Give
each child a plastic sandwich-size bag containing identical items, such
as a crayon, an eraser, a marble, a small toy, a wrapped cracker, four
or five raisins or grapes, wrapped securely.
Assign
a monetary value (realistic or fanciful) to each item.
List
the prices on the chalkboard or work sheet.
Tell
the children to use the price list to figure the total value of their
bags.
Explain
the nature of bartering.
Invite
two children to role-play the process with you to demonstrate the
concept.
Tell
children that they can barter their goods with classmates for 10
minutes, bearing in mind the money value of their unwanted items as
they trade for something more desirable.
Close
your door during this segment...it gets noisy!
When
the alloted time has elapsed, children check the contents of their bags
again
to
determine their new values before preparing statements showing profit
or loss.
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