Our Classroom Market Simulation Day

Grade 1 Social Studies Exploring Goods and Services Lesson 4 of 10

I Can Statements - Today's Learning Goals

I can explain the difference between producers and consumers I can prepare goods or services for our classroom market I can participate as both a producer and consumer I can complete my Market Simulation Plan

Let's Review: What Do You Remember?

Who can tell me what a GOOD is? Can you give me an example of a SERVICE? What is the difference between a producer and a consumer?

Producers vs. Consumers

{"left":"Producers MAKE or CREATE goods and services\nConsumers BUY or USE goods and services\nA baker makes bread (producer)","right":"You buy bread at the store (consumer)\nSometimes we can be BOTH!\nIn our market, we'll try both roles"}

Create Your Market Simulation Plan

Step 1: Choose what you will make (goods or services) Step 2: Plan how to prepare it Step 3: Decide how to sell or share it Use pictures and simple words on your worksheet

Market Day Roles - Everyone Participates!

Makers: Create goods and services Sellers: Help run the market stalls Buyers: Use tokens to purchase items Helpers: Support classmates who need assistance

Our Market Day Schedule

Success Criteria - How We Know We Did Great!

Complete our Market Simulation Plan Participate actively as producers AND consumers Work together and help our classmates Share what we learned about goods and services