Publisher's Synopsis
Technology and Economic Growth is a captivating and educational story that introduces children to the incredible role of technology in shaping the modern economy. Through the adventures of a group of young apprentices in a village facing challenges, readers discover how innovation, teamwork, and responsibility can solve problems and build a brighter, more prosperous future.
In this beautifully illustrated book, children learn to connect everyday experiences with important economic concepts. Using a storytelling approach, the book simplifies ideas that are often taught at higher academic levels, making them accessible and engaging for young minds.
Key Concepts Explored in the Story:
- Solow Growth Model - Kids are introduced to the idea that long-term economic growth comes not only from adding more resources but from technological progress and innovation.
- Capital and Labor - Through the apprentices' work, children see how tools (capital) and people (labor) work together to create value and improve productivity.
- Innovation and Progress - The story highlights how new inventions can bring meaningful change, but also requires thoughtful use and responsibility.
- Convergence and Steady State - Young readers learn how countries or communities that start with less can grow faster by adopting technology, and how growth can slow when resources are limited or used inefficiently.
Part of the Economics for Kids series, this book helps children develop critical thinking, curiosity, and a deeper understanding of how technology shapes the world we live in. It's a perfect resource for parents, educators, and anyone looking to inspire young learners with big ideas about the future.
Whether read at home or in the classroom, Technology and Economic Growth encourages kids to imagine, question, and explore the power of human creativity and collaboration.
