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Umps Fwat Activity
Answer key for the Umps Fwatt student worksheet.
 
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Fwat: He knew he made very good fwats and that many other people wanted them. He thought he could make a lot of profit by making and selling them.

Bunt invested money in the business. He gave Ump some of his savings to help buy tools and hire workers.

Possible resources are:
 
Woodcutters - human
Carvers - human
Sanders - human
Record keepers - human
Fire tenders - human
Bones (for polishing) - natural
Stones - natural
Cave - natural
Axes - capital

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8.

He though he could sell more fwats and make bigger profits.

He used money he had saved from his business.

They wanted to receive a share of the profits.

Possible answers might include:
a. More jobs were created.
b. People who worked there could buy more things from other businesses.
c. People could use some money from their paycheck to invest in this and other businesses.

He might have surveyed the people to determine how many they would be willing and able to buy at van oils pnces if he produced too many, a lot were left sitting in the cave-, he might have to make some changes. One thing be might do would be lower his price. He might also consider reducing the amount that me makes.
Last Revised on 3/29/04
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