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Using real or paper coins, students will discuss what they know about coins, coin values, and place their coins in value order. This lesson answers questions about what coins are and how we can spot the differences between coins.
Students will learn about the evolution of coins, and will create their own coin, using the various features that have been carried over into modern times.
Students will explain the meanings of spending and earning and associate the correct mathematical function with each one. Students will also make change up to a dollar.
Students will identify natural, capital and human resources. They will be able to explain the economic concepts of production and production resources.
Students will thoroughly understand the purpose and functions of the Federal Reserve System and its effect on our nation's economy. They will learn that monetary policies are decisions by the Federal Reserve System that lead to changes in the supply of money and the availability of credit. Changes in the money supply can influence overall levels of spending, employment, and prices by inducing changes in interest rates charged for credit and by affecting the levels of personal and business investment spending.
Students will research and present information about the purpose and structure of the Federal Reserve System and its relationship with the United States Department of the Treasury.