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1. The teacher divides the class into two teams and calls one student from each team to the board to participate in the writing race. Do not allow the students to hold the marker or the chalk. 2. The teacher says a number and the first student to pick up their writing utensil, write the number correctly on the board, place their writing utensil back down on the writing board shelf with cap on (if its a marker), sit down in the chair and raise their hand wins. 3. Each pair of students should get three opportunities to write different numbers each time they go to the board. Which ever student wins two out of three writing races earns one point for their team. 4. Continue the above sequence until every student has had a chance to write at least once. If the teacher feels that it is necessary to continue to play the game he or she may do so. Stock Market Activity - Stock Market Madness! Objective: To teach the basic workings of the stock market and key terms that relate to the Great Depression. Materials: white board/blackboard, writing utensils (pens and pencils for the students, chalk or markers for the writing board), Risen and Fallen spinner, Great Depression spinner, play money, money amount deck of cards, share cards, loan application forms, default cards, foreclosure cards, two calculators and individual stock market scripts. Object: The object of the game is to make more money than everyone else by playing the stock market. Set-up: Across the top of the writing board write down the names of five potential stock companies (ex. Coke Cola, Walmart, Sony, McDonald's, and Blockbuster) and set up a small table (label the table STOCK MARKET) next to the writing board with both spinners on it. On one side of the room set up a table (label the table BANK) with play money, default cards, foreclosure cards, one calculator, and loan application forms and on the opposite side of the room set up a table (label the table BROKER) with play money, a calculator, money amount deck of cards, and stock share cards. One student needs to work at the BANK table, one student needs to work at the STOCK MARKET table and one student needs to work at the BROKER table. The rest of the students start with no money! In the beginning all stocks cost $2. ROUND 1 1. The students must take their script, go to the bank, fill-out a loan application form and say, "I would like to take out a loan for _________ dollars please." The bank gives the students the money and may allow the students to borrow as much money as they want, but the student must pay it back every 5th round. The banker must keep track of how much money each
student owes. 2. The students must take their script, go to the broker and say, "I would like to purchase____ shares of ______ please." The students are allowed to purchase as many stocks as they have money to purchase and the broker must give each student a share card for each stock share purchased. 3. The stock market spins the Risen and Fallen spinner and reads where the arrow has landed (ex. Risen) and calls out, "The stock market has risen!" 4. The broker draws a card from the money amount deck and calls out each company with the corresponding amount card (ex. The broker draws the first card and says, "The Coke Cola stock has risen 1 dollar." The broker draws the second card and says, "The Walmart stock has risen 3 dollars." Etc....). While the broker is calling out the stock amounts the stock market is writing the total amount of the stocks on the board (ex. Coke Cola started at 2 dollars and has risen 1 dollar, so the stock market draws an up arrow - to indicate that the stock has risen - and writes 3 dollars under the Coke Cola stock on the board). 5. The students now have the option of selling their shares back to the broker for a profit or a loss depending on how their stock did. If the students chose to sell their shares, they must pay back as much money to the bank as they can and say, "I would like to put ________ dollars towards my loan." The banker should adjust the students loan application as necessary (ex. After Jim's stocks drop he sells the shares back to the broker and then pays the banker, but since the stocks dropped and Jim only has 15 dollars instead of 20 dollars the banker then writes on Jim's loan application that he only owes 5 dollars). 6. After the students finish selling their shares back to the broker and paying back the bank round 1 is completed. ROUND 2, ROUND 3 and ROUND 4 - repeat ROUND 1 ROUND 5 1. Same as previous rounds. 2. Same as previous rounds. 3. The stock market spins the Great Depression spinner, which indicates whether the stock market has risen, fallen or crashed. The stock market then calls out the corresponding situation. 4. If the stock market has either risen or fallen, repeat steps 4 through 6 from round one, but everyone must pay back the bank. If the stock market has crashed all the students must give all of their shares back to the broker and proceed to settle accounts with the bank. 5. The students must pay back the bank any money that they have. If the students are unable to pay off their loan they say, "I am not able to pay, I do not have any money," then the banker says, "Your loan is in default, the bank must foreclose on your house." The banker then gives the student a default card and a foreclosure card. The bank must continue to keep track of how much money the students still owe.
6. The student with the most money wins! If all students default, all students loose. Continue playing as time permits and/or students are having fun. Poster Activity: Divide the students up into pairs and have them look through magazines to try to find pictures that might reflect the time period of the Great Depression. The students are to glue the pictures they find onto the poster board and when they are finished explain their poster to the class. Storybook: Read a storybook that deals with the Great Depression or something specific related to the Great Depression in order for the students to receive less formal input that they can remember later. Simplified/mainstream Text: The students should read the simplified text with the teacher and specific vocabulary from the text should be taught. If the students are able, the mainstream text should be read by the students with the teacher's assistants (if needed), all homework or exercises from the text should be completed with the help of the teachers (if needed). The first two activites (Number writing races and Stock Market Madness) should fit into about a 1-2 hour time frame (of course I've never actually played Stock Market Madness)and then the other activities would be implemented. Depending on the needs of the students and the teacher, I think that the activities regarding the poster and books could be very short or very long - it just depends on a lot of things. Note: there are a lot of materials that go with Stock Market Madness! If anyone is at least interested in seeing the supplemental materials I can certainly email them to you or even post them on this blog (with the exception of the money and spinners). Posted by Alan Clipperton at 9:06 PM