Economics, LECC style
Posted Friday, April 8, 2016
Loveland Early Childhood Center (LECC) students turned entrepreneurs Thursday, March 24, when the first-grade students opened their own businesses for an economics lesson. After learning about needs, wants, goods, and services, students worked in groups to create a business plan.
“This was a detailed lesson for first-grade,” said LECC Principal Kyle Bush. “As part of the business plan development, the students decided on whether to sell a good or service and set their prices. Students then worked hard to produce the goods and prepare the materials for their services.”
LECC businesses included face painting, pencils, fact fluency practice, pet rocks, crafts, and a photo booth. Students used “Tiger Bucks” to go shopping at their classmates’ stores.
Photo caption (L to R): LECC students Sophia Godich, Jacob Higley, Evan Burton, Rory Strayer and Sonny Seoldo bought and sold goods and services as part of an economics lesson March 24.