So I told my son I will read you a story and grabbed a basic economics book and started to read the first line. It goes like this:
“Economics is the study of how individuals, institutions, and society choose to deal with the condition of scarcity.”
Son: what is scarcity?
Me: things that are not a lot of, like money
Son: ohh and toys are also scarcity dad.
So Cool
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Very Amazing
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Great post
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he he he....
Really interesting.
Dear @abajnath thanks for sharing such an interesting post..
I am started my journey today...
so help me & please share some information about @steemit
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this is cool
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Interesting post dear @abajnath
your child is talent..
god bless him.
I have started my journey today..
So, I don't know every thing..
@upvoted
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talent full
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Hmmm yeah, what a practical explanation of economics. It’s just the decision made on needs and wants
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That's right my friend. That we live must be based on need rather than on an inexhaustible desire.
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yeap,,so fentastic practical explanation by @abajnath about economy to his son
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really very excellent explantation of you @abajnath.because you telling this lesson very perfectly of your son.its very needs for every child. very good.. my dear friend @abajnath
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Most welcome
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ahah your son is smart ;)
but money are not scarcity :P This is something individual
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Great comment
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that is why boss @abajnath gave him this example
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cool dear @abajnath ...
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amazing
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father and son conversation is very interesting.
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kids nowadays are talented
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ohh and toys are also scarcity dad
Your son is really genius, even I cant ask such a question to my Dad at this age if he is teaching me economics.
He has got brains. Wish you luck for studying him economics.
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I didn't knew anything at the age of 5
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Hahaha, same is the case here
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i was dim until age 7 I guess
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Your son is curious, and curiosity leads to intelligence. Bet he will grow to be an intelligent lad
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Already seems like an intelligent one
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Yeah, really brilliant boy🎓🎓🎓
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having knowledge about economics in such early age is extraordinary...
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Agreed. He's a brilliant boy with a great future
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unique ability
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Your son is very curious. That’s what we adults love about our children.
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obviously,people who are more curious
are best learners
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Lol your son is quick learner.
I was just like that when I was a child. I had to know everything.
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lol ,and i was just opposite
i had to know nothing
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amazing ability
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that kid has got bright future unlike me.. lol 😂😂
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Oh he's damn right about that😄
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Lol..
Bright kid
Played that perfectly
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genius kid
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Bright kid
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yeaps,,so fentastic lesson practicing son by dad,,,really so great way to make a communative in any topic between son and dad,,,its so fentastic to read your boy the first topic that of what is economy ,,,what is the scarsity ,,,
thanks for sharing dear @abajnath sir ,,,,i dint your son can be a stable economist in future
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hmm ,,,its so great to read economy @abajnath son ,,,,i agreed
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interesting..!
he knew economics better than you!😃😃
god bless him dear @abajnath
Really he is a talented one.
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a very good post @abajnath, I think, your child is very curious about what you mean, so he wants to know more clearly about what is scarcity. If you often tell your child about economics, it's very good, because when he grows up he will be able to do better about the economy, and he can succeed as an entrepreneur. Thanks for sharing... :)
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Congratulations so great
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there will be a time when we have to deal with the shortage of bitcoin
since supply of bitcoin is limited
its price can take a huge leap in future
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Already seems like an intelligent one
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That is so correct fam. Smart kid
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kids nowadys are too smart
and @abajnath has also got one smart kid
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kids nowadays learn at such early ages
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I was just like that when I was a child. I had to know everything
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Did you know everything ?
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that's interesting one dear @abajnath
your son cought it..
wishing his bright future..
god bless him..
@upvote has done
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nice explain, he going to be so genius.
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everybody is saying the same
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yeah,really very best curiousty of your son.he is very talented..only 5 years old he is want to know of economice subject.so,obviously he is very powerfull boy and he being very big person in the world.i wish that..very well done..my dear friend. @abajnath
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really a great thingking about economics..
like it..👌👌👌👌
waiting a bright future for him..
go ahead dear @abajnath
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genius kid
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amazing..
one day he will lead the economic market..
wishing his bright future..
pary for his sound health dear @abajnath
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kids nowadys are too smart
and @abajnath has also got one smart kid
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hmmm your son is quick learner and also intelligent.
stay blessed and have a fun
thanks for sharing
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my younger brother is such like him, he always question me what is it, why, how.....
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Great experience with your son.. @abajnath
Your son ask you creative question... " what is scarcity.. ?"
His example about scarcity is so interesting but effective answer.. ha ha ha ha.. Lol..
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Wonderful economics explanation. I appreciate the valuable conversation between you and your lovely son.
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☺☺👍👍brilliant boy 💓💓💓
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Very Intresting Post sir really Like Your Post ...I am your big fan
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i think he is more curious to know something.
great explanation
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exactly
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he tries to answer what he realize about economics,
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reading book its very good,by the way your all post super
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I love your post Upvote & Resteem Done
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you should also say something about the post
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excellent thinking..
I like it..👌👌👌👌dear @abajnath
I wish his bright future..
go ahead....
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we all like it
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wow!
excellent example from playful boy..
pray for his good health...
like it dear @abajnath
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teaching modern kids is never easy
they will ask unlimited question in no time
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That makes them better
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obviously!
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kids nowadays are talented
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It turns out that advancing equal opportunity and economic empowerment is both morally right and good economics, because discrimination, poverty and ignorance restrict growth, while investments in education, infrastructure and scientific and technological research increase it, creating more good jobs and new wealth for all of us.
Btw thanks for the post @abajnath
Waitting for your next post .
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Very Intresting Post sir really Like Your Post ...I am your big fan
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your son is so fentastic to know about economy ,,,i seem your son learn it will properly ,,,and in future be a usefull economist,,dear @abajnath sir
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thus so good to listen your son about economy starting...thus happy starting of economy of your son,,,really defination is so appropriate
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the son like a genius one..
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The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.
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He's gonna be a wise economist, I have lived in ten cities, seen 15 wars and don't still know a dime about economics.
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Such an innocent one but answered perfectly when he will grow up he will be successful he is an intelligent child
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I believe that to teach them effectively you must touch their hearts long before you begin to teach their minds
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you should also say something about the post
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Hahahaha. Money sure is a scarcity
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true
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that is why boss @abajnath gave him this example
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Its the branch of knowledge concerned with the production, consumption, and transfer of wealth.
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It's fun to enjoy. You write with an incredible ability. Thanks for the great learning @abajnath!
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Wow! What a wonderful way to educate.
Thanks @abajnath 😎
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and then you have to accept that toys are also scarcity!
if not you know the consequences
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great boy and future.p
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I'm resteemit your post dear
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like father like son ,, your son as much as talent as you.... really like thar 5 years cute boy...
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your child is very wise, he just said toy objects are rare. fortunately, he did not say my dad's money is rare ... lol
Thank you @abajnath for sharing good story and funny
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reading is the way to open the door of science, so that we can navigate the vastness of the ocean of life. a funny and unique story. I really like...
Thank you @abajnath for share
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economy is a basice need, everybody must know about economy.... the boy is a clever one..
thanks for such post dear...
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funny story and deep meaning. reading is very good, because by reading we have been exploring the universe without us knowing it.
very nice post and funny, I like. Thank you @abajnath for sharing in steemit
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kings & kings son story! great. wish you very best of luck & your son.
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lovely conversation with your son! loved it😍
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brillient son..
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Your son is very intelligent @abajnath sir. Thanks god giving you a very intelligent boy.
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so lovely @abajnath sir
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awww so sweet of your lovely baby! he like toys so much like my childhood also!
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how cute coolest answer
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i am impressed, how reply he that!!!
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conversion replys that you got him as a talented guy. go ahead. wish best of luck for your child.
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good curious question & great explanation.
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son as like as father.
he is going to be more genious.
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Interesting post my friend,,dear @abajnath
your child is talent..
god bless him.
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Talented son of talents master👍 best of luck to your son.
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Thanks for sharing, you just made me remember the importance of communication with my son - Thanks
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@abajnath sir what's your son name?
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Really its amazing,, its so pretty conversation....
This is my first comment ... I am not so expert in steemit
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@abajnath sir your son are multi talented like you. He was asking you a good question. same question me too! just kidding sir!
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very excellent explantation of you @abajnath.you telling this lesson very perfectly of your son.its very needs for every child.my dear friend @abajnath
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I am a student of economics, you know that @abajnath sir! its very hard subjet. i'm still afraid economics read but you give your 5 year old little son!!! amazing sir. fully genious.
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Wow!!!!!! what a explanation of economics. It’s just the decision made on needs and wants,, he is right
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I think ,,Your son is curious , talent intelligent , and curiosity leads to intelligence. Bet he will grow to be an intelligent smart boy soon
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Aw, how cute answer, he seem like intelligent guy :-)
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really very interesting dear @abajnath..your son are also so cool...wonderfull...
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Your kids is awesome.... he is talent and intelligent
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मुझे अपनी पोस्ट को रिहाइम करने दें ... मैंने आपका अनुसरण करना शुरू कर दिया है ...
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www post is very good restem permit friend
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👏👍👍
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wow what a innocent answer
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Nice conversation between father and son
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so cool
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haha, it was amazing . really its lovely. your son is very intelligent. he will go ahead and success will come for him. what a lovely son you have...
thanks for share.
its a long time since you had not post. waiting for your next post brother
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I enjoyed the conversation between father and son
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