Costs and Benefits of 'The Three Little Pigs'
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A lesson plan for grades K–2 Social Studies
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In this EconEdLink lesson, students examine the costs and benefits involved in the classic story “The Three Little Pigs.” Students identify the costs and benefits of decision making as they look at positive and negative outcomes of different decisions. This lesson incorporates an interactive student activity and links to a variety of web resources.
North Carolina Curriculum Alignment
Social Studies (2003)
Grade 1
- Goal 6: The learner will apply basic economic concepts to home, school, and the community.
- Objective 6.01: Examine wants and needs and identify choices people make to satisfy wants and needs with limited resources.
- Objective 6.02: Describe how people of different cultures work to earn income in order to satisfy wants and needs.
- Objective 6.06: Identify the uses of money by individuals which include saving and spending.
Grade 2
- Goal 7: The learner will apply basic economic concepts and evaluate the use of economic resources within communities.
- Objective 7.01: Distinguish between producers and consumers and identify ways people are both producers and consumers.
- Objective 7.02: Distinguish between goods produced and services provided in communities.
Kindergarten
- Goal 6: The learner will apply basic economic concepts to home, school, and the community.
- Objective 6.01: Distinguish between wants and needs.
- Objective 6.04: Give examples of how money is used within the communities, such as spending and savings.
- Objective 6.05: Explore goods and services provided in communities.
