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Supply and demand describes how a price is formed in a market economy. There are two factors that determines the market price. The factors are called supply and demand. Supply is the number of products are made and demand is the amount of products the customers want. Supply and demand shows how producers and customers interact with each other. When there is more supply that usually means customers don’t want the product so much. That causes the prices to drop. When there is more demand that means that the customers  really want the product. That causes the the price to go up so the producers will make more money. One of the first people to see this was Adam Smith. In his book The Wealth of Nations (1776) he says that  “the demand was dependent on the price of a good."

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Imports, Exports, and Exchange Rates by Julianna Russo

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Imports, Exports, and Exchange Rates by Julianna Russo

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I watched a video about Imports, Exports and Exchange rate today. I learned about Net Exports and that means the difference of imports and exports. The U.S doesn't make clothes because they want focus and be best at producing what their good at. The free trade that has been going on has increased the price of consumer goods. Our exchange rate of how much the currency is worth when you trade it for another countries currency. Imports and Exports are important to our country for example " we trade with china a lot our biggest trading partners" also we trade because the U.S is better off trading for clothes. The U.S imports more than two hundred trillion products. The U.S is the second largest exporter in the world

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Imports, Exports, and Exchange Rates: By Luke Miller (FINISHED)

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Imports, Exports, and Exchange Rates: By Luke Miller (FINISHED)

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Exports are important for our country because we can make money from exports and this is because of different countries have different types of currency. If a country gives us things in their country that are more expensive here in America, we make money. Our biggest trading source is Canada. We trade over 6 billion dollars with Canada a year. America is the worlds 2nd largest exporter. Importing is important because of we can also make more money from importing. We can make more money from importing because we can import goods that we (America) can buy goods for cheaper than we make them. For example: we can buy clothing in other countries for cheaper than if we make our own clothing. And last, exchange rate is important because we can trade more of other countries currency for U.S. dollars and gain money because we can use other currency to buy products cheaper than if we did with U.S. dollars. This is the value of internation trade (Quote) - "It doesn't make sense to make everything on your own if you can trade with other countries that have a comparative advantage."

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Imports,Exports,and Exchange rate by:Kate Kennedy p.6

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Imports,Exports,and Exchange rate by:Kate Kennedy p.6

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America is the largest importer out of all the countries! The U.S imports more than two hundred trillion products, some examples are oil,cars, and clothes. America’s largest trade partner in our friendly neighbor to the north, Canada!”The U.S and Canada trade over six hundred billion dollars of goods and services each year”! The U.S if the second largest exporter but before them is China. The U.S imports most their clothes from other countries because it is cheaper for the U.S to buy the other countries clothes. The workers that are making our clothes are not in a safe place to work and the workers are making very little money for how long they are working a day. N.A.F.T.A is agreement that all of North America are able to trade with each other. N.A.F.T.A had a lot of problems throughout the years ,over all N.A.F.T.A has increased America’s trade deficits by hundreds.

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The Basic Laws of Supply and Demand by: Casey McLaughlin

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The Basic Laws of Supply and Demand by: Casey McLaughlin

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I read the article “The Basic Laws of Supply and Demand” because I remembered learning about it and I wanted to refresh my mind. Supply is how much of the item is there, and demand is how many products the customers buy. The article also mentioned market equilibrium. Market equilibrium is when the supply of the product is the same as the demand of the product.  But supply and demand doesn’t always stays the same, it can change. When supply and demand changes it is called shift. Some ways that a supply might change are the “number of sellers, technology, resources, and cost of manufacturing.” Some ways that demand can change is “income, population, changes in competition, and customer preference.” But the four main laws of supply and demand is                    “If the supply increases and the demand stays the same, the price will go down.”

“If the supply decreases and the demand stays the same, the price will go up.”

“If the supply stays the same and the demand increases, the price will go up.”

“If the supply stays the same and the demand decreases,the price will go down.”

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Climate change has changed a lot of thing and one of the things it has changed has been the Coral Reefs.
In the year 2014 the Great Barrier Reef started to bleach. That means that the barrier reef will start to deteriorating so in a couple of years the Barrier Reef will be gone.But it isn't just the Great Barrier Reef that is bleaching it is every Coral Reef in the world. a quote from the article is " Projections show us where we still have time to act."Mr. Solheim said. We are told that we still have time to act but we have to step up now if we want to save one of the best ecosystem in the world. That was what I read about.

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Climate change will lead to annual coral bleaching, study predicts Review By: Brianna Kahler

The article,  Climate change will lead to annual coral bleaching, study predicts, talks about how if the world continues the same patterns and doesn’t try now to reduce greenhouse gasses, the end result will be very unsettling. The article chose to mention specific coral reefs such as the ones  in Taiwan, and the ones in Chile to name a few. “If current trends continue and the world fails to reduce greenhouse gas emissions, nearly all of the world’s coral reefs will suffer severe bleaching – the gravest threat to one of the Earth’s most important ecosystems – on annual basis, the United Nations environment agency today reported.”  www.un.org reported , quoting the United Nations environment agency today.Bleaching means to deprive of substance. In other words, pollute the coral reefs.  like said in the article there’s still time to act on the bleaching being done to the coral reefs of the world.

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How to explain Forigen Currency to Kids By:Emily Holdeman

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How to explain Forigen Currency to Kids By:Emily Holdeman

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Different countries use many different currencies, like the euro for instant.You can’t buy anything in Canada with the euros.”we compared euro bills to the equivalent Canadian bills”. Sometimes a few countries may use the same currency like the euro. We ( my brother and dad) knows when  currency changes because they collect money from different countries. My dad’s friend travels all over the world and we brings back money( and snacks). Fun fact Haiti uses american money!

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Climate change is disrupting economies around the world and affecting lives. The green house gasses around the world are driving climate change to one of the highest amounts it's been. The world's average surface temperature is projected to rise over the 21st century. It is likely to surpass 3 degrees Celsius. Some areas are expected to warm even more. The poor and the people that are most vulnerable to to the weather conditions are being affected the most. Renewable energy could help the world's climate change become lower and more stable. From 1880 to 2012, average global temperature increased by 0.85 degrees Celsius. ¨on 21 September, countries will come to the United Nations Headquarters to deposit their instruments of ratification. Emissions of greenhouse gases and Co2 from anywhere can affect people anywhere around the world.

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Crash Course Economics by Sophie Jakuboski

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Crash Course Economics by Sophie Jakuboski

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Today I watched a video on Crash Course Economics, International trade. Most of the things we buy, see in stores, or use are from other countries. For example, the United States imports goods from Mexico, Canada, China, and more. Also, the United States exports goods to  other countries that they might not be able to produce. Adriene Hill says, “U.S. producers make more than enough clothing to keep us all dressed, but they don’t do that. They focus on other things too that we’re better at producing.” So, when you see clothes from China, that’s because they are better off at making clothing for us, than the United States can to them. “We buy from other countries because it’s cheaper that if we made them ourselves, “ Adriene says. And she's right. If we can make more and better planes than China, it is more reasonable to trade planes for clothing, both countries benefit Due to international trade, it doesn’t make sense for 1 country to produce all their goods and service because other countries can have an advantage. NAFTA, a free trade agreement, has positive impacts on all the 3 trading partners. U.S, Canada, and Mexico. Free trades decrease prices of consumers. When the Unites States imports more products from Mexico, they exchange money for pesos. Then the peso is appreciated, and the the dollar would be depreciated. In conclusion, making products is an advantage on countries and trading improves the global living standard.

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Being a smart consumer can depend a whole company on just a few customers.The supply and demand of certain products affects a lot a certain kind of product that is wanted more it will get more supply but with demand comes the price most of the time when a product is wanted more the company will raise the price so that they can keep getting more. On the other side are the people or companies known as pyramid schemes that try to get you to give them your personal information such as a social security number or your address.They do this so they can use your own information against you making you pay for things you didn't by and sending ads and harassing you so everyone must remember to be a smart consumer.

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The climate change is affecting coral reef by killing it. Since 2014 they discovered that in five years if know one does anything about saving the coral  will die.”a treasure trove”. Governments have agreed to try and stop it. It will take 11 years for the coral to adapt to the warming water. Coral reefs are one of the most important ecosystem on earth. The Great barrier reef is 90% bleached and 20% is dead.

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Who wrote this????
imports and exports are really important and helpful to many countries. If you don't have the marterials or money to make something like for example a plane you can trade something from your country like fruit for the plane.Its helpful both ways.Exchange rates is the value of one currency for the purpose of conversation to another. An example is if

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Coral reef bleaching is something that has been going on since 2014, it is caused by failure to reduce greenhouse gases, Almost all of the world's coral reefs have suffered extreme bleaching: The coral reefs are bleaching because of warm waters, water that becomes too warm can cause the coral to become a white color as if they have been bleached. The warm water is thought to be related to climate change which is caused by greenhouse gases. Researchers have found that reefs in Taiwan, The Turks and the Caicos archipelago will be the first to experience annual coral bleaching. Coral bleaching is bad because it could disrupt and cause a deadly effect on the underwater ecosystem which is said to be one of the world's most important ecosystems.

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The Importance of Trade By McKenna Muldoo

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The Importance of Trade By McKenna Muldoo

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The Importance of trade is a trade of goods between other countries and why it is important to trade those goods. It is important because without countries trading with other countries the populations of the world would not be running correctly. Trade can be more then trading between other countries for goods, it can also be one country giving another country something because they need it. "Some countries might have too much of a good," in that case that country will either save it and use it for later, give it to a different country that needs it, or trades that good for another good with another country, or they can sell it. If that country decides to sell it they expect a good amount of money from that country. Trading is very important without it our world wound not function right.

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How to Explain Foreign Currency to Kids By:Julia Dalbec

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How to Explain Foreign Currency to Kids By:Julia Dalbec

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Different countries use different currencies.You can’t buy anything in Canada with Euros.You can exchange Euros for Canadian dollar bills.Sometimes a few countries may use the same currency like Euro.

“We compared Euro bills to the equivalent Canadian bills.”

I liked this article because you can learn about money in a different country and that we can exchange Euros for Canadian money.

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Imports,exports,and exchange rates by Makayla Monckton

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Imports,exports,and exchange rates by Makayla Monckton

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exports and imports are similar in a way that they are both meant to help countries trade but they are different .exports is when a country sends resources such as raw goods and manufactured goods .imports are the opposite your country receives resources.it involves specialization in a way .your country specializes in something. for example the us is really good at making planes and asia is really good at making clothes. so we would give asia planes and asia would give us .
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How to explain foreign trade to kids By Nicholas Perez

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How to explain foreign trade to kids By Nicholas Perez

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This was about how to explain to kids what foreign trade is. I think this is important for kids.They  will go to another country and can't give there country's money to someone who is not in their country they gave an example "explained that they cannot buy anything in Canada with Euros" I hope one day I can go to some country and see how different there money is to ower money.

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Money changes when you go to other countries because "different countries have different currency like the Canadian dollar  is worth more in the UK and is worth nothing in other.There are also different kinds of money like the american dollar,euro,yen,pounds and more.Exchange trade is trading your countries money for another,you could give the bank 100 dollars and in another country it could be worth 10,000 dollars.Some money can be spent is one country but not in another country.Some time of year are really good time if you are going to a foreign country you can have a lot of money.

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I did climate change because it is a really big problem around the world.some things that are going on is that nearly all the words coral reefs will suffer serve bleaching. Between 2014 and 2016 the world withnessed the longest gobal bleaching event record

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Being a consumer means lots of tough decisions. On this website, they taught you how to get the best for your money, how to reasonably consider prices, how supply and demand are a big factor, and how you always look for the better deals with the price and the quality. It also mentioned to look for the better deals because of competition. Being a consumer, you have partial power over the products you want. Companies are always competing for your business,  which means you get to choose where you go, and that will influence what they change. You will obviously choose the store with a better price of the same product. When looking for what you want, consider supply and demand. If you really want the new Iphone8, consider how many other people will want it and the possibility of you actually getting it. Whereas if you settled for the Iphone7 or the Iphone6, you have a better chance of getting a new phone. After a while, the demand will go down on the Iphone8, which leads to you getting an upgrade of something your more likely to get for being patient.

I like this article because it was a fun way to learn how to be a responsible consumer. Also, it adds in a game to make it interesting. This website could probably help the companies as well, explaining the things that the customers would like to see change or not change.

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Supply and demand is an example of a part of economics concerned with single factors also know as Microeconomics. Supply and demand helps decide the prices in the big market for the products. Also there are basic laws that help decide the pricing of the product produced by the producer in the market. some thing that could drop pricing in the market is if production is slow or if not many people are buying that product or the opposite so they would raise the price to earn a bigger profit. Adam Smith said in 1776 that "the demand was determined by the price and product" but Adam Smith never saw that the inverse that the demand also influenced the price as well as the dependent.

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Imports, Exports, and Exchange rates By: Nina Castro

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Imports, Exports, and Exchange rates By: Nina Castro

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Imports and exports are important to our country and countries around the world. An example of why this is important to us because we trade with lots of countries.  "We do a lot of trading with China but our biggest trading partner is Canada with over $6 billion of goods and services each year." The US in the biggest importer in the whole world. The world can make whatever and they can be good at it but they focus on the things they can be better at. The NAFTA is important for the US Canada and Mexico. NAFTA can also make people loose their jobs because the other two countries can make it for less. If the United States made something and Mexico made something for less someone could buy that instead for less and use the extra money for something else. But it will make other people lose their job because people are buying from the less expensive brand. That it what I think on imports and exports.

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The importance of Trading by Evan Dauenbaugh

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The importance of Trading by Evan Dauenbaugh

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Trade is needed to make country's what they are. If country's never traded they would not be were we are today.There would also be a lot of country's that don't have the needed resources that they need. Then when country's trade they will be evening out there supplies and not having a bunch of some thing and nothing of the other thing. Country's can trade food, machinery, oils, cars, plastics and more. This is why trading is so important to all.

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Imports, Exports, and Exchange rates. By: Griffen Jewell

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Imports, Exports, and Exchange rates. By: Griffen Jewell

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Why do we trade

We trade because if the us were to make something that another country could make for us it would be a lot more expensive because the us doesn't have the resources that another country that specializes in clothing would have. The second reason why the us does not make their own clothing is because if they did the cost of clothing in stores would go up a lot, for example if the us made a nike hoodie it would usually cost $90-$100 dollars to import but if they made their own it would be upwards of $200. That is the reason that we trade goods with other countries.

Imports

What are imports? Imports are when a country receives something from another country. Like for example every one thinks that we get everything from china but actually we get most of our goods from canada.

Exports

What are exports? Exports are countries that give good to a different country. For example china and Canada are huge exports to the us because that's where we get most of a goods.

Exchange rates

What are exchange rates? Exchange rates are the rates that you pay to trade with a country. For example if we wanted to trade with Mexico we would give the US dollars and the would give us pesos.

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global market 10,000 villages by scott mcdougal

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global market 10,000 villages by scott mcdougal

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10,000 villages is a group of people that help other countries in global market the get 10,000 villages get stuff like artiestic supply and  furtier from countries  around the world. and then they give the money  they get and then they give it to the people that made the thing that they had sold to the people in america. so for that reason they are helping countries in global  market  and another reason that  they do 10,000 villages project is to help the people in that country like bring there kids to school or help feed there kids.

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I did climate change because it is a big thing in the world especially in Africa.But fordable solutions seem to now be working.And the other thing i need to tell u is that some climate changes include  changing weather and sea level,those are mostly the main two.The green gas from human activities are causing climate change and it really is sad.And if you'll did not know they are at the highest levels in history. 'It is disrupting national economies and other lives,the communities and countries dearly,even more today and tomorrow'

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Ending poverty is about how Adults are not being paid enough.
This is causing them to not buy enough food and affordable water, even keeping their kids from going to school!
The people of the UNN are trying to fix this problem by 2030.
If they do not act fast, soon the poverty rate will be to high to fix.
At the moment "more then 700 million people live in poverty"
Making this problem severe.
For people that live in poverty, everyday is a struggle to see what is going to last, what to eat,and when.
However people living in extreme poverty is a fight to survive everyday, because their parents are not getting paid enough to buy enough food.
At the moment there are thousands of projects to help people get out of poverty, however things have  not changed much. Until the United Nations started helping.
we just have to hope that in the near future, these poverty problems will change.

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Coral Reefs- Jarrod hills

Do you believe in saving the coral reefs…? Well studies show that they are sadly dying.

The reason for the death of these beautiful underwater cities are because of us? Yes this is true, bleaching started in 2014 which is now even worse in 2016! The cause is, of course, pollution.. These reefs are being turned from a very amazing colors to dark and white colors. Studies show that the “ 90% of the Great Barrier Reef is bleached… 20% of the reef has been killed.” We can stop this if we stop throwing waste into our oceans. Another big cause is oil spills bleaching the coral and killing homes to millions of fish. I think that it is wrong and we should stop this from happening.

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Supply and demand is a example of microeconomics. It describes how a price is formed in a market economy. If demand increases and the supply remains the same their will be a shortage because if their is more demand then supply then nobody would get anything done. But if the supply increases and the demand stays the same then prices will go down because people will not want to pay for items that can be found somewhere else for cheaper. One of the first person to notice this was Adam Smith says he " the demand was dependent on the price of good" in 1776.

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How to Explain Foreign Currency to Kids | Financial Education Academy

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How to Explain Foreign Currency to Kids | Financial Education Academy

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Did you know:

A single year of primary school increases wages earned later by five to 15 per cent for boys and even more for girls.

For each additional year of secondary school, an individual's wages increase by 15 to 25 per cent.

No country has ever achieved continuous and rapid economic growth without first having at least 40 per cent of its adults able to read and write.

A child born to a literate mother is 50 per cent more likely to survive pass the age of five.

These stats show why education is perhaps the most effective strategy to tackle poverty and is integrally linked to human, community and national development.

When people have basic life and literacy skills, economies grow more quickly and poverty rates decline. Children who have the opportunity to learn are able to eventually earn more money and support their own families.

And, feeding a young mind is literally true. Hunger keeps children out of school and limits their ability to concentrate once there. Conversely, CFTC has seen firsthand that a school breakfast or lunch program will be an important incentive to attract children to attend school.

The link between the level of primary education attained and a family's overall level of food security is especially strong for the rural poor. Education allows farmers to make use of new farming techniques and technologies. A World Bank study found that farmers with a minimum of four years of primary education were able to increase their productivity by an average of almost nine per cent.

When you feed a child, you make it possible for her to learn. And when you make it possible for her to learn, you make it possible for her to feed herself and her family for years to come.

Education quite simply creates sustainable change for children, for families, for communities - for entire countries.

There are still, however, far too many barriers to education for children in impoverished nations, especially for girls. And, even when children do attend school, they often struggle to learn in large class sizes, from untrained and poorly or unpaid teachers and using outdated learning materials.

Poor quality education leads to low motivation to stay in school and many children drop out. In sub-Saharan Africa, one in three children who start school does not complete even basic primary school, let alone progress to secondary school.

That is why it is so important - and why CFTC and its partners place such great emphasis - on supporting children at every stage of the educational journey. Investing in the cycle of education, pictured below, is one of the most effective ways to break the cycle of poverty. Even simple things - like a school uniform or offering breakfast in schools - can be enough to increase a community's overall educational retention and graduation rates.

Child sponsorship and education gifts through the Best.Gift.Ever are just two ways to give children, women and entire communities the gift of education and the tools they need to reach their full potential.

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Breaking the cycle of poverty with education | Canadian Feed The Children

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A single year of primary school increases wages earned later by five to 15 per cent for boys and even more for girls. For each additional year of secondary school, an individual's wages increase by 15 to 25 per cent.

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Imports, Exports, and Exchange Rates: Crash Course Economics

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Imports, Exports, and Exchange Rates: Crash Course Economics

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You will need headphones for this.

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Imports, Exports, and Exchange Rates: Crash Course Economics #15

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What is a trade deficit? Well, it all has to do with imports and exports and, well, trade. This week Jacob and Adriene walk you through the basics of imports, exports, and exchange. So, you remember the specialization and trade thing, right? So, that leads to imports and exports.

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What exactly is the cost of money? What are the fundamentals of exchanging dollars for other currency? We'll explore these questions, plus give tips for money-changing travelers.

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European Commission - European Commission

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Economic and financial affairs website - Notice to users

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The website of the Directorate General for Economic and Financial Affairs is now closed.

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Kids.Net.Au - Encyclopedia > International trade

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Kids.Net.Au - Encyclopedia > International trade

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You will need headphones to view this video.

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The Importance of Trade Part 1: Too Much or Too Little?

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Trade is vital to the success of a civilization. Here's why.

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This is an online game. You need headphones

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Browse the site. Watch the videos. Explore the links.

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On 16th December 2018 SDG Advocate Her Highness Sheikha Moza bint Nasser, Founder and Chairperson of Education Above All Foundation met with the UN Secretary-General Antonio Guterres and UNICEF Executive Director, Henrietta Fore and [...]

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Obtaining a quality education is the foundation to creating sustainable development.

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Sustainable Development Goals: Climate Change

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Sustainable Development Goals: Climate Change

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Browse the site. Watch the videos. Explore the links.

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Sustainable Development Goals: Ending Poverty

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Sustainable Development Goals: Ending Poverty

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Browse the site. Watch the videos. Explore the links.

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Goal 1: End poverty in all its forms everywhere

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Globally, the number of people living in extreme poverty declined from 36 per cent in 1990 to 10 per cent in 2015. But the pace of change is decelerating and the COVID-19 crisis risks reversing decades of progress

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Sustainable Development Goals: Coral Reefs

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Sustainable Development Goals: Coral Reefs

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Browse the site. Watch the videos. Explore the links.

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If current trends continue and the world fails to reduce greenhouse gas emissions, nearly all of the world's coral reefs will suffer severe bleaching - the gravest threat to one of the Earth's most important ecosystems - on annual basis, the United Nations environment agency today reported.

The finding is part of a study funded by the UN Environment Programme ( UNEP) and partners, which reviewed new climate change projections to predict which corals will be affected first and at what rate. The report is published in the journal Nature Scientific Reports .

Researchers found that the reefs in Taiwan and the Turks and Caicos archipelago will be among the first to experience annual bleaching, followed by reefs off the coast of Bahrain, in Chile and in French Polynesia.

Calling the predictions "a treasure trove" for environmentalists, the head of the UN agency, Erik Solheim said the projects allow conservationists and governments to prioritize the protection reef protection.

"The projections show us where we still have time to act before it's too late," Mr. Solheim said.

On average, the reefs will start to undergo annual bleaching starting in 2014, according to the study. Without the required minimum of five years to regenerate, the annual occurrences will have a deadly effect on the corals and disrupt the ecosystems which they support.

However, if Governments act on emission reduction pledges made in the Paris Agreement, which calls on countries to combat climate change and limit global temperature rise to below 2 degrees Celsius, the corals would have another 11 years to adapt to the warming seas.

Between 2014 and 2016, the world witnessed the longest global bleaching event recorded. Among the casualties was the Great Barrier Reef, with 90 per cent of it bleached and 20 per cent of the reef's coral killed.

Via UN News Centre

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Climate change will lead to annual coral bleaching

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If current trends continue and the world fails to reduce greenhouse gas emissions, nearly all of the world's coral reefs will suffer severe bleaching - the gravest threat to one of the Earth's most important ecosystems - on annual basis, the United Nations environment agency today reported.

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Supply and demand Facts for Kids | KidzSearch.com

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Supply and demand is a model of microeconomics. It describes how a price is formed in a market economy. There are two determining factors on such a market, the number of things made available, called supply, and the number of things consumers want, called demand.

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Kids learn about supply and demand a basic principal of the free market economy including how to graph them and the impact of changes on either.

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Browse around the site and check out some of the activities.