mopar
12-16-2007, 01:14 PM
Procedure:
Put the students into groups of 3-4. You want to have about 8 or more groups. Then have the students create something that they could sell. Some groups will do food, jewelry, photos, or a new invention. Depending on the group.
The students will bring in money to buy stocks. I always made my stocks worth only 10 cents. The students will pick which invention or product to buy stocks in and that is how a group is able to afford to buy materials.
Keep track of which students buy stocks in each company. The students will then have an economic fare where they invite other classes and parents to buy their products.
Before the fare, students must decide on what their product will cost based on what it cost to make one. Then they make signs and a name.
After the economic fare, the students count their money and then divide up the stock profits to the class. If only three people bought stock in their company, the students will divide the profit among the three people.
Put the students into groups of 3-4. You want to have about 8 or more groups. Then have the students create something that they could sell. Some groups will do food, jewelry, photos, or a new invention. Depending on the group.
The students will bring in money to buy stocks. I always made my stocks worth only 10 cents. The students will pick which invention or product to buy stocks in and that is how a group is able to afford to buy materials.
Keep track of which students buy stocks in each company. The students will then have an economic fare where they invite other classes and parents to buy their products.
Before the fare, students must decide on what their product will cost based on what it cost to make one. Then they make signs and a name.
After the economic fare, the students count their money and then divide up the stock profits to the class. If only three people bought stock in their company, the students will divide the profit among the three people.