Grade 3 · Social Studies · Lesson 38

Class Economy Simulation

An economy is the system by which a community produces, distributes, and consumes goods and services. Every town, country, and classroom can have its own mini economy — and today you are going to experience one first-hand.

What this lesson teaches

1Take on the roles of worker, producer, and consumer in a class economy
2Earn and spend play money while staying within a budget
3Explain how individual choices affect the whole economy

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