Describes how people pay for the things they buy by writing a check, paying with a debit card, paying with a credit card, and paying with cash withdrawn from an ATM.
Provides a small business scenario using a lemonade stand. Topics discussed include capital, gross profit, net profit, marketing, supply and demand, monopoly, and competition.
Provides an introduction to taxes, and discusses some of the products and services that citizens may receive including schools, roads, and national defense.
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