Economics Unit Project: School Store

Our School Store

Consumers Making Choices

Checking Out - Producers and Consumers practicing math!

For our Economics unit in Social Studies we created a school store.  Students were producers by bringing in some of their old toys for goods to sell.  Then they were consumers when they got to make their purchases.  We came up against some scarcity issues and learned that when goods are scarce people have to make choices.  Sometimes what you wanted to buy was not available.  We had a great discussion about the activity afterwards and solidified our knowledge of some key vocabulary words: producer, consumer, goods, scarcity.  It was also a great math activity to practice counting money and making change!