Draw Conclusions Think about something you purchased recently. Assume you may
ething you purchased recently. Assume you had to work for the
money you paid for the item. Would it have taken you more work to get the money or to n
yourself? How does this show the importance of markets?

Answer: I bought a shirt for $40, I make $10 per hour at my job, so it would have taken me 4 hours to earn that much. In order to make a shirt like that, I'd have to find the fabric and buttons to design the pattern and sew it together. Probably 4 hours, if I know what I want.

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Draw Conclusions Think about something you purchased recently. Assume you may ething you purchased recently. Assume you had to work for the money you paid for the item. Would it have taken you more work to get the money or to n yourself? How does this show the importance of markets?

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Draw Conclusions Think about something you purchased recently. Assume you may
ething you purchased recently. Assume you had to work for the
money you paid for the item. Would it have taken you more work to get the money or to n
yourself? How does this show the importance of markets?