Ann Dee Engman

Second Grade
What Are Economics?
Economics

Social Studies ELA Standard & Vocabulary Concepts/Essential Teaching Strategies Used Assessment of
Standard, Goal, & Objective Terms Questions Materials Students
Objective
Day 1 2.SS.3.1.1 RF.2.4 Economics: The RAFT- Journal entry KWL Chart for Writing- RAFT Students will
Identify wants and Read with sufficient production, about families (how each student about families be assessed
needs of all families. accuracy and distribution, many people, pets, as they fill out
fluency to support and etc.) Berenstain KWL Chart the L portion
comprehension. consumption Bears Book of their KWL
a. Read grade-level of goods and KWL Chart- What is Fluency- Assisted charts.
text with purpose and services. economics? Reading
understanding. (Berenstain Bears
b. Read grade-level Book- The Berenstain book)
text orally with Bears Get the
accuracy, appropriate Gimmes by: Jan &
rate, and Stan Berenstain
expression.
c. Use context to
confirm or self-correct
word recognition and
understanding,
rereading as
necessary.
Day 2 2.SS.3.1.1 RF.2.3 Wants: Not Venn-diagram of Venn-diagrams Comprehension- Students will
Identify wants and Know and apply necessary but wants vs. needs Venn-diagram be assessed
needs of all families. grade-level phonics wished for and Strips of paper when they
and word analysis desired. Word Wall of wants for the word Vocabulary- Word put up their
skills in decoding & needs: students walls Walls words on the
words Needs: will write down 2-3 word walls,
Goods/services words that describe the teacher
that are wants or needs and will see if they
required (food, place them understand
clothes, accordingly on the the difference
shelter, etc.) word walls. in wants and
needs.
 Ann Dee Engman
Second Grade
What Are Economics?
Economics

Day 3 2.SS.3.1.2 W.2.8 Earnings: How Book- Arthurs Pet Book- Arthurs Vocabulary- Students will
Define income and Recall information much money a Business by: Marc Pet Business Concept Map be assessed
identify different ways from experiences person or Brown as they make
to earn and save. or gather information company Large Poster for Comprehension- a concept
from provided sources makes in a Concept Concept Graphic map of ways
to answer a question. given time. Map/graphic map/graphic Organizer/concept that people
organizer- How can organizer map can earn
we earn money? money.

Day 4 2.SS.3.1.2 W.2.3 Write Income: Money Ways to earn money Play money (5 Vocabulary- PAVE The students
Define income and narratives in which received on a activity- Each student $1 bills for each will be
identify different ways they regular basis will earn money for student) Writing- Story assessed as
to earn and save. recount a well- for work or different things impressions they write a
elaborated event or through during the day. At Candy/prizes for story
short investments. the end of the day students impression
sequence of events, students can spend about how
include details to their money on they can earn
describe actions, prizes. and save
thoughts, and money.
feelings, use Story Impressions-
temporal words to Students can work in
signal event order, pairs to write how a
and student can earn
provide a sense of income at school.
closure.
Day 5 2.SS.3.1.3 SL.2.4 Services: No Center Activities- 3 Paper to write Vocabulary- Four- Students will
Identify the difference Tell a story or recount physical goods centers (plan the paragraphs Square be assessed
between goods and an experience are exchanged. vacation and list and list for each as they do
services. with appropriate facts goods/services family student Comprehension- their four-
and relevant, Goods: Physical will consume, write Inferring on the list squares on
descriptive details, goods and paragraph titled My Magazines, for a family the terms
speaking audibly in materials are Favorite Goods and scissors, glue, vacation goods and
coherent sentences. exchanged. Services I Consume and paper for services.
 Ann Dee Engman
Second Grade
What Are Economics?
Economics

Every Day, and students to

make a poster for make their
show & tell with posters.
magazine pictures
with goods and
services the student
uses.
Day 6 2.SS.3.1.4 RL.2.1 Producer: Asking Questions- Plain paper for Comprehension- The students
Identify differences Ask and answer such Someone who any questions to help each student to Asking Questions will be
between producers questions as creates and describe and relate make a booklet assessed as
and consumers. who, what, where, supplies goods the term producer to Comprehension- they write
when, why, and how or services. the students. Making their book on
to connections- an example of
demonstrate Activity- Assembly students will make when they
understanding of key Line Booklet connections about were a
details in Production (divide items in real life consumer and
a text. class into groups of that someone what it was
4-5, give each person produces for them. that the
a job in the line, start producer
folding booklets) made.
after booklets have
been made the
students will make a
book telling about a
time when they were
a consumer and what
the producer made
for them.
Day 7 2.SS.3.1.4 RI.2.6 Consumer: Activity- Students will Where Does This Fluency- Repeated Students will
Identify differences Identify the main Someone who finish this booklet Come From? reading with the be assessed
between producers purpose of a text, uses goods and and fill it out the Bubble Gum book as they make
and consumers. including what the services. pages, stating what a book their T-Chart
author wants to consumer and Comprehension- T- about
answer, producer are and Chart in their producers and
explain, or describe. booklets consumers
 Ann Dee Engman
Second Grade
What Are Economics?
Economics

have examples of
both.

Book- Where Does

This Come From?
Bubble Gum by: H.I.
Peeples
Day 8 2.SS.3.2.1 RI.2.4 Limited Bartering Activity- Popsicle stick Writing- Story The students
Explain how natural Determine the Resources: Have a variety of cards with items impressions will be
resources affect meaning of words and Scarce or little cards with animals, to barter. assessed on
economic activities in phrases in a text amounts of food, clothes, etc. on Writing- 6 traits their
the local community. relevant to a grade 2 consumer a popsicle sticks. with their Journal knowledge of
topic wants. Students will barter paragraphs. bartering and
or subject area. with one another for how some
Barter: different items. resources are
Exchanging limited as
goods or Journal Entry- they write a
services for Students will write a story
other goods paragraph as if they impression in
and services. lived back when their journal.
bartering was
common and what
they would barter.
Day 9 2.SS.3.2.1 RI.2.3 Trading: The Role-Play: Each Cards with Fluency- Assisted The students
Explain how natural Describe the process of student will be given companies and reading will be
resources affect connection between a buying and a card that has a people who assessed as
economic activities in series of historical selling goods different trade. Comprehension- they make
the local community. events, scientific ideas and services company/person that making a list and their lists
or concepts, or steps with trades with others. determining about trade
in technical compensation. The students will importance with with buying
procedures in a text. share with the class their community and selling
Buying: When what they buy and and what is bought and talk about
someone buys sell. and sold. what their
a good or company
service from trades.
 Ann Dee Engman
Second Grade
What Are Economics?
Economics

someone else Determining

using money. importance- students
will make a list
Selling: When a inferring what they
person gives think their local
someone else a community sells and
good or service things they might
for money. have to buy. Teacher
will go over it with
the class.

Book- A Chair for My

Mother by Vera B.
Williams
Day 2.SS.3.4.1 RL.2.1 Savings: Money Asking questions- the Paper with Comprehension- The students
10 Identify reasons Ask and answer such that is set aside teacher will give the questions asking questions will be
people save. questions as or not used at students a paper that assessed as
who, what, where, that point in has questions about Comprehension- T- they fill out
when, why, and how time. saving on it. the chart the answers
to students can talk to the
demonstrate about it in pairs and questions on
understanding of key make a T-chart of the paper
details in what they would given to them
a text. save money for and about saving.
what their partner
would save money
for.