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Marketplace

It is an active learning tool where 20-40 students can simulate a small country called Marketplace. There can be 8 households in the simulation who buy a business from the auction. Students can choose between a Producer, Seller and a Bank. Facilitators take the role of Government and Central Bank. Households sell their workforce to  Producers who also buy Land from Government and make products. Then they sell the products to Sellers. Sellers sell the goods to the households who change the products for Satisfaction units. Meanwhile everybody can save the money in the bank and periodically loans can be taken. Government can change the market situation and give out several laws to make impact on households and businesses.

JA Local Program / Organisation: JA Estonia

2015 JA Worldwide