Pāhonoa te oro

SPECIFIC OBJECTIVES CONTENT Students should be able to: 1. explain the development of barter; Explanation of the concept, advantages and disadvantages of barter. 2. describe the role of money; Brief history from subsistence economy to money economy. 3. identify the instruments of exchange; 4. interpret information on various instruments of payment; 5. differentiate between private and public sectors; 6. describe the various forms of business organisations and arrangements; Instr