Monday 30 May 2016

Marketplace

Grade 5 is wrapping up the year with a unit on marketplaces. Students explored concepts such as:     
-supply and demand
-distribution of goods and services
-our role as responsible consumers. 

To study the distribution of goods and services, student tracked a banana from the farm to the local market. Students were surprised to see the different steps involved in getting the banana from the Philippines to Tokyo.  Students were broken into different groups along the supply chain and had to argue for their fair share of the profit from the sale of a banana. Students were very surprised to learn that farmers received the lowest percent of the profit.





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