Items related to Follow Your Money: Who Gets It, Who Spends It, Where...

Follow Your Money: Who Gets It, Who Spends It, Where Does It Go? - Softcover

Sylvester, Kevin; Hlinka, Michael

  • 3.76 out of 5 stars
    34 ratings by Goodreads
 
9781554514809: Follow Your Money: Who Gets It, Who Spends It, Where Does It Go?

Synopsis

What happens to your money after you hand it to the cashier? You pay for that cool pair of shoes or a new CD. But what happens to that money once it leaves your hands? Who actually pockets it or puts it into the bank? This lively, kid-friendly book answers these questions and more: • Why are designer jeans so much more expensive than no-name ones? • Why does a burger cost $4.50 when the ingredients only cost $1.38? • How do credit cards work? Discover the trail your money takes as it goes to pay for everything including the raw materials used to make a product, the workers who produce it, and the advertisers who promote it. Humorous illustrations demystify the process by providing a visual breakdown of all the elements involved in monetary transactions. Accessible and fun, Follow Your Money is a vital introduction to the way money flows.

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About the Author

Kevin Sylvester is an award-winning illustrator, author, and a well-known broadcaster on CBC radio. His last book with Annick Press, Game Day, was nominated by the OLA for the Silver Birch Award. He lives with his family in Toronto.

Michael Hlinka teaches college and university courses in Toronto and provides business commentary for CBC Radio.

Reviews

Gr 5-8-This book explores the difference between "price" and "cost," terms many readers may use interchangeably. The authors start with the price to the consumer, and then list the various costs to the manufacturer or supplier, leaving the profit or "what's left" at the end. Costs involve materials, manufacturing, labor, production, advertising, marketing, and retailers' costs such as store operations and staff. Examples of about 50 products and services, relevant to young readers, range from school supplies to digital downloads. Casual narrative is surrounded by large, bright, cartoonlike illustrations. Informative text and sidebars discuss topics such as reasons why stores put things on sale and explain economic concepts including bottom line, gross vs. net profit, fair trade, and loss leader. This title presents a unique approach to economics and money, hopefully enabling readers to be smarter consumers.-June Shimonishi, Torrance Public Library, CAα(c) Copyright 2013. Library Journal. LLC, a wholly owned subsidiary of Media Source, Inc. No redistribution permitted.

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