Theme 1 Lesson 2:
Urban Mouse and Rural Mouse

The students use an index of businesses for a fictional community to learn why people create businesses to provide goods and services in their communities. They read an adaptation of the fable 'City Mouse, Country Mouse,' here titled 'Urban Mouse and Rural Mouse.' They use the story to learn about entrepreneurs, opportunity recognition, income, costs of production, and profit.

Visuals & Activities


  • Costs of Production
  • Entrepreneur
  • Goods
  • Income
  • Production
  • Profit
  • Revenue
  • Services

Standards in Economics and Personal Finance

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