Micro Society Week 6

Profit and loss

Profit means when you get more money then you put into your business and loss means when you lose more money then you put into the business.

One of the business in are class makes profit by selling time on the table tennis table.

Their costs were buying the table tennis bat and ball and paying Mr Torres for his idea.

The profit they made was money earnt minus their cost.

We watched a video explaining the general election I learnt how a MP represents a area in the country and the constituents vote in a general election for the person/party they want to represent them in the houses of parliament. In the 2017 election was a hung parliament they didnt have a majority.