Classroom Resource

Designing Money

Subject Area

Social Studies

Grade(s)

K, 1

Overview

In this learning activity, students research the history of American currency. Students discuss objects that were traded or bartered before the use of coins or paper money. Students take a closer look at the symbols in the Great Seal on paper money. Students design their own currency.

Content Standards

Social Studies (2010) Grade(s): KG

SS10.K.11
Identify symbols, customs, famous individuals, and celebrations representative of our state and nation. (Alabama)

Unpacked Content

Vocabulary

symbol
custom
famous
celebrations

Knowledge

Students know:

Our state and nation has certain symbols that represent it and its people.
There are certain customs common to citizens of our state and nation.
There are celebrations common to the citizens of our state and nation.
There are certain individuals who are widely recognized as representatives of our state and nation.
Vocabulary: symbol, custom, celebrate, celebration, represent, representative, state, nation, Alabama, United States, pledge, allegiance

Skills

Students are able to:

Identify various symbols of our state and nation, including the American flag, Alabama flag, bald eagle, etc.
Identify various customs of our state and nation, including reciting the "Pledge of Allegiance," singing the "Star Spangled Banner," etc.
Identify various famous individuals of our state and nation, including George Washington, Abraham Lincoln, Martin Luther King Jr., etc.
Identify various celebrations of our state and nation, including The Fourth of July, Memorial Day, Veterans Day, etc.

Understanding

Students understand that:

There are certain symbols, customs, celebrations, and famous individuals recognized by most citizens of our state and nation.

Social Studies (2010) Grade(s): 1

SS10.1.10
Describe the role of money in everyday life.

Unpacked Content

Vocabulary

money
needs
wants
saving
borrowing
buyers
sellers
specialized jobs
goods
services
barter
trade
spend
save

Knowledge

Students know:

How money plays a role in everyday life.
The difference between goods and services (for example, goods- food, toys, clothing; services - medical care, fire protection, law enforcement, library resources).
How money is the primary way to make purchases.
How money is earned through working (for example, job, chores, etc.).
The difference between purchases of needs and wants within their family.
How people save and borrow money.
How to differentiate between a buyer and seller.
Vocabulary: money, needs, wants, saving, borrowing, buyers, sellers, specialized jobs, goods, services, barter, trade, spend, save

Skills

Students are able to:

Recognize the primary role of money in everyday life.
Identify and describe needs and wants.
Describe saving and borrowing.
Describe buyers and sellers.
Describe the role specialized jobs play in the production of goods and services.
Identify and use appropriate vocabulary associated with the function of money (for example, barter, trade, spend, save).

Understanding

Students understand that:

Money plays a role in everyday life.
Families make purchases of needs and wants. Students understand the concept of saving and borrowing.
There is a difference between buyers and sellers.
We can classify the specialized jobs of workers with regard to production of goods and services.
There is an appropriate vocabulary to use to describe the function of money.

Interdisciplinary Connection(s)

Link to Resource

https://amhistory.si.edu/ourstory/pdf/money/money_design.pdf

Content Type / Source

CR Resource Type

Learning Activity

Resource Provider

Smithsonian

Accessibility

License

License Type

Custom

Custom License Type (URL)

https://www.si.edu/Termsofuse

Approved Date

2019-02-06

Curated by

Design by Adaptive Theme