Trade Game please move to the next slide

1. Trade Gameplease move to the next slide

2. Teacher View Student View

3. What to Expect • Audience • Learning Environment • Objectives

4. Audience This activity can be completed by elementary students, preferably 4th-6th grades. Younger kids may be able to participate with the activity, however, the language and material may be too advancedfor their comprehension.

5. Learning Environment This activity should be given to students through a computer in a computer lab or in a classroom. The students should complete this activity individually

6. Objectives • Given a term that relates to saving money, students should be able to define, apply and complete a quiz with 100% accuracy • Given the term “scarcity” students should be able to recognize and define that term with 100% accuracy

7. Hey, I’m Bill! We’re going to be learning about trade! I’ll be your guide and I am so excited! Let’s Get Started!

8. Home Page Learning about Trade • How to Save Money • How to Spend Money • Scarcity • Play a Game • Take a Quiz

9. How to Save Money How do YOU save money? Where do you keep your money? • Bank • Piggy Bank

10. Banks When you put your money in a bank, the bank holds and keeps track of gains and losses of your money. When you put your money in the bank, you can withdraw (get your money back) or deposit(put more money in) with ease.

11. Piggy Bank By keeping a piggy bank (a place where you keep your money at home), you can always access your money. Also, by keeping your money with you, you are able to count how much money you have or how much you are saving.

12. How to Spend Money What do YOU spend money on? Where do you spend money? • Scarcity • Taxes

13. Scarcity Scarcity comes from the word “scarce” which means a “lack of.” Goods and services are “scarce” because people have unlimited wants and needs. Scarcity refers to the lack of goods and services because people have too many wants and needs.

14. Taxes A Tax: is a fee that is charged by the government. This tax is put directly on a person’s income (or money that you made). The government uses taxes to construct buildings, pave roads and help the community.

15. Wants v. Needs What are the differences between wants and needs? Please look through the different wants and different needs on the next few slides

16. Wants

17. Needs

18. The Trade Game “Chutes and Ladders”

19. You want to enter a bike race with your friends, but you need to buy a really cool bikefirst!

20. You have 1 month to save $31 for the new bike you want!

21. Your Mom promised to give you $.50 everyday this month, but that won’t be enough for the bike at the end of the month!

22. Throughout the month you will be earning and spending money. Please write on the power point how much you spend and earn and why.

23. For example: I would like you to write something like this; I gained $3 because I found extra money in my pocket Or I received $5 because I helped grandma in the kitchen. Or I lost $4 because I bought baseball cards

24. Have fun and good luck!

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26. Space 1 Your mom asked you to take out the trash! • Take out the trash • No, thanks. Not today

27. No, thanks! Sorry, Mom! I have too much homework today! Maybe I’ll take the trash out another day. Please move to Space #2

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29. Space 2 Complete this math problem: $8.60 + $3.50 ________________ $12.10 $11.30 $12.00

30. Answer: $12.10 Correct! Great! Please move to Space 3!

31. Answer: $11.30 I’m sorry, that’s incorrect. Try this: $8.60 + $3.50 _________________ (8+3) = 11 (.60+.50) = 1.10 (11+1.10)= $12.10

32. Answer: $12.00 I’m sorry, that’s incorrect. Try this: $8.60 + $3.50 _________________ (8+3) = 11 (.60+.50) = 1.10 (11+1.10)= $12.10

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34. Space 3 You visit Grandpa and he gives you $2! Please write in how much money you earned and why. Please move to Space 10!

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36. Thanks! Thank you for taking out the trash! Mom gave you 4 quarters and 4 dollar bills, how much money did she give you? • $6 • $5 • $7

37. Answer: $6 Sorry, that answer is incorrect. Try this: .25+.25+.25+.25= 1.00 1.00 + 4.00 = $5.00 _______________

38. Answer: $5 Great Job! $5 is the correct answer. Please move to space #5!

39. Answer: $7 Sorry, that answer is incorrect Try This: .25+.25+.25+.25= 1.00 1.00 + 4.00 = $5.00 _______________

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41. Space 5 You and mom are going to the grocery store. You really want to buy a candy bar for $2.00, but if you get the candy, you will have to take it out of your bank savings! • Spend $2.00 for chocolate candy • No, thanks. I don’t think I’ll spend money today.

42. mmmmm…Reese’s Cup! Please write how much money you spent and why: Since you spent money from your bike savings, you’ll have to move back to Space 3

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44. You made a great decision! You understand scarcity! Your mom is so proud of you that she gives you $5 extra dollars! Please move to Space 10! Please write in how much money you made and why.

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46. Space 10 Dad needs help in the garden! Can you lend him a hand? Maybe later, but not now Sure, I can help

47. Maybe, later! You are almost half way through the month! Good Luck! Please move to Space #11

48. Sure, Dad! An extra $2, awesome! Please write how much money you earned and why: Please move to Space #12! Great Work!

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