Lesson 6: Uses of Money

Getting Started

Questions to Explore

• What do the communities provide for the people who live in them?
• What are the responsibilities of community members?

Facts and Definitions

• People spend, save, and give money they earn.
• People work for money.
• People use money to purchase goods and services to satisfy their wants and needs.

Skills

• Identify uses of money (spending, saving, giving) (SS)
• Describe how people work to earn money (SS)
• Recognize markets and their role in the exchange of goods and services (SS)
• Describe characteristics of jobs and a job well done (SS)
• Practice single-digit addition (M)
• Use groupings of twos, fives, and tens to solve problems (M)
• Develop vocabulary by listening to and discussing new words (LA)
• Use new vocabulary in writing (LA)
• Use writing to communicate an idea (LA)
• Compose complete sentences with punctuation (LA)
• Apply understanding of letter sounds and attempt to spell words (LA)

Materials

• a variety of items that satisfy wants and needs with dollar price tags
• scissors

Introduction