3 results found
Functions and Characteristics of Money
In this lesson, students view a video on the characteristics and functions of money Based on the information they learn, they work in small groups to analyze a series of scenarios and determine which characteristic or function of money is being described
What Is Money?
To experience problems with barter, students participate in a simulation in which they barter to obtain ingredients to make cookies. Repeating the simulation using money, they learn about the advantages of using money.
A Lesson to Accompany "Benjamin Franklin and the Birth of a Paper Money Economy"
In this lesson, students learn about Benjamin Franklin's role in shaping and understanding of the role of money in the economy. By participating in a trading activity, students learn about bartering, characteristics and functions of money, and inflation.