How Im Apart Of My Economy

Economic is the branch of knowledge concerned with the production, consumption, and transfer of wealth. ( Google ) I had a summer job this summer, I made $7.25 an hour and worked 120 hours which is how I’m apart of my city’s economy. I like to sometimes go to my local corner store and my local market, ShopRite, and buy beverages with the tax added. The principles of supply and demand play out every day for people making purchasing decisions on goods and services as well as in the keeping or finding employment ( Cynthia Clark ). My mom is the lady of the household so, she makes those types of decisions on a daily which can affect me.