Related Online Lessons

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

Everyday Opportunities In this lesson, students will learn about choices and opportunity costs that occur every day. While this lesson will go on throughout the day, the act... Grade: K-2 3-5    Published: 03/24/2010

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

Toys for Me: A Lesson on Choice Students encounter the concept of scarcity in their daily tasks but have little comprehension as to its meaning or how to deal with the concept of ... Grade: K-2 3-5    Published: 04/21/2004

Mystery Workers In this lesson students review the concepts of goods, services, and producers using the Internet to locate examples of each in a teacher's classroo... Grade: K-2 3-5    Published: 02/18/2004

Related Print Lessons

Choices & Changes: In Life, School, & Work - Grades 2-4 - Teacher's Resource Manual Grade: 2-4   Published: 2001 1 of the 18 lessons are related to this lesson. It is listed below. Unit 3: Lesson 15 - Teaching Others Builds Human Capital Students will see the power that a teacher has to help others and connect teaching and learning. Unit 3: Lesson 14 - Practice Students will become accustomed to practice as part of the learning process. Unit 3: Lesson 12 - Inputs, Plan, Outputs Students will take pride in their ability to produce something. Unit 3: Lesson 13 - Learning to Produce Students will increase their self-confidence by discovering their ability to learn skills. 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: Pocket Power - Grades K-2 - Teacher Guide Grade: K-2   Published: 2001 4 of the 16 lessons are related to this lesson. They are listed below. 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 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 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...

Master Curriculum Guides in Economics: Teaching Strategies - K-2 Grade: K-2   Published: 1993 2 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 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.