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2nd Grade Indicator
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2nd Grade Indicator

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  • 1. Exchange Jessica Goolsby
  • 2. Social Studies Standard 4 - Economics
    • 2.4.7 Explain why people trade for goods and services and explain how money makes trade easier
    • Taken from http://dc.doe.in.gov/Standards/AcademicStandards/StandardSearch.aspx
    • Activity taken from:
    • http://www.econedlink.org/lessons/index.php?lesson=EM269&page=teacher
  • 3. Definitions
    • Goods – possessions, esp. movable effects or personal property.
    • Services – employment in any duties or work for a person, organization, government, etc.
    • Exchange – to give up (something) for something else; part with for some equivalent; change for another.
  • 4. Look at this picture. What do you think is happening?
  • 5. Questions
    • Write the answers to these questions in your journal
    • Where is the little girl at?
    • Do you think the little girl is going to buy the doll?
    • How do you think she will pay for it?
  • 6. Worksheet
    • Do this worksheet with a partner and turn in when you’re finished.
  • 7. Resources
    • http://dc.doe.in.gov/Standards/AcademicStandards/StandardSearch.aspx
    • http://www.econedlink.org/lessons/index.php?lesson=EM269&page=teacher
    • http://www.econedlink.org/lessons/docs_lessons/269_wkst1.pdf
    • Lemons and Lemonade: A Book About Supply And Demand (Money Matters) by Nancy Loewen and Brian Jensen

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