Economics s how people chose to use resources and the ways in which governments, businesses,societies,and individuals distribute and consume human capital,physical capital,and natural resources.
Growing up my Great-Grandfather was poor and lived on a farm. He didn't have electricity nothing but the radio. When he was in his 20's he went to the army. He was in the Korean War.
Growing up my Great-Grandmother was a middle class young lady. She had things other kids wished for. Having the "coolest" mom on the block growing up she had a nice life as a little lady.
This effects me because together these social classes combine into a family of middle class family. The hard working (being my Great-Grandfather's side) and the "rich" side(being my Great-Grandmother's side) clashed into a mixture between the rich and the poor. Growing up I still get that spoiled treatment but I also work for what I want.
Growing up my Great-Grandfather was poor and lived on a farm. He didn't have electricity nothing but the radio. When he was in his 20's he went to the army. He was in the Korean War.
Growing up my Great-Grandmother was a middle class young lady. She had things other kids wished for. Having the "coolest" mom on the block growing up she had a nice life as a little lady.
This effects me because together these social classes combine into a family of middle class family. The hard working (being my Great-Grandfather's side) and the "rich" side(being my Great-Grandmother's side) clashed into a mixture between the rich and the poor. Growing up I still get that spoiled treatment but I also work for what I want.