Children are consumers, too, though they often do not realize it. This strikingly illustrated book helps youngsters understand the concepts of goods and services so that they recognize their role in the cycle of commerce. Readers will examine various jobs to understand where goods are made or services are provided. The concepts of producers and consumers are also carefully explained in a manner children will understand and enjoy.
Introduces bartering and explains what it is, its benefits and challenges, and what makes a good transaction; features a glossary; and lists resources to explore the subject further.
The business of borrowing is the cornerstone of an economy. How do Mortgages, Loans, and Credit Work? explains clearly the different kinds of financial borrowing and their uses.
This interesting new book provides essential information with plenty of full-color images to help explain the basics of importing and exporting in a global economy. Aspects such as importing and exporting regulations are carefully and easily explained in this latest Crabtree title.
Insurance is all around usat home, at work, in the caracting as a safety net in our daily lives. Look inside What is Insurance? to learn all about this fascinating and essential part of modern living.
The concept of supply and demand is made easy in this fascinating new title! Look inside What is Supply and Demand? and learn the ins and outs of this fundamental concept of economics.
This is a volume designed to inform children what taxes are and why they are needed. Emphasis is placed on how taxes provide the funds needed to keep governments running, from local to federal levels. Young readers will understand how taxes are used to dissuade people from buying some items, such as cigarettes and gas-guzzling vehicles. Attractive color images help de-mystify this fascinating and important aspect of government.