Monday, October 14, 2019

Why the Store Sells Us Apples (age 6)


"We give money to the store for apples.

The store gives some of that money to the store.

If the store gets $2 for the apples, and they give the farm $1, how much money did they make?  How much do they keep?"

"One dollar!"


"That money is called profit.  Profit is the money the store made.

If the store doesn't make any money, they won't sell us apples anymore because they won't have money to buy apples from the farm. They'll shut down."

"What will they do if they shut down?"

"They'll find out how to make money doing something else.

Do you know why the farm sells apples to the store?"

"So they can get money."


No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Cialdini's Social Proof (Age 8)

 I want to teach Benny about "social proof" in Robert Cialdini's Influence: The Psychology of Persuasion . Social proof is bas...