
Grades 3-5, 6-8
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This activity provides a fun way to explore concept of economic decision making. In the lesson, students are given a limited number of “tokens” and asked to exchange those tokens for goods in preparation for pioneering in a new land. They are then asked to identify what they have left behind and give reasons for their choices. Finally, they are asked to identify the costs and benefits and the opportunity costs of their choices.
Given a limited number of tokens, students will exchange those tokens for goods in preparation for pioneering in a new land. Students will be asked to identify what they have left behind and give reasons for their choices. They will be asked to identify the costs and benefits and the opportunity costs of their choices.
Grades 3-5, 6-8
Grades 3-5, 6-8
Grades 3-5, 6-8
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