Trade and barter

What is trade?

• Using money to buy and sell services and goods that are made or grown.

• Using money to buy products

• Selling services and goods

• Exchanging goods and services like teaching and fixing things

What is barter

• Switching goods

• Using money to buy and sell products and services.

• Exchanging services and goods without money

Services are

• Goods

• actions

• Supply

• Demand

dentist is example of

• Goods

• services

• Community

is a person who makes a product or provides a service.

• Supply

• Seller

• Producer

• Consumer

when you made a birthday card, so you have been a .......

• Trader

• Seller

• Consumer

• producer

...........: are people who spend money to buy things they need or want.

• Producer

• Consumers

• Supply

• need

when you bought an apple. You are

• Producer

• Consumer

• Barter

• Product

......are things you must have to live. Healthful food, water, clothing, and shelter are all needs.

• Products

• Wants

• Supply

• Needs

You need a place to live to stay warm, dry, and comfortable. Is an example of

• Producer

• Wants

• Needs

• Products