M is for Money: An Economics Alphabet

M is for Money: An Economics Alphabet — page 3 — B is for Build Being a successful farmer means a family need They can settle in one and build a permanent

M is for Money: An Economics Alphabet — page 4 — When the early people no longer lived as nomads they found it necessary to find more permanent shelters Using natural resources like clay earth stone and wood they built lodgings In addition to homes they also built markets and temples The more structures that were built in one place the more people wanted to stay and live in that place These permanent settlements helped early economies to grow as people traded for the food goods and services they needed to survive farmer need not roam one spot home permanent

M is for Money: An Economics Alphabet — page 5 — As the number of permanent buildings grew in one location a civilization formed Civilizations are groups of people known for their unique culture or lifestyle One of the earliest examples of this was Mesopotamia called the cradle of civilization Mesopotamia developed more than six thousand years ago When the people in a civilization could count on food from farms and markets they had extra time that allowed them to pursue other activities like art music and sports It was these things that made a civilization unique Civilizations helped to develop the idea of division of labor More people living in one area let individuals focus on specialized jobs such as carpentry bricklaying or shopkeeping

M is for Money: An Economics Alphabet — page 6

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