This is a classroom economy intended for first, second, and third grade students that utilizes money and jobs (including a job application) without rewards and punishments. There are no debits or credits for behavior or finishing/not finishing work. This is set up to work as close to real life as possible (they can lose their job if they are not keeping up with it or if they are not keeping up with class work.)
Students have an application that requires a persuasive essay - even first graders can write a few sentences about themselves. The first time around the teacher does the interview and selects worthy workers.
Students do their job for two weeks. The next set of interviews are conducted by the person who had the job last. This will lead to a child-run economy with the teacher stepping in just to help.
The money selected is the closest I could find to real. There are no silly pictures or homemade money - this is just like the real deal. Each child starts the year with $5.00. It is up to them to save it or blow it. They may or may not get a job right away so they need to learn to save. The inventory staff will keep track of items selling and let me know what I need to get more of. Oh, and there is also a tax - when they get their pay they have a mandatory backpack and cubby tax (mandatory) of 10%. This is a real shock to some of them. This kit contains forms with three different designs, including blank forms to print and add your own information. There are price tags, open/closed signs, name signs, application, inventory, and book-keeper notes. I have also shared where I found everything needed to start your own classroom economy!