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2nd Grade Indicator

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2nd Grade Indicator

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

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