A total learning experience encompassing creativity, math, language, and social skills is what is in store when kids create and sell in open market settings in school.
Third graders were given the opportunity to plan for profit when their school, House Creek Elementary, promoted an open market learning project meeting social studies requirements for Texas Essential Knowledge.
In addition to buying and selling, the students designed and created the products, and calculated what would and would not sell.
Third graders created products, selling them to fellow students ho used “Creek Cash ” earned for good behavior and test scores, as well as the amount of time spent making the products.
“We are learning economics through social studies which includes supply and demand. They are using their math skills and learning about personal and financial literacy and saving and spending,” said teacher Audrey Trahan. “They had no real concept about loaned money with interest. I told them ‘How else can you make money unless you profit from every dollar I give you for working?’”