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General
Store by Rachel Field
Little, Brown and Company
27 pages
ISBN 0-316-28163-8
Summary:
Some day a little girl is going to have a store of her own with
real glass cases and wide counters and drawers where she can sell
a little of everything. This is a simple book with poetic prose.
Concept:
Goods
Definition:
A good is an object people want that they can touch
or hold.
Comprehension
Questions:
What goods were
sold in the store? (There was a little of everything: bolts of
calico; balls of string; jars of peppermint; tins of tea; pots,
kettles, and crockery; seeds in packets; bright scissors; kegs of
brown and white sugar; sarsaparilla for picnic lunches; bananas;
and rubber boots, etc.)
The goods in
the store are an example of economic wants. Why would people want
the goods in the store? (Answers will vary.)
In the story,
there are no prices on the goods? Do you think the goods are free?
(No. At the end of the story it says the girl will "take
money" from the customers. Goods are not free - they are scarce.
People must pay a price to get them.)
Who will be
the owner of the store? (The little girl will be the owner of
the store. She will be a young entrepreneur who takes full charge
of the store, from selling the goods to collecting the money.)
Can the girl
be sure she will make money at her store? (Entrepreneurs can
never be sure they will make money. People may not buy many goods
- the girl is taking a risk when she opens a store.)
Other
Concepts: Entrepreneur,
Economic Wants
(From KidsEcon Posters©: www.kidseconposters.com)
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