Life skills // Money & Finance
Global Trade
Why countries trade with each other; imports and exports; how goods travel around the world; that different countries use different currencies
Quick check
If the learner looked at the labels on items in your kitchen, could they explain why so many things come from different countries?
Ask this to see whether the topic is secure.
Topic // Mastery
What mastery looks like
- Explain why countries buy goods from other countries (they can't make everything themselves)
- Give examples of imported and exported products from their own country
- Explain that different countries use different currencies and you need to exchange money when travelling
Topic // Map
Where this fits
- RequiredMust come first
- HelpfulHelps, but not essential
Before this
2 topics- How the Economy WorksRequired
Money & Finance // Ages 9 to 11
Must understand basic economics (supply/demand, producers/consumers) before exploring international trade
- Fair Trade & EthicsHelpful
Money & Finance // Ages 7 to 9
Fair trade awareness extends naturally to understanding global trade
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Global Trade
Ages 9 to 11 // Concept
Leads to
1 topic- Supply ChainsHelpful
Entrepreneurship // Ages 9 to 11
Cross-domain: global trade (Money & Finance) provides context for supply chains
Life skills // Money & Finance
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