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Exchange of Goods

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Grade 3
Economics and Work
Economic Systems
11. Trade
11.1 Exchange of Goods

Discover How People Exchange Goods Through Trade

You will explore how communities trade goods, use barter, import and export products, and depend on each other to meet their needs.


What You'll Learn

You will learn that trade means giving something to get something back.
You will discover how Canada exports lumber, wheat, oil, and fish.
You will understand barter, import, export, surplus, and shortage vocabulary.
You will see how interdependence connects communities through exchanging goods.

What You'll Practice

1

You will define key trade words like barter, import, and export.

2

You will identify goods Canada exports and its main trading partners.

3

You will answer questions about interdependence, markets, and trade routes.

Why This Matters

Understanding the exchange of goods helps you see how communities around the world depend on each other and why trade shapes the economy you live in every day.

This Unit Includes

Practice exercises
Learning resources

Skills

Trade
Barter
Import Export
Interdependence
Natural Resources
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