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
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“If your child set up a stall at a school fair, could they explain who the buyers and sellers are and what each person does?”
Full guide and materials
- Activity. 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
What to notice. 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)
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If your child set up a stall at a school fair, could they explain who the buyers and sellers are and what each person does?
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
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Check 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)
“If your child set up a stall at a school fair, could they explain who the buyers and sellers are and what each person does?”
Curriculum record
- Type
- Conceptual
- Subject
- Life Skills
- Domain
- Entrepreneurship
- Age range
- Ages 5–7