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Summary: Making chicken sancocho is a traditional Saturday treat for Maria Lili. But when Papa announces one morning that there is no money for sancocho, Maria Lili and her grandmother go to market to barter for the ingredients. Concept: Trade and Money Definition: People trade (exchange) with each other to get the goods and services they want. To make trade easier, people use money. Comprehension Questions: Why did Maria Lili and Mama Ana go to market to barter (trade) for the ingredients to make chicken sancocho? (They had no money to buy the ingredients.) Since eggs were not an ingredient in sancocho, why did Mama Ana say, "Then we will use the eggs to make sancocho."? (The eggs would be used to trade for other ingredients.) Explain why
Mama Ana took eggs to the market to trade. List all the
items Maria Lili and Mama Ana acquired at the market through trading.
Explain why bartering was sometimes difficult in the story. (Some of the people did not agree on the produce to be exchanged.) Compare trading goods (barter) to using money. (Barter requires that each person is willing to trade for the good the other person has; with money, this is not necessary since money can be exchanged for any good.) Other Concepts: Goods, Economic Wants, Natural Resources, Human Resources, Capital Resources, Scarcity, Producers, Consumers, Trade-offs, market
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