Grade 6 Social Science Topic - Rose Heights Primary School

Grade 6 Social Science Topic : Why do people trade ? Trade as the exchange of goods.

Most people do not make or grow everything they need .People trade to get things they need. Trade is the exchange of goods or work . People trade in markets at shops , on the internet and on streets . In the time before there was money , people use to swap things. Another word for swap is barter. To barter is to exchange goods without using money.

Trade as buying and selling goods for money

Today most people use money to trade . Money makes buying and selling easier because people do not have to carry lots of objects with them to barter with . When people sell things for money , they first decide on the value of an item . This means that they decide on the amount of money that something is worth . The amount they decide on is the price . If the price is to high people will not want to buy the thing. If the price is to low people will not want to sell the thing . Today, people also trade or exchange work in return for money .

Key words ? Trade : The exchange of goods through selling and receiving .

? Exchange : To give something and receive something in return.

? Goods: Things that people buy and sell.

? Swap : To exchange one thing for another thing .

? Barter : A way of swapping goods of equal value .

? Value : How much something is worth.

Exports and imports- between South Africa and the world

The goods that South Africa buys from other countries are called imports .The goods that South Africa sells to other countries are called exports . South Africa has many useful natural resources . Some of these resources are minerals contained in rocks, such as gold , diamonds and iron . The climate in South Africa also makes it possible for farmers to grow many different kinds of fruit . South Africa sells fruit to colder countries in the Northern hemisphere . South Africa imports goods that it does not make , such as computers , some machines and some special medicines .

A map that shows import and export on a world -wide scale.

Activity : Answer the following questions:

1. Name three mineral resources that South Africa exports. 2. Why does South Africa need to import oil ? Think of all the things we get from oil , for

example , petrol and paraffin. 3. Name two countries that South Africa trades with . Which country does South Africa

trade with the most ? 4. Define the following terms stated below :

? Imports ? Exports ? Natural Resources ? Climate

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