Title: $ Apple Capital $
1 Apple Capital
2Standards
SS1E3 The student will describe how people are
both producers and consumers.SS3E3 The student
will give examples of interdependence and trade
and will explain how voluntary exchange benefits
both parties.a. Describe the interdependence of
consumers and producers of goods and services.c.
Explain that some things are made locally, some
elsewhere in the country, and some in other
countries..SS5E3 The student will describe how
consumers and businesses interact in the United
States economy across time.a. Describe how
competition, markets, and prices influence
people's behavior.
3Produce Grow
- The farmer produces apples.
- He grows them in the orchard.
- He makes them red and juicy.
4Consume Eat
- The people consume apples.
- They use them
- for food.
- Children eat the crunchy apples.
5Exchange Buy
- The farmer exchanges his apples for money.
- He sells them to buy other things.
- The child buys the apple for lunch.
6Invest Put in
- The farmer invests in seeds to grow more trees.
- He puts in time, water and care to grow the
apples. - The apples provide him with money.
7Specialize Make 1 Thing
- The farmer specializes in growing apples he
doesnt grow corn. - My grandma makes the best applesauce.
- The child eats only apple pie.
8 The farmer produces or grows the
apples. The person consumes or eats the
apples. The person exchanges or buys the
apples for money. The farmer invests or puts
in time to grow more apples. The grandma
specializes in or makes only applesauce.
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