Wednesday, October 7, 2015
When I think of economics I think of money. Economics is the social science that seeks to describe the factors which determine the production, distribution and consumption of goods and services. That is the definition of economics. When you sell something for money you gain and lose something. When I went to Italy 1 year ago for spring break, there were different money currencies and sometimes I couldn't buy something because it only accepted euro. Most companies there accepted american dollars but some didn’t. Also different stores sell the same things for different prices. I wanted to buy a pair of Kevin Durant eights. On nike.com They where 135 dollars and 5 dollars shipping, but at footlocker they where 125 dollars, and free shipping. I am getting them off of foot locker because of the better economics deal. I think economics is cool and I’m excited to learn more.
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very intresting charles. I like how you mention kevin durant 8's. And the prices for everything are high somewhere and low another. You and I would know that because we go to shoe stores often haha. Plus econmics can be intresting to see how people do what they do and raise the prices.
ReplyDeletehello, I think that story was cool because i didn't n know that in Italy some places excepted american dollars and the part about the KD 8's. It was very cool that you can go to nike.com in Italy.And I was also wondering if the amount of money was Italy $135 or US $135.
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