Economix & Chapter 2

• What are the assumptions or agreements of the text? It kind of bothered me how in the article people who did find work had it tough, and people who didn’t find work had it tough, too.
• What would you argue with the text? The way they might have made fun of the topic by the way the text was set, like for example when it said Wool has always been cleaned with urine and bleached with sour milk but now the factories demanded mountains of wool. We need wool and it’s sad to see the author interpret this topic in a comedian way when someone reads it can be hard to take seriously.

This was sharing how economic can be set in many ways it all depends because capitalism is a complicated topic to discuss and understand.

We also were able to distinguish wants and needs:
for example, some wants are like luxuries, celebrations, junk food, etc.
some examples of needs- water, shelter, food, sleep, family

Supply & demand: 
We were able to participate and work in groups to have our own assembly line where each group member will do a part that helps to make the most cars that needed to come out productive to sell for our company. In the end, we observed that it was not an easy task as it might seem and bring that to real-world experience connections.