Scarcity and Economic Choices

You can't buy everything you want because economics is literally built on one brutal truth: unlimited

wants meet limited resources. That's called scarcity, and it forces you to choose.

Every time you pick something, you're giving up something else. Those missed opportunities

are your opportunity costs. Think about it: when you spend Saturday on the couch instead

of working, you're not just relaxing, you're literally paying the price

of lost wages. Ancient people used to trade bread for meat directly, but as jobs got

specialized, we needed money to make trading easier. Now every product

travels through a chain of businesses, each adding value until it reaches you.