Life skills // Entrepreneurship
Buyers & Sellers
When someone makes or has something, they can sell it; when someone wants something, they can buy it; introduction to the concept of exchange and transactions
Quick check
If the learner set up a stall at a school fair, could they explain who the buyers and sellers are and what each person does?
Ask this to see whether the topic is secure.
Topic // Mastery
What mastery looks like
- Explain what a buyer does and what a seller does
- Act out a simple buying and selling transaction with a partner
- Describe a time they or a family member bought something from a person (market stall, car boot sale, bake sale)
Topic // Map
Where this fits
- RequiredMust come first
- HelpfulHelps, but not essential
Before this
2 topics- Goods & ServicesRequired
Entrepreneurship // Ages 5 to 7
Must understand goods and services before grasping buying and selling
- What Money IsHelpful
Money & Finance // Ages 5 to 7
Cross-domain: understanding what money is (Money & Finance) supports grasping exchange
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Buyers & Sellers
Ages 5 to 7 // Concept
Leads to
3 topics- Making Something to SellRequired
Entrepreneurship // Ages 5 to 7
Must understand exchange before making something to sell
- Who Is a Customer?Required
Entrepreneurship // Ages 5 to 7
Must understand buyers and sellers before exploring customer concept in depth
- Costs & RevenueRequired
Entrepreneurship // Ages 7 to 9
Must understand buying/selling exchange before grasping revenue concept
Life skills // Entrepreneurship
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