In this lesson, students become entrepreneurs and they will create a community of businesses by selling goods and services for profit. This lesson requires students to work in groups. Each group will have its own business to develop. They will sale consumable goods to their peers for a nominal fee. This lesson allows students to experience a free enterprise system and consumer trade society. All monies collected will be deposited into a local fund account to benefit their CTSO.
Standard(s): [FIN] FN3 (9-12) 5: Demonstrate skills needed to effectively organize and communicate financial information.
Title: Financial Lessons From A Hurricane
Students will participate in Katrina’s Classroom curriculum provided by the Federal Reserve Bank. The lesson emphasizes the importance of being prepared for a financial emergency. This is a Commerce and Information Technology lesson plan.
Standard(s): [FIN] FN3 (9-12) 2: Evaluate income, savings, and investment opportunities to create a budget that meets short- and long-term goals.