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Lesson Plan

Econ Ed Link: Every Penny Counts

Curated by ACT

Lesson that helps students understand that people must make choices about the goods and services they purchase. Students recognize the prices indicate what people pay for goods and services, learn to compare prices, and understand that people have a limited amount of money to spend.

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Concepts
competition, consumers, economic principles
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Additional Tags
budget, choice, economic concepts, goods, savings, services, trade-off, council for economic education, e.m.16 people use money to buy and sell goods and services., econedlink: every penny counts, price, goods, services, and consumers, incentive and choice
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Classroom Considerations
  • Knovation Readability Score: 2 (1 low difficulty, 5 high difficulty)
  • The intended use for this resource is Instructional