Budding Entrepreneurs
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jedamum:
You know, jedamum, it's not really his fault... :love: his friend has placed a higher value on the sweet than a pen...that's demand and supply and how barter trade comes about.
he didn't specifically asked for the pen. His friend was interested in his sweet and asked if he wanted to trade for something. He asked his friend what the friend has in exchange for the sweet and his friend offered his pen which he of course gladly accepted. :oops:
i had since told him not to accept such trade cos while i am happy that he recognised that the pen is of higher value, i don't want him to take advantage of his friend. :oops::
Don't know how to post Chinese words but it's a case of yi ge yuan ai, yi ge yuan da! :!:jedamum:
Now exchange rates are a little difficult to teach eh? Sometimes even us adults get it mixed up!another story, once he almost sold a story book based on the the printed price tag; his Ladybird book which is retailing at about $3 has a printed $1.99 pound on it which he almost sold for $2.
i had since clarified with him about the differences and that he cannot take stuff from home to sell without seeking my permission. 
westmom:
genius r us have that during school hols but its with baking in mind so you may want to consider that http://www.geniusrus.com/. Thinking of getting my P1 involved in it coz she's also not very street smart as far as money is concerned :roll:My dd needs this entrepreneurship course! Some exposure would do her good. Any name leads?
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