Start a 10-Day Free Trial to Unlock the Full Review

Why Lesson Planet?

Find quality lesson planning resources, fast!
Share & remix collections to collaborate.
Organize your curriculum with collections. Easy!
Have time to be more creative & energetic with your students!

What is Money? Learn the Role of Money in a Free Market System

Students view a seashell and listen as the teacher explains that these were sometimes used as money. They listen as the teacher lectures on medium of exchange, barter, and commodity. Students determine the number of chickens it would take to buy a bicycle. They imagine they have no reliable food source, and re-evaluate their chicken/bicycle problem. Students work in groups to discuss characteristics of paper money that makes it more acceptable.

3 Views 7 Downloads
Resource Details

6th - 8th
Social Studies & History
2 more...
Resource Type
Lesson Plans
45 mins
Instructional Strategy
Included Materials
  • Vocabulary