Microsociety
This was our eleventh week of Microsociety and we learnt about auctions. Auctions can happen when loads of people
want to buy a property/item
and the auctioneer (sometimes
the owner) wants to auction
that property/item. They start
at a bidding price that is what
the property's/items real price
is and then the other bidders
bid and the person who has
put the most money on the
property/item wins and the
item/property is his.
PERSONAL NOTE:
Microsociety is coming to an end in 2 weeks and we have got International Trading Week coming up! I am very excited about it! I hope I have enough Microsociety Money so I can enjoy my time in all of the Year Group Classes's businesses!