Skip to main content

How we organise ourselves: G6

Markets evolve as a response to consumer choice. 

Lines of Inquiry

1. The distribution of natural resources, goods and services (Function)
2. Resource production and extraction on the environment.  (Causation)
3. Ethical exchange of goods and services (Responsibility)

G6 eBooks HWOO

What Are Goods and Services?

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. 

The Production of Goods and Services

Our economical output is channeled through goods or services. Any economy thrives through our constant need of both, whether it's our need to stock our refrigerators and furnish our homes, or to spend a nice night dining out and experiencing the finer things. 

The Distribution of Goods and Services

This insightful book explores the details of the supply chain, specifically the distribution of goods and services. From the origin of goods and services, as raw materials or laborers, to their final use by consumers, the path of distribution is described in straightforward language. 

Buying Goods and Services

Give readers the information they need to be smart shoppers and savvy consumers. From setting up a budget to shopping on the Internet-this resource covers all the buying basics. Further discussions include an explanation of how banks work and how advertising affects the way we shop.

Supply and Demand

Supply and demand is a basic necessity of economics used for setting price based on availability. From the simple cost of labor to how production affects the modern consumer, this guide is a must-read for any young economist.

Responsibility questions

  • What are my roles as a producer or consumer?
  • What does it mean to be an informed producer and/or consumer?
  • How can you become an informed producer and/or consumer?
  • What happens when there is an imbalance between supply and demand?
  • What are the actions of a responsible consumer within various settings? (school, home, vacation)
  • Do we have a social responsibility in how we manage finances?

Online resources TK