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LESSON: THE WORLD IN A SUPERMARKET
Lesson Summary
This very simple, short book shows products that are produced in other countries.
Concept: Interdependence
Definition: Interdependence occurs when people or countries depend on someone else to provide the goods and services they consume.
Comprehension Questions:
Match the goods and the countries where the goods are produced.
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Good
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Country
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Bananas
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France
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Pasta
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Brazil
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Pineapples
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Greece
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Olives
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Honduras
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Cheese
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Hawaii
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Answers: bananas - Honduras, pasta - Italy pineapples - Hawaii
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olives - Greece cheese - France
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Why do these countries specialize in producing these particular goods? They have productive resources - natural, human, and capital - that enable them to produce these goods efficiently.
How do these goods get to our stores? People trade and exchange with people in other countries.
What are the benefits of international trade? Consumers have a greater variety of goods at lower prices.
What does it mean to be interdependent? Relying on or depending on someone else.
How are countries interdependent? Give examples. People depend on producers in other countries to provide certain goods and services. Example: The U.S. depends on olives from Greece and bananas from Honduras.
Other Concepts: Goods and Services, Specialization, Trade and Money
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