Economics of coffee

Okay kiddo, so let’s talk about coffee and money.

You know how you have to pay for things you want to buy, right? Well, coffee is something that a lot of people like to buy.

Now, there are a few things that make coffee special when it comes to money.

First, coffee is grown in different parts of the world - some places where people make less money than others. And sometimes, things like bad weather or disease can hurt the coffee plants and make it harder for farmers to grow enough coffee.

When that happens, the price of coffee might go up because there’s less of it to go around.

Also, coffee can be bought and sold in different ways. Sometimes, big companies buy a lot of coffee beans directly from the farmers, and sometimes they buy it from other people who have already bought the beans from the farmers.

Sometimes people also drink coffee in different ways - like from a fancy coffee shop, or from a machine in their office. The price of coffee might be different depending on where you get it from.

All of these things can affect how much people are willing to pay for coffee. But at the end of the day, the most important thing is that people really love their coffee - so they’re usually willing to pay a little bit more to get it.