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

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

by Jennifer S. Larson
 

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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.

Learn all about how we earn, spend, and save in the

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.

Learn all about how we earn, spend, and save in the Exploring Economics series-part of the Lightning Bolt Books� collection. With high-energy designs, exciting photos, and fun text, Lightning Bolt Books� bring nonfiction topics to life!

Editorial Reviews

Children's Literature - Norah Piehl
This book introduces basic microeconomic concepts to young consumers. Although concepts such as production, consumption, exchange of goods and services, opportunity costs, supply and demand, and cost-benefit analysis take college students weeks to understand, this volume does a good job of introducing these ideas at their most basic level to the youngest readers. Primarily, the text does so by placing the concepts in the most concrete terms: "These blueberries are a resource for a baker. Producers decide what to make with the resources they have. A baker has lots of blueberries. She decides to make blueberry pies." A brief discussion of how and why to make choices in the marketplace might have special applicability to readers who are just learning how to handle their allowances. An end-of-book activity, for example, encourages readers to weigh the costs and benefits of buying an expensive toy for oneself versus buying a less expensive present for someone else. Other features include a glossary, an index, and a list of print and online sources for further reading. Part of the "Lightning Bolt Books" series. Reviewer: Norah Piehl
School Library Journal - School Library Journal
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

Product Details

ISBN-13:
9780761356653
Publisher:
Lerner Publishing Group
Publication date:
02/28/2010
Series:
Lightning Bolt: Exploring Economics Series
Pages:
32
Sales rank:
136,320
Product dimensions:
7.30(w) x 10.00(h) x 0.20(d)
Lexile:
560L (what's this?)
Age Range:
5 - 8 Years

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