This week in microsociety we have been doing allot of fun things.

First we learnt that that inflation is when people

change the value of money.For example if a shop keeper

had made a higher price then the people who are paying

would have to pay more.Then they would earn more

eventually there is a chain reaction.It would also mean what

you pay 💰 now has less value and then that might mean you

will get poor.

The Wall Street crash was when the shop keepers had got higher prices and then people payed more.Eventually lots of people lost jobs and homes.