This term we are learning about Trade and Enterprise. Trade and enterprise is about creating and selling products. We have been split into 6 different business groups to learn about what it takes to be a businessman or women.
As part of our topic we had a trade fair. A trade fair is similar to a market but in a trade fair you order things and you get given the product later on. Sometimes in a trade fair only a few things are sold straight away like a market.
At school all our maths books looked the same so me and my friends decided to take orders for math book covers. Unfortunately in the trade fair we only had 7 customers. The cost of our product was 2pt and 50pcs.
Our teachers have created a new kind of currency for us. Current is another way of saying money. Our currency is called PTs and Pieces. There are four toucans that are green, blue, white and red. The green toucan is 2pt, the blue toucan is 1pt, the white toucan is 50pcs and the red toucan is 20pcs. 1pt is worth 2 New Zealand dollars, 2pt is worth 4 New Zealand dollars, 50pcs is worth 1 New Zealand dollar and 20pcs is worth 40 cents. Everyday we come to school we earn 20pcs.
I’m really looking forward to our market day coming up in week 8! I hope to have more customers than I did in the trade fair.