Who's Buying? Who's Selling?: Understanding Consumers and Producers

by Jennifer S. Larson

Overview

Have you ever bought a cold drink at a lemonade stand? Or have you baked cookies for a school bake sale? If so, you’re a consumer and a producer! Consumers, producers, buyers, and sellers all provide things other people want and need. How do they work together in the marketplace? Read this book to find out.

Product Details

ISBN-13:	9780761356653
Publisher:	Lerner Publishing Group
Publication date:	01/01/2010
Series:	Lightning Bolt Books - Exploring Economics
Pages:	32
Sales rank:	470,494
Product dimensions:	7.30(w) x 10.00(h) x 0.20(d)
Lexile:	560L (what's this?)
Age Range:	5 - 8 Years

About the Author

Jennifer S. Larson has written many nonfiction books for young readers.

Table of Contents

Consumers 4

Producers 8

Buyers and Sellers 14

Cost and Benefit 22

Supply and Demand 26

Activity 28

Glossary 30

Further Reading 31

Index 32

Editorial Reviews

"Bright, colorful photographs and simple text teach children skills such as how to create a budget and how to be responsible buyers and/or sellers." —The Horn Book Guide

From the Publisher

Gr 2—These books offer easy-to-read introductions to the world of economics. Addressing readers as "you," Larson asks questions such as, "Did you ever get money for your birthday?" and "How do you decide what to do with your money?" (Do I Need It?). The everyday-life examples will demonstrate to children that they can play a vital role in the economic world. Clear, age-appropriate language explains new concepts well: "When someone works at a paid job, he or she earns money. This money is called income." Simple paragraphs of two to four short sentences appear in large colored fonts against bright backgrounds that change color with every page. Each title includes an activity such as making a spend-or-save list to help decide what to do with birthday money. The books' layout is interesting and fresh, and each page features a large, well-chosen photograph with a boxed caption. A caption in What Is Money, Anyway? states that "People trade goods at swap meets," which may confuse readers who only know swap meets as a place to buy merchandise. Margaret Hall's "Earning, Saving, Spending" series (Heinemann, 2008) covers similar topics of money, banks, allowance, credit cards, and checks, but is for first through third graders. Report writers will value her longer paragraphs with detailed coverage including history and global issues. Larson's books will help ease younger readers into the world of economics.—June Shimonishi, Torrance Public Library, CA

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