Micro-society

week6

profit and loss

Dear diary,

This week in Micro-society we have been learning about profit and loss.Profit means the money you get after taking away the amount you used to start up your buisness.Loss is when you make money but not enough to cover the money you used to start your buisness.

We thought what this could mean for our companies and we also watched a clip explaining the general election.At the end of the week we also had time to do some trading.