It’s important for students to know a bit about barter. After all, barter was the beginning of trade and the source from which all modern commerce springs. Barter has mainly fallen out of use today because it is an inefficient economic system. Why is it inefficient? This fun activity from Lesson 2 of The 21st Century Student’s Guide to Financial Literacy brings home the realities of the barter system. In this lesson, students are trying to find a double coincidence of wants — which is a requirement for a successful barter.
What kinds of obstacles do your students face to postsecondary education? Consider the following college knowledge profiles, then select from the activities below to help your students advance their college knowledge before heading to high school. (This was originally posted for rising 8th graders, but the activities can be adapted to any grade.)
According to Champlain College’s Center for Financial Literacy,U.S. students have a long way to go to be financially literate. Let’s get them started with this fun lesson from The 21st Century Student’s Guide to Financial Literacy – Going Global. Students explore the diverse traits of innovators and consider whether they, personally, have what it takes to innovate. Students reflect on themselves as products in R&D.