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K–12 teaching and learning · from the UNC School of Education

A Pet for Beans from 'Jack and the Beanstalk'

http://www.econedlink.org/lessons/index.cfm?lesson=EM289&page=teacher

A lesson plan for grades K–2 Social Studies

Provider: National Council on Economic Education


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In this EconEdLink lesson, students learn about trading. They will read the fairytale of “Jack and the Beanstalk” and discuss why Jack trades his pet cow for beans. Students will be given a series of opportunities to exchange one item for another and explain which exchanges are examples of barter and which ones involve the use of money. This lesson incorporates a student interactive 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 6.03: Participate in activities that demonstrate the division of labor.
    • 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.
    • Objective 7.05: Analyze the changing uses of a community's economic resources and predict future changes.

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 6.02: Examine the concept of scarcity and how it influences the economy.
    • 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.