Summaries after sample
, U4: Fair trading
U1: Why people trade
Work and exploitation:
Exports and imports:
• Poor people are exploited in the trading system.
• Exploiting – when someone treats you unfairly. • Exports – countries selling things they produce.
• E.g. being overworked, underpaid or treated badly. • Imports – countries buying things they need.
• Children who are made to work are paid lower wages. • The government tries to export more than it
• Fairtrade is an organisation that helps farm producers in imports – allows the government to earn more
developing countries secure better deals for their products. than it spends.
M2: Trade in
South Africa
Sample U3: Resources and their values
and the world
U2: What people trade
• Goods/products – things that people grow, hunt, fish
Summaries after sample • Resources – things people use to live.
• Manufactured goods can be sold for
more money than raw materials.
or make, and that they trade with.
• Primary products (raw materials) – products that
come from farming, forestry, fishing and mining, such
as fish, fruit, wood and minerals.
• Secondary products (manufactured products) – come
from jobs that change raw materials into secondary
The value of gold:
products, like canned fish, fruit juice, wooden
• Soft – easily shaped. furniture and cars.
• Difficult to mine – more valuable.
• Long-lasting and doesn’t rust – keeps its value.
• Used to make jewellery and other products, like
computer components.
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