Related Online Lessons

No Funny Money, Honey....I Want the Real Thing! Do you know what funny money is? It's NOT the real thing! Find out how our government tries to make our money hard to copy in this lesson about r... Grade: K-2 3-5    Published: 07/02/2003

Funny Money or Phony Money? Money is what we use to show what goods or services are worth. When you do work, you are paid with money. When you sell something, the buyer gives ... Grade: K-2    Published: 03/14/2008

We are Consumers and Producers Students are consumers and producers. So are their families. In this lesson students learn how they and family members fulfill these roles at home ... Grade: K-2    Published: 03/30/2004

A Rooster and a Bean Seed In this lesson, students hear a folk tale and participate in a simulation that helps them recognize problems with barter and benefits of monetary exch... Grade: K-2 3-5    Published: 03/17/2003

Norman Rockwell's 'Curiosity Shop' Students will look at a picture that Norman Rockwell painted about a Curiosity Shop. A little girl looks like she is about to purchase a doll. Her ... Grade: K-2    Published: 02/21/2002

Related Print Lessons

Choices & Changes: In Life, School, & Work - Grades 2-4 - Teacher's Resource Manual Grade: 2-4   Published: 2001 8 of the 18 lessons are related to this lesson. The top 5 are listed below. Unit 1: Lesson 4 - Choice In this lesson, students should recognize that they have the power to choose and that they do make many choices. Many people feel powerless because they think they don't make choices. Unit 1: Lesson 3 - Alternatives Have Advantages and Disadvantages In this lesson students will: Realize that alternatives have advantages and disadvantages; Accept responsibility for advantages and disadvantages of alternatives selected; And identify the advantages ... Unit 1: Lesson 2 - Alternatives In working on Choices and Changes, students should learn that they can ordinarily respond to events in their lives by alternative means, and that it is up to them in these cases to find an alternative... Unit 1: Lesson 1 - Scarcity It is a paradox that people who learn to accept and deal with scarcity often achieve much more than those who don't accept it. The inability to deal with scarcity leads to problems with money, educat... Unit 1: Lesson 5 - Opportunity Cost In this lesson students will: Recognize the importance of identifying the opportunity cost of a potential choice; Use the concept of opportunity cost before making decisions; Avoid using the word "fre...

Financial Fitness for Life: Pocket Power - Grades K-2 - Teacher Guide Grade: K-2   Published: 2001 6 of the 16 lessons are related to this lesson. The top 5 are listed below. Theme 1: Lesson 2 - Working for Income Students discuss goods and services that satisfy people's wants, and they construct a spyglass to help them identify goods and services at school. They also construct "Box Town," a model business com... Theme 3: Lesson 9 - We Decide to Spend Students create want webs for a hamster and then for themselves. They experience spending money in exchange for goods and services when they use dimes to become consumers at a school carnival. Theme 4: Lesson 14 - We Owe Money Students assume the role of the Wild Wanter and determine the amount of credit needed to satisfy their wants when income is limited. They construct a Pay Box to show some of the ways consumers pay fo... Theme 1: Lesson 3 - What Is Money? This lesson focuses on two types of money -- paper money and coins. The students identify money and its value (ability to buy things) while participating in a money-matching activity. The students g... Theme 2: Lesson 4 - Money Lets Us Choose Students listen to a short story introducing the difficulty of making choices. They discuss and experience costs and benefits as they make a choice among alternatives, using a grid. The class makes ...

Master Curriculum Guides in Economics: Teaching Strategies - K-2 Grade: K-2   Published: 1993 5 of the 25 lessons are related to this lesson. They are listed below. Unit 2: Lesson 6 - Mystery Workers Students play a questioning game as they learn that producers use their human resources by working in jobs to make goods and services. Unit 5: Lesson 25 - Bulletin Board: Teddy Bear Picnic Students prepare for and participate in a picnic with their teddy bears as they learn about markets and prices. Unit 5: Lesson 22 - Birthday Barter Students exchange make-believe birthday presents as they learn that people can trade by barter or with money and that money makes trade easier. Unit 4: Lesson 20 - Bulletin Board: Showcasing Specialists Students create a bulletin board of their artwork depicting themselves and others as specialized workers. Unit 5: Lesson 24 - Puppet Show: Pinky's New Bow Tie Students produce a puppet show as they review the economic concepts from Lesson 1-23.