Multcolib Homework Center Picks: Prizes, money and other hard to find economic things
Annotation:The stock market is central to the global economy. Tens of millions of people look to it to provide for a comfortable retirement. Central bankers watch it closely as they set monetary policy. Here we journey though it's past and examine what it is and isn't.
Annotation:Did you ever walk into a supermarket and wonder how the thousands of products you see on the shelves got there? The answer to this and other questions lie in understanding how the American free market economy works.
Annotation:12-year-old Tom wonders how he is going to get enough money to buy a new inner tube for his bike. Grandma comes to the rescue when she gives him her late husband's riding lawn mower and he starts mowing a few yards in the neighborhood. When his neighbor starts investing his earnings, things really get interesting.
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The economy seems like such a large and impersonal thing. But it effects so many of the decisions we make everyday from what work we do to what pair of shoes we buy. Just what are stocks and markets and what do they do?