
Cost of Living special
ABC KIDS News Time
00:00
The Importance of Inflation
Economy is the way goods like toys and services are made and exchanged, usually through buying and selling them with money. Inflation happens for a few reasons including when there aren't enough to go around because so many people want one of those things. There's also another reason and that's the unpredictable things like natural disasters. Ruby: We sell chaos, we sell our animals to get money from them. The government makes the money, then people work to get the money but then they have to spend the money. Money makes me happy because that means I can get food and water.
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