Answer to Question #232477 in Economics for Andile

Question

Suppose a flea market is arranged at your school. You as the Economic and management sciences teacher are responsible for taking a group of grade 7learners through some paces. Discuss your vital role focusing on the merits or demerits of each of the following headings:

1. Before the flea market
2. During the flea market
3. After the flea market

Answer 1

Before the flea market, students had no idea how the market works, what skills and abilities they need to sell a particular product, how to present a product or bargain with buyers. They need to tell all this.

During the flea market, students try themselves in the role of sellers, adjust prices and their advertising slogans as the market works, that is, they try to apply the skills in practice.

After the flea market, it is necessary to discuss with the students what they learned during the trade, exchanged their observations, and laid out which qualities helped them in the sale, and which, on the contrary, hindered.