In second grade, students have to learn about producers and consumers as well as goods and services. At the beginning of the year, I use my social studies curriculum to introduce the terms and tell my students they will actually have the chance to act as producers and consumers. At my school we give "Panther Paws" for good behavior, so I tell them that in our classroom it is like money. They will earn as many as they can before our first Market Day at the end of the first trimester.
Here are some students getting ready to sell some goods and services:
Throughout the trimester, students have many opportunities to earn Panther Paws and are responsible for saving them. At the end of the trimester, they are sent home with a parent letter (see my freebie below) describing how Market day works. Basically, students may run a booth that sells goods or services and close their booths for awhile so they can shop at other booths. Some students choose to just be consumers, but most choose to have a booth. We spend lots of time discussing the types of goods and services that would be appealing to second graders and I encourage them to price their items accordingly. We always set a limit of 5 the first trimester and 10 the second and third trimesters.
I highly encourage you to try it out! You can do it once a year or several times a year, depending on your schedule. You can also opt to use your school's behavior incentives or the ones I created in my freebie below. The first file includes food items as part of Market Day and the second file excludes it as an option in case you don't want anyone to bring food to the event.
Click on the link below to download the Market Day file that includes food:
Just add a text box to the parent letter to add a date and you are set! I'm planning on creating a Market Day product for my store that will include activities to do before and after the event. I can't wait to post it soon! Thanks for hanging in there with this long post. I've been so excited to write about Market Day and hope to get feedback about how you will/would use it in your classroom!