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LESSON: BEARHIDE AND CROW
Lesson Summary
In a
humorous adventure, Sam and Amos learn how trading can help them get the
things they want.
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
What
did Amos Dryer trade to get the magical bearhide?
A fine-looking
gourd.
Explain
the value of each item to its new owner.
Amos wanted the bearhide
because it would look pretty nailed to the smokehouse door. Sam wanted the
gourd because he thought it should be worth something.
Who
benefits when people make a voluntary trade?
Both people,
since each gives up something he values less to gain something he
values more.
Describe the second trade between Amos and
Sam.
Amos traded his talking crow for half of Sam's
gold.
Why
wasn't Sam satisfied with the second trade?
He couldn't understand
what the crow was saying. That is, he really didn't get what he
thought he was getting!
What is
the special word we use to describe trade without using
money?
Barter
On the
last trade between Amos and Sam, Amos received money. What did Sam
receive and why did he want it?
The magical bearhide to help
him understand the talking crow.
What
goods did Amos purchase for his wife with his gold (money) that he
received from trading the bearhide?
A whole lot of pretties
and a shiny new aluminum water dipper.
Other Concepts: Economic
Wants, Goods and Services | 
