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Grades 3-5
Inventive Incentive
There are many ways in which people are rewarded or penalized for doing, or not doing, their work. These are...
Key Concepts: Choice, Incentive
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Grades 3-5
Music, Maestro, Please: Show Business and the Factors of Production
The city of Philadelphia, Pennsylvania recently opened a $300 million dollar center for the performing arts, the Kimmel Center. This...
Key Concepts: Goods and Services
Grades 3-5, 6-8
From Butterflies to Buffaloes
Nature tourism, also known as ecotourism, is a fast growing segment of the tourism industry. In this lesson, students learn...
Key Concepts: Goods and Services, Markets, Producers…
Grades 3-5
Economic Spotter: Money in Revolutionary Times
Students take a trip back in time and spot economic concepts in a historical fiction tale. This time frame features...
Key Concepts: Money
Grades 3-5
Making Cents out of Centimes
Students will learn that most countries create their own currency for use as money. In most of Europe that money...
Key Concepts: Foreign Exchange
Grades 3-5, 6-8
The Mystery of the Amazing Farmers
In this lesson you will be taking on the role of an an investigative reporter to solve the Amazing Farmer...
Key Concepts: Balance of Trade and Balance of Payments, Division of Labor/Specialization, Goods and Services
Grades 3-5, 6-8
US History: Inventors & Entrepreneurs
Students will learn the difference between inventors and entrepreneurs. From talking with adults they will learn some of the benefits...
Key Concepts: Consumers, Entrepreneurs, Incentive…
Grades 3-5, 6-8
Bill, Are You Bogus?
In a barter system, people have to trade goods and services for other goods and services. In an economy that...
Key Concepts: Goods and Services, Money, Trade, Exchange and Interdependence
Grades 3-5
The Story of Jack and the Bank Stalk
Fairy tales have always been used to give lessons about life. The story of Jack and the Bean Stalk is...
Key Concepts: Credit, Decision Making/Cost-Benefit Analysis, Economic Institutions…
Grades 3-5
Pennies Make Cents
Students will review the history of trade before money and will investigate the history of money. Students will locate information...
Key Concepts: Money, Trade, Exchange and Interdependence
Grades 3-5
Changes in Change
This lesson begins with students visiting a web site that gives them practice in counting money. The second site goes...
Key Concepts: Economic Institutions, Goods and Services, Money
Grades 3-5
An Entreduction
This lesson illustrates the differences between inventions and innovations. It discusses what entrepreneurs are and their role with inventions and...
Key Concepts: Decision Making/Cost-Benefit Analysis, Entrepreneurs, Investing…
Grades 3-5
I Have No Money, Would You Take Wampum?
Through the use of folk tales, history, and the students' own experiences, students will recognize the inter-relatedness of goods, services,...
Key Concepts: Goods and Services, Money, Trade, Exchange and Interdependence
Grades 3-5
Old Business, New Business
In this lesson students are introduced to several businesses from the past. They see that, while the names for these...
Key Concepts: Balance of Trade and Balance of Payments, Business, Demand…
Grades 3-5
Hey, Mom! What's for Breakfast?
Students working in cooperative groups will discuss food items they consume for breakfast, investigate elements of foreign culture, particularly food,...
Key Concepts: Consumers, Goods and Services, Producers
Grades 3-5
Paraffin-alia
All resources are limited. It is this simple fact--scarcity--that forces us to make decisions. When we do make a choice,...
Key Concepts: Choice, Decision Making/Cost-Benefit Analysis, Goods and Services…
