Lemonade in Winter is a great text to use for teaching elementary students about entrepreneurship and the basics of supply and demand.
Before Reading: Tell students: Supply is the amount that producers are able and willing to sell at all prices at a given time. Demand is the amount that consumers are able and willing to buy at all prices at a given time. After you watch the Lemonade in Winter clip, do you think the children have a problem with supply or demand?
Now, look at the image from the book.
The children tried to solve their demand problem by lowering the price. Do you think it will work? What do you think they should do to solve their problem? Then read the rest of the story to see if you had the same solution. Whose solution did you like better?
Your Turn! Did you get any good ideas in the book about starting a lemonade stand? What would you do better? Search online for some good recipes and design your stand!
Mathematics Extension: There are some great opportunities for creating mathematics problems from the text. Have your students create their own mathematics problems based on images in the text! Comments are closed.
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AuthorDeborah Kozdras, Ph.D. Archives
February 2022
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