Life Skills·Entrepreneurship·conceptual
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
Suggested ages 5–7
Evidence of understanding
- 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 Buyers & Sellers set up a stall at a school fair, could they explain who the buyers and sellers are and what each person does?
Standards alignment
No external standards are linked to this topic.