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Mini-Society Economics Worksheet

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Mini-Society Economics Worksheet

🏪 Part 1: Understanding Our Classroom Economy

1. In our mini-society, what is the currency we use to trade goods and services?

Canadian dollars

Classroom tokens

Trading cards

Points on a chart

2. Which of these are examples of jobs in our classroom mini-society? (Check all that apply)

Banker

Store manager

Teacher's assistant

Librarian

3. If you earn 20 tokens per week but spend 25 tokens, what economic problem are you facing?

You have a surplus

You have a deficit

You are breaking even

You need to trade more

4. What does it mean to have a "budget" in our mini-society?

A budget is a plan for how you will _________________ and _________________ your tokens or money.

💼 Part 2: Planning Your Mini-Business

5. Design a simple business card for your classroom business. Include: business name, your job title, and one service you provide.
6. If you were starting a pencil-sharpening business, list three things you would need to consider:
7. Your friend wants to trade 3 erasers for your 2 bookmarks. Explain whether this is a fair trade and why:
8. Create a simple weekly budget. You earn 15 tokens per week from your classroom job:

Rent for desk space: _______ tokens

Snack purchases: _______ tokens

Savings: _______ tokens

Fun activities: _______ tokens

Total spent: _______ tokens

🤝 Part 3: Teamwork and Decision-Making

9. Your mini-society needs to decide on new rules for the classroom store. Describe two ways your class could make this decision together:
10. Problem-solving scenario: The classroom bank has run out of tokens, but students still want to trade. What are two possible solutions?

Solution 1: _________________________________________________

Solution 2: _________________________________________________

11. Reflection: What is one thing you learned about working together in our mini-society? What is one challenge your team faced?

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