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Theme 1 Lesson 1:
A Good Day for Money
The students listen to a short story introducing them to Penny and Nicholas, the "Money Kids." They discuss ways in which people receive money - through earning income or receiving gifts. They are introduced to the concept of human capital (work skills) and the relationship between people's ability to earn income and the education and training they have. The students also produce a paper chain representing ways in which they have received money.
Concepts
- Capital
- Income
- Gift Money
- Money
- Producers
- Human Capital
Standards in Economics and Personal Finance
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