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A New
Coat for Anna by Harriet Ziefert Summary: At the end of World War II, Anna needed a new winter coat, but her mother had no money. They use valuable things they own to barter for the goods and services needed to produce the coat. Concept: Money Definition: People trade (exchange) with each other to get the goods and services they want. To make trade easier, people use money. Money is anything widely accepted as final payment for goods and services. Comprehension Questions: Explain how Anna could get a new coat for the winter without any money. (Her mother traded a gold watch and other nice things for wool and the services of the craft people to make the coat.) Explain why Anna and her mother had no money. (It was wartime and no one had any money.) List all the trades Anna's mother made in order to get the new coat. (gold watch to the farmer for wool; a lamp to the old woman to spin wool into yarn; garnet necklace to the weaver to weave yarn into cloth; teapot to the tailor for sewing cloth into a coat) What natural resources were needed to produce the coat? (wool from the sheep, lingonberries) What human and capital resources were needed to produce the coat?
List all the steps for producing Anna's new coat (shear the sheep, spin the wool into yarn, dye the yarn, weave yarn into cloth, sew the cloth into coat) Explain why
it took much longer for Anna to get her coat than if she had money
to buy one. Other
Concepts: Productivity, Productive
Resources, Natural
Resources, Human
Resources,
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