Real-world events can really mess up how much stuff people want to buy and how much is available. Here are some examples:
Natural Disasters: When a hurricane strikes, it can ruin crops. This means there’s less food to sell, making prices go up.
Pandemics: During COVID-19, lots of people wanted hand sanitizers. But, there were problems with getting supplies, which led to not enough hand sanitizer in stores.
Political Instability: When there’s trouble in a country, it can stop factories from working. This leads to less being made and prices going up.
Economic Changes: If the economy suddenly gets bad, people spend less money. This means that the demand for many things drops.
To sum it up, unexpected events can change how much people want to buy and how much is available!
Real-world events can really mess up how much stuff people want to buy and how much is available. Here are some examples:
Natural Disasters: When a hurricane strikes, it can ruin crops. This means there’s less food to sell, making prices go up.
Pandemics: During COVID-19, lots of people wanted hand sanitizers. But, there were problems with getting supplies, which led to not enough hand sanitizer in stores.
Political Instability: When there’s trouble in a country, it can stop factories from working. This leads to less being made and prices going up.
Economic Changes: If the economy suddenly gets bad, people spend less money. This means that the demand for many things drops.
To sum it up, unexpected events can change how much people want to buy and how much is available!