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How Labor Got Its Day

If you asked students what comes to mind first when they think of Labor Day, what do you think they...
Key Concepts: Division of Labor/Specialization, Economic Institutions, Goods and Services…

The Color of Resources

This lesson will demonstrate the making of Crayola products to introduce natural, capital, and human resources as well as touching...
Key Concepts: Resources

Did You Get the Message?

Updated! In this economic lesson, students will view TV ads to learn advertising incentives and strategies.
Key Concepts: Advertising, Consumers, Incentives

Believe it or Not?

In this economic lesson, students will explain fact and opinion in advertisements.
Key Concepts: Advertising

You Can BANK on This! (Part 1)

Banking should not be confusing. It should be INTERESTing! Most students in the elementary grades would love to know more...
Key Concepts: Money, Trade, Exchange and Interdependence

The Grasshopper and the Ant

Understanding the concept of opportunity cost is critical for good decision making. The ability to identify the opportunity cost—the highest...
Key Concepts: Balance of Trade and Balance of Payments, Consumers, Decision Making/Cost-Benefit Analysis…

What Face do you Use?

The students will recognize that in order to facilitate the exchange of goods and services, most nations create currency for...
Key Concepts: Money, Trade, Exchange and Interdependence

To Be or Not To Be?

This lesson guides students through web sites that examine careers that are typically of interest to 3rd- through 5th-grade students....
Key Concepts: Balance of Trade and Balance of Payments, Division of Labor/Specialization, Goods and Services

Toys for Me: A Lesson on Choice

Updated! In this elementary economics lesson, students will categorize and prioritize their wants to learn about scarcity and choice. Scarcity...
Key Concepts: Decision Making/Cost-Benefit Analysis, Opportunity Cost, Scarcity…

Money Comes and Goes

Students read two online stories that introduce them to the elements of a budget and show that a successful budget...
Key Concepts: Balance of Trade and Balance of Payments, Budgeting

What is Competition?

Students will understand what businesses are, that a marketplace exists whenever buyers and sellers exchange goods and services, and that...
Key Concepts: Business Costs and Revenues, Consumers, Decision Making/Cost-Benefit Analysis…

I Can Be an Entrepreneur

In this personal finance lesson, students explore entrepreneurship by earning money and advertising their business. Learners are given advice on...
Key Concepts: Entrepreneurs, Profit