How do people decide how much to charge for a good or a service?
We did a market survey and asked each other what good or service they would buy and how much they would pay for it.
Do people trade food?
Yes, people trade food because we need food to survive.
When do people trade?
People trade on birthdays, Halloween, Easter and Christmas.
If people trade, what would they trade?
People would trade their wants and needs.
How do you know what to trade?
You trade so you can survive by buying your needs.
Why do people sell services?
People sell services because it is something that people want - like a massage or a manicure.
When did people start trading?
People started trading because they have needs and wants. We read A New Coat for Anna and her mother traded different goods and services so she could buy the materials to make Anna a new coat.
How to people earn money?
People earn money by selling a service or a good.
Why is trading helpful.
Trading is helpful because people need things such as food, which is nice.
Can people trade a service for a toy?
I think yes. I would tie Oscar's shoe if he gave me a Moshi Monster.