse.
**** Very comprehensive. But wait, there's more! NAZISM: You have two cows. The State takes both and shoots you. SURREALISM: You have two giraffes. The government requires you to take harmonica lessons. A JAPANESE CORPORATION: You have two cows. You redesign them so they are one-tenth the size of an ordinary cow and produce twenty times the milk. You then create a clever cow cartoon image called a Cowkimona and market it worldwide. (Cont. below)