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Consumer Capitalism Teacher Resources
Find teacher approved Consumer Capitalism educational resource ideas and activities
2-3rd graders listen to the story, Lemonade for Sale, by Stuart J. Murphy. In the story, children produce and sell lemonade to raise money for their clubhouse, create a product, classify the resources used in production as natural resources, capital resources, or human resources. Mathematics and language arts are integrated as they graph the lemonade sales and create an advertisement for lemonade. Note: The ideas presented could be applied to another "like" topic.
Budding economists use hard data to analyze the current changes in the CPI. They identify factors that change inflation rates, such as policy and economic conditions. They also describe the impact inflation/deflation has on various consumer groups in the US economic system. A very thorough and comprehensive instructional activity.
Young consumers get a hefty dose of information on how fraud can put their financial health at risk. The resource provides detailed lecture notes, scaffolded notetaking sheets, vocabulary worksheets, transparencies, and seven links to further research. Enhance relevance by assigning inquiry-based research about scams your high schoolers and their families have experienced, or have groups create dramatic presentations in which they act out scams and schemes in action.
Extensive explanation, charts, and links help young economists understand inflation, changes in the Consumer Price Index, and economic indicators. The activity includes fun online tools such as an inflation calculator and an assessment, the results of which can be sent to you. Because the information is often linked, it's best if learners have computer access in class. Click "View Student Version" for the page without teacher hints and answers. Extension activities included.
What do pizza, jeans, and gold have in common? Give up? They are all products that require natural, human, or capital resources to be mined or produced. They also require a market price that can fluctuate with the ebb of supply and demand. Learners complete a variety of activities to examine these very basic economic concepts. Note: Lots of additional resources are included in with the lesson.
Fourth graders create graphs to illustrate consumer consumption throughout the world. In this consumer lesson plan, 4th graders also discuss wants and needs around the world, and consider Gandhi's opinion on material possessions as they write journal entries about their own wants and needs.