Examples
- A small town with only one store might not get new ideas very often, but a big city with lots of shops and schools can become full of inventions.
- Some kids at school think up cool games to play, the ones who share their ideas and get others to join them are more likely to start something new.
- When a place has money for people to try out their ideas, like starting a business or making a new app, that helps innovation happen.
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See also
- Why Do We Have Different Kinds of Taxes?
- Why Do Prices Change So Much?
- Why Do We Use Money Instead of Bartering?
- Why Do Prices Go Up So Much When There's a Shortage?
- Why Do We Have Different Kinds of Coins?
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Categories: Economics · innovation,economics,geography