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Buyers & Sellers

CONCEPTUAL
Life Skills›Entrepreneurship|Ages 5—7|ID: mt_SbEaQnMQoD

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

Mastery Evidence

  • 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)

Assessment Prompt

“If [child] set up a stall at a school fair, could they explain who the buyers and sellers are and what each person does?”

Prerequisites2

Show full prerequisite tree
  • Goods & Services hard

    Must understand goods and services before grasping buying and selling

  • What Money Is soft

    Cross-domain: understanding what money is (Money & Finance) supports grasping exchange

Unlocks3