Wednesday, March 20, 2013

Market Day

Market Day was a lot of fun.  Our PYP unit was How We Organize Ourselves, we called it Let's Trade.  During Let's Trade we were learning about economies.  Our summative assessment was Market Day!  All of the 4th grade classes made a product or service of their choice.

First we had to decide what we should provide as a product or service.  Second, we had to get approved.  Third, we filled out our business plan.  Fourth, we got to start making it.  When the big day came we turned our pencil box into a cash register and put our pencils in a bag.  When we got money, we wrote our name on three of the one dollar bills to see if the money would flow around like when we read the book The Go Around Dollar.

Finally, we got all of our products or services set up.  Then we got our recording sheet to keep track of how much we sold.  A couple minutes later, people from the other classes started coming in to buy things.  Some people were not having good business sales so they were lowering their prices.  Other people lowered their prices because of compitetion. 

We were the last class to shop on Market Day and some businesses had already sold out!  Market Day was a lot of fun!

By Katie and Elana

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