Antique stores were featured in many of the Toy Story films. What do you think about antique stores? How can antique stores be good for the environment? What are some of the costs and benefits of buying things in antique stores?
In addition, many of the antique stores contained interesting collectibles. Do you collect anything? It takes a lot of time and money to invest in collectibles? Are they good investments? Consider some of the most popular collectibles. What makes some worth more than others? Use the News! Conduct some research online by using the Tampa Bay Times classified ads. Where else do people sell collectibles and other antiques? How do people make money from antiques and other collectibles? Use the Antique Road Show archive and the YouTube Channel to examine some other antiques. Create a Business Plan Another possible activity is to use the following template to set up a business plan for your own antique shop.
Create a Persuasive Text!
Woody wants to open a new antique store: Woody's Wonderland. He has asked different states to provide information on why he should choose their state as the best location. Use the informational text and lesson we created, to find some reasons why Florida is a great place to do business.
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The big idea in Robin Hood is a “rob from the rich and give to the poor” message. What are Taxes? People don't like taxes; however, they are a necessary part of creating society. For example, where would we be without roads, public schools, and social services? These are all funded by taxes. And we all have a responsibility to pay taxes, whether you believe in small government and low taxes or big government and high taxes. To help students understand taxes, you can use the two videos below:
Why are Taxes Collected?
Students should understand why taxes are collected. Then they can analyze which goods and services are provided by governments and which are provided by private businesses. Ask students how taxes help pay for public goods. Then ask: What would happen if there were no taxes? Here are some lessons to use to help students develop background knowledge:
Check out this activity we created using materials from the Tampa Bay Times Newspaper in Education. Conduct a debate on whether there should be taxes on soda https://floridafinancialliteracy.weebly.com/blog/should-there-be-taxes-on-soda You can also use the following activities that use an annotation tool to comment on taxation and the national debt.
While Tiana’s friends were out dancing, she was working and saving her money. She dreamed of being able to open her own restaurant, and she was committed to her savings plan.
Elementary Students and Decision-making For elementary students, have a conversation about economic decision-making. Because Tiana wanted to open up her own restaurant, she was saving money. That meant she had to give up going out dancing, because that would cost money. When we have to make a choice, we give something up. That is our opportunity cost. You can use the elementary lesson we created on opportunity cost. Ask: What was Tatiana's opportunity cost when she decided to stay home to save money to open her own restaurant? You can use the following elementary EconExpress books we created to further explore work, opportunity cost and scarce resources:
Use the News For Secondary
Use our blog post that asks the question: should you work for yourself or someone else? https://floridafinancialliteracy.weebly.com/blog/do-you-want-to-work-for-someone-else-or-for-yourself Students can interview some family members or friends about their jobs. Tell students to make sure they include some people who work for others and people who work for themselves. Here are some possible questions:
Here is a link to the activity for students.
Plan Your Own Restaurant Another activity that you can engage students with is to have students plan their own restaurant.
Florida Standards Here are some of the standards we cover in these activities. In this post, we examine credit and debit through a scene in the film Lilo and Stitch. Did you know Lilo had to go into debt to buy Stitch? Nani provide a $2.00 loan with 0% interest to Lilo so she could pay the shelter fees before Stitch could be released. Was this loan a good idea? Was the amount reasonable? What about the interest rate? It's not always a bad idea to borrow money, especially when it is a small amount with a small interest rate. However, when it is a larger amount with a larger interest rate, beware! This lesson from the St. Louis Federal Reserve teaches students to consider how much they are really paying for that loan. Investigate Credit! Look at all the fun Lilo and Stitch have together! Students can use these resources to investigate credit. Then they can create a letter or email to tell Lilo whether it was a good idea to borrow money. Elementary students can use: Secondary students can use:
Use the News! Here are more activities based on newspaper articles on credit from the Tampa Bay Times check out our blog https://floridafinancialliteracy.weebly.com/credit.html. Florida Standards Here are the standards covered through the activities.
What do you think Oaken means when he says Big Summer Blowout? What goods is he selling? Here are some activities you can do with students to further illuminate the concepts in the film.
Elementary Activities
Goods, Services, Buyers, and Sellers: Use the Goods and Services informational text we created to understand the differences between goods and services. Before reading ask students to watch how the buyers and sellers interact with goods and services.
After reading ask:
Supply and Demand Before watching the Big Summer Blowout clip, students also need to understand supply and demand. You can use the informational text we created to introduce the concepts to students.
Before watching the clip, ask students to watch for goods that are in short supply by the sellers. Also, tell students to watch for the goods that the customers demand.
After watching, tell students to create a diagram that illustrates the interactions of buyers and sellers in Frozen. They can also explain how supply and demand in the film by answering some of these questions:
Secondary Activities
In secondary, Before watching the clip, ask students to watch for examples of supply and demand in the clip. After viewing, here are some questions:
You can also use the Supply and Demand infographic from the Atlanta Federal Reserve, to further explain supply and demand in Frozen. Use the student activity and order copies of the poster on their website.
Extension
This post is about saving and spending decisions.
Carl and Ellie are saving money for a trip to Paradise Falls but they have a problem. Every time their savings grows, something happens that requires them to spend their Paradise Falls fund. As you watch the clip below, think of a solution to their problem.
Saving for Little Kids
Learn more about saving in our informational texts and lessons for:
After reading, what saving advice would you give to Carl and Ellie?
Financial Advice Activity
Pretend you are a financial advisor and use the following financial calculators to help Carl and Ellie start budgeting, saving, and planning their finances.
For elementary you can use:
For secondary, you can use:
Make a Public Service Announcement or Savings Song! Using what you learned, create a Public Service Announcement or song, using one of the free beats from Flowcabulary.
Use the News!
Carl and Ellie saved their money in a jar. If they saved it in the bank they could have made interest on their savings. Check out these two activities on compound interest from out blog posts using the Tampa Bay Times Newspaper in Education:
Florida Standards Here are some standards connections for the activities in this post. |
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