Related Online Lessons

NOT your Grandma's Lemonade Stand After a review of elementary economic concepts, students will apply their understanding by playing an online computer game, Lemonade Stand. This ga... Grade: 3-5 6-8    Published: 03/15/2002

Economic Spotter: Resources During World War II In World War II pennies were made of steel and zinc instead of copper and women were working at jobs that men had always been hired to do. Why? Bec... Grade: 3-5    Published: 01/03/2003

Paraffin-alia All resources are limited. It is this simple fact--scarcity--that forces us to make decisions. When we do make a choice, we pass up some other oppo... Grade: 3-5    Published: 09/15/1999

You Can BANK on This! (Part 2) As in the first 'You Can BANK on This,' you will learn that banking should not be confusing - it should be INTERESTING! Lesson Two will continue lear... Grade: 3-5    Published: 06/20/2005

A Perfect Pet The introduction to this lesson is a brief online story about a little girl’s visit to a pet store with her father. She considers several pets b... Grade: K-2 3-5    Published: 10/14/2004

Related Print Lessons

Choices & Changes: In Life, School, & Work - Grades 2-4 - Teacher's Resource Manual Grade: 2-4   Published: 2001 4 of the 18 lessons are related to this lesson. They are listed below. Unit 4: Lesson 16 - Entrepreneurs and the Interdependence of Buyers and Sellers People often think of themselves as consumers, but not as producers. In this lesson, students will meet business owners, managers, and entrepreneurs so that they can identify with them and perhaps as... 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 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 3: Lesson 11 - Workers Use Other Resources Students will define resources as things that people can use to produce goods or services. They will identify human capital as a resource, identify examples of land, and identify examples of physical...

Financial Fitness for Life: Steps to Financial Fitness - Grades 3-5 - Teacher Guide Grade: 3-5   Published: 2001 2 of the 16 lessons are related to this lesson. They are listed below. Theme 3: Lesson 6 - Consumers Want Goods and Services This lesson focuses on consumer spending decisions that students make and the different roles they assume in making those decisions. The activities establish a rationale for studying personal finance... Theme 3: Lesson 7 - To Choose is to Refuse In this lesson, students use the concept of opportunity cost to help decide which wants to satisfy with their limited income. Practicing decision making helps build consumer skills and develop an und...

Exploring the Marketplace: The Community Publishing Company - Teacher Resource Manual Grade: 3-4   Published: 1989 4 of the 35 lessons are related to this lesson. They are listed below. Lesson 8: Mini-Mall Students participate in a market simulation. They assume the roles of consumers and producers as they buy and sell goods and/or services in the marketplace. Lesson 32: Choice Making Once the books have been sold, the class decides what to do with the money left over (if any) after paying back the loan or credit and any other expenses incurred in the business. The teacher emphasi... Lesson 9: Visiting a Business A study trip can enhance the learning value of this unit by providing students with an opportunity to observe a business. When planning the trip, try to select a business such as a bookstore; a shop ... Lesson 10: The Pencil Choice In this lesson the students assume the role of consumers and choose among three pencils. They discuss wants, acceptable substitutes, and other factors that influence consumer decisions such as price,...

Choices & Changes: In Life, School, & Work - Grades 5-6 - Teacher's Resource Manual Grade: 5-6   Published: 2001 1 of the 15 lessons are related to this lesson. It is listed below. Unit 3: Lesson 7 - Can I Produce Something People Want? Students use common objects to produce goods they think people will use to satisfy wants. They read a biography of inventor George Washington Carver, learning how Carver helped tenant farmers in the ...