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Econ Ed Link: What Is Money? Why Does It Have Value? Lesson PlanEcon Ed Link: What Is Money? Why Does It Have Value? Lesson Plan
Publisher
Council for Economic Education
Resource Details
Curator Rating
Educator Rating
Not yet Rated
Grade
6th - 8th
Subjects
Social Studies & History
2 more...
Resource Type
Lesson Plans
Audiences
For Administrator Use
1 more...
Lexile Measures
0L
Lesson Plan

Econ Ed Link: What Is Money? Why Does It Have Value?

Curated by ACT

In this lesson, students consider the fact that the value of money differs depending on where the money is being spent. In order to understand this idea, students will first develop a deeper understanding of what it means for money to have a value. They will then consider that different goods and services cost different amounts of money in different regions of the world. Finally, students develop an understanding that the value of a dollar is determined by where the dollar is spent.

3 Views 2 Downloads

Concepts

exchange, money

Additional Tags

characteristics of money, council for economic education, definition of money, econedlink, voluntary exchange, characteristics

Classroom Considerations

  • Knovation Readability Score: 3 (1 low difficulty, 5 high difficulty)

View 2,578 other resources for 6th - 8th Grade Economics

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