The importance of trade Flashcards
1
Q
What is the difference between goods and services?
A
Goods are an object people grow or make for example food, clothes and computers. Services are things that people will do to make money for example banking, communications and healthcare.
2
Q
Why did trade develop?
A
Trade developed because people wanted other stuff so they could trade with what they have of most.
3
Q
Name some things Africans would go out and trade for.
A
Salt, ivory, animal skins, gold and even slaves.
4
Q
How did some villages develop because of trade?
A
Some farmers became more wealthy because they could feed for themselves and others. These people who did not know how to farm lived in bigger villages which grew into cities.
5
Q
True or false: salt was very valuable for trade.
A
True
