This unit is a great way to get students thinking about economics in a way that they will understand. This five day real life activity gets students thinking creatively about supply, demand, needs, wants, and a budget.
Students have the ability to purchase as much or as little product as they want each day, and then based on the scenario that you present them with them fill out their budget to know what their profit and losses are for the day. Then they continue and work again the next day to keep their business building.
This engaging activity will not only help your students work a budget, but will also help them explore demand versus supply.
I hope that you and your students enjoy this fun activity, and it helps bring your social studies unit to life!