During 2nd grade's How We Organize Ourselves Unit, students examine the economy and its components. One of the things they explore is the relationship between work and personal, financial and societal needs. In order to experience the laws of supply and demand and investigate the role of taxes in our society, students create products to market and sell to their peers. Some of the resulting earnings are then paid as classroom taxes and the "citizens" have input on how they are spent. It is a wonderful way for kids to synthesize their learning through role play and experience!
Friday, April 11, 2014
2nd Grade Explores the Economy During Spicewood's Market Days
During 2nd grade's How We Organize Ourselves Unit, students examine the economy and its components. One of the things they explore is the relationship between work and personal, financial and societal needs. In order to experience the laws of supply and demand and investigate the role of taxes in our society, students create products to market and sell to their peers. Some of the resulting earnings are then paid as classroom taxes and the "citizens" have input on how they are spent. It is a wonderful way for kids to synthesize their learning through role play and experience!
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