The boys are doing Economics for their Social Studies unit this month. They each had jobs and got paid for them (in fake money of course.) They learned about starting a business, advertising their business, etc. So they spent the last month learning terms like Income, Budget, Interest, Scarcity, Competition, Import & Export, Supply and Demand, and Opportunity Cost. They were each asked to start their own business whether it would be to sell something they make or a service like face painting or doing nails. We helped the boys decide on a business. Zach chose to make bean hearts like the one he made for me in first grade. I love it and have had it hanging in my kitchen for the last couple years. I thought it would be a perfect gift for kids to give to their moms. Nathan decided to make stress balls which double as juggling balls. The one stipulation from the teacher was that they were to be made from materials we have at the house. If we had to purchase something, it could be no more than $5.
They had their market Friday afternoon. The teachers invited parents to come and even gave us each $20 to spend. Each of the kids could spend the money they have been earning from their jobs in school. It was really a great idea and the boys loved it. They begged me to allow Erin to come to the market also. So I checked her out of school an hour early and we went. I love that the kids like to support each other in their activities.
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