This video teaches the concept of Money. Money is anything that is used to buy and sell goods and services. In different times and places, many different items have served as money: gold, silver, shells, cattle, tobacco and printed paper currency.
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Students will take a surprise trip around the world. As they travel, they will use clues to discover where they are going. They will then figure out how much money they have spent in U.S. dollars, using exchange rates.
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In this lesson, students will learn about the gains from trade. Students will participate in a trading game that will demonstrate that trade can make everyone better off.
Grades 6-8, 9-12
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