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Trade - Coggle Diagram
Trade
New words
Trade- The exchange of goods through selling and buying.
Exchange
goods
swap
barter
value
Imports
Exports
Natural resources
Climate
People trade two main types of goods: Raw Materials and Manufactured Goods
Raw Materials/Primary Products/Natural Resources
Manufactured Goods/Secondary Goods
Labour
Factories
Skills
Carpenter
Musician
Services
Process-set order of actions
Cocoa to Chocolate
Ghana 15% of world cocoa
Raw Cocoa
Drying
Export
Mixing
Processed Chocolate
Gold
eGoli - City of Gold
SA is worlds 4th Largest producer
Mining
Crushing
Separating
Smelting
Pouring
Gold Bars
Transport/Export
Manufacturing
Selling Jewellery
Gold
Gold Bar - $1750 per ounce
Gold Jewellery - $3500 per ounce
Fair trading
Children aren't forced to work
people develope skills
Farmers get fair prices
Unfair trade
Children are forced to work
Farmers get low wages
People don't develop skills