Shoulder pads. Sleigh rides. Beach ball. Pumpkin carving. Swimsuit. Hot chocolate. Suntan lotion. Garden hoe ACTIVITY 1.1 MATCHING GAME CARDS

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1 A SEASON OF GOODS - LESSON 1 ACTIVITY 1.1 MATCHING GAME CARDS Shoulder pads Sleigh rides Beach ball Pumpkin carving Swimsuit Hot chocolate Suntan lotion Garden hoe MATHEMATICS AND ECONOMICS: CONNECTIONS FOR LIFE, NATIONAL COUNCIL ON ECONOMIC EDUCATION, NEW YORK, N.Y. 7

2 LESSON 1 - A SEASON OF GOODS ACTIVITY 1.1 (continued) MATCHING GAME CARDS Snow removal Flower seeds Snorkeling lessons Gardening Lifeguarding Lawn mowing Sand bucket and shovel Kite 8 MATHEMATICS AND ECONOMICS: CONNECTIONS FOR LIFE, NATIONAL COUNCIL ON ECONOMIC EDUCATION, NEW YORK, N.Y.

3 A SEASON OF GOODS - LESSON 1 ACTIVITY 1.1 (continued) MATCHING GAME CARDS Sailing lessons Watering can Lawn raking House cleaning Football refereeing Tree planting Hay-wagon rides Scarf MATHEMATICS AND ECONOMICS: CONNECTIONS FOR LIFE, NATIONAL COUNCIL ON ECONOMIC EDUCATION, NEW YORK, N.Y. 9

4 LESSON 1 - A SEASON OF GOODS ACTIVITY 1.1 (continued) MATCHING GAME CARDS Pumpkins Wool mittens Rake Wood chopping Apple picking Water-skiing lessons Snow-skiing lessons Snow shovel 10 MATHEMATICS AND ECONOMICS: CONNECTIONS FOR LIFE, NATIONAL COUNCIL ON ECONOMIC EDUCATION, NEW YORK, N.Y.

5 A SEASON OF GOODS - LESSON 1 ACTIVITY 1.2 SUMMER SCENARIO Directions: Your aunt wants to go to the beach for her birthday, and she would like to take you with her. You want to purchase a few things to make your trip more enjoyable. Your mother has insisted that you must take some sort of protection from the sun. You have $56.75 in your piggy bank. Answer the following questions and show all your work. (Use the back if you need more space.) A. List your purchases, and give two reasons why you chose each one. Remember, your Mom will not let you go without protection from the sun. B. How much did you spend? C. How much money do you have left in your piggy bank after your purchases? Items for Sale Beach ball Beach towel Sun hat Swimsuit Swimsuit cover-up Suntan lotion Sand bucket and shovel Beach umbrella Cooler Soda pop (6 pack) Inflatable toy Sailboat rides* Water skiing* Snorkel lessons* $4.50 $12.59 $11.99 $26.99 $14.79 $5.75 $2.29 $41.09 $10.99 $3.97 $6.70 $12.50 / 30 minutes $8.50 / 30 minutes $25.00 / hour D. What will you do with any remaining money? *You must purchase all services for at least 30 minutes. MATHEMATICS AND ECONOMICS: CONNECTIONS FOR LIFE, NATIONAL COUNCIL ON ECONOMIC EDUCATION, NEW YORK, N.Y. 11

6 LESSON 1 - A SEASON OF GOODS ACTIVITY 1.3 FALL SCENARIO Directions: Mike s friend gave him two tickets to the big football game. Mike invited you to go with him. Unfortunately, both of you have no savings, so you must earn some money to buy refreshments and souvenirs. Answer the following questions, and show all your work. (Use the back if you need more space.) A. Mike went to the game with $ Use the Jobs list and explain how you think Mike earned his money. B. Mike bought a hot dog, a cold drink and a foam No. 1 finger. How much did he spend? C. How much money did Mike have left? D. You went to the game with some money, but you didn t earn quite as much as Mike. How did you earn your money? How much did you earn? E. List your purchases and give two reasons why you chose the items you bought. F. How much did you spend? G. How much did you have left after making your purchases at the game? H. What will you do with any remaining money? Jobs Lawn raking Baby-sitting Apple picking Pumpkin harvesting Items for Sale Hot dog Pretzel Popcorn Cold drink Hot drink Team pennant Foam No. 1 finger Autographed football Program $10.00 / yard $3.00 / hour $2.00 / bucket $0.10 / pumpkin $2.25 $1.54 $1.23 $0.95 $0.98 $5.50 $7.99 $12.47 $ MATHEMATICS AND ECONOMICS: CONNECTIONS FOR LIFE, NATIONAL COUNCIL ON ECONOMIC EDUCATION, NEW YORK, N.Y.

7 A SEASON OF GOODS - LESSON 1 ACTIVITY 1.4 WINTER SCENARIO Directions: Your family has decided to take a special trip to the mountains for a winter vacation. You will be staying in a cabin that is near a ski resort in the mountains. You are very excited and decide to bring along some of your own money to purchase some extra items while you are there. You have $100 in the bank, but you take only half of this with you to spend. Answer the following questions and show all your work. (Use the back if you need more space.) A. How much money did you take on vacation? B. What did you purchase while on vacation? Give two reasons why you bought each item. C. How much money did you spend? D. How much money did you have left? E. What will you do with any remaining money? Items for Sale Ski goggles Scarf Wool mittens Fur boots Ski pants Lip ointment Ski lessons Ice-carving class Wood-chopper service Firewood Hot chocolate Snow shovel Map Winter hat Snow-removal service $16.35 $7.49 $5.25 $37.99 $24.99 $3.20 $29.90 / hour $8.50 / 30 minutes $12.00 / bundle $3.00 / bundle $1.25 $7.59 $2.00 $6.99 $20.00 / driveway MATHEMATICS AND ECONOMICS: CONNECTIONS FOR LIFE, NATIONAL COUNCIL ON ECONOMIC EDUCATION, NEW YORK, N.Y. 13

8 LESSON 1 - A SEASON OF GOODS ACTIVITY 1.5 SPRING SCENARIO Directions: Spring has arrived and you are excited about helping your grandmother plant her annual garden. However, your grandmother fell and broke her leg, so she will be unable to do the planting this year. She has decided to put you in charge of the garden, which is 50 square feet, and has given you $75 for the project. Answer the following questions and show all your work. (Use the back if you need more space.) A. List your purchases and give two reasons why you chose the items you bought. B. How much did you spend? C. How much do you have left? D. What will you do with any remaining money? E. Draw a picture that shows your garden, including labels showing where you are putting the items you purchased. Items for Sale Garden shovel Garden hoe Watering can Flower seeds Flowering plants large medium small $3.39 $6.50 $4.99 $0.49 / packet $8.99 $4.99 $2.99 Wood mulch* Bark mulch* Decorative rock* Garden statue Wind ornaments Gardener Truck delivery $3.29 / bag $3.97 / bag $6.70 / bag $12.99 $5.25 $25.00 / hour $15.00 Bird bath $25.00 *Each bag of mulch, bark and decorative rock covers 25 square feet. 14 MATHEMATICS AND ECONOMICS: CONNECTIONS FOR LIFE, NATIONAL COUNCIL ON ECONOMIC EDUCATION, NEW YORK, N.Y.

9 A SEASON OF GOODS - LESSON 1 ACTIVITY 1.6 ASSESSMENT: MY SEASONAL PURCHASES Summer Fall Winter Spring 1. Choose your favorite season. 2. Give three examples of goods related to your favorite season that you can purchase. 3. Give three examples of services related to your favorite season that you can purchase. 4. Write a paragraph that describes how you would purchase and use goods or services during your favorite season. Include in your paragraph at least three of the goods or services you listed above, and explain why you would buy them. Underline the goods and services that are complementary. MATHEMATICS AND ECONOMICS: CONNECTIONS FOR LIFE, NATIONAL COUNCIL ON ECONOMIC EDUCATION, NEW YORK, N.Y. 15

10 LESSON 1 - A SEASON OF GOODS 16 MATHEMATICS AND ECONOMICS: CONNECTIONS FOR LIFE, NATIONAL COUNCIL ON ECONOMIC EDUCATION, NEW YORK, N.Y.