It's+a+Bear+of+a+Market

Project title: It’s a “bear” of a market

Grade level: 4th

Name: Michelle Aivaz

Project overview: Students take on the role of an entrepreneur by creating a product to market at the local farmer’s market. The students will understand concepts of a market economy and it’s impacts on lives. Students will create written reflections explaining how their product can impact the economy in NC. The project will include fate cards that present real life problems (cost of supplies increasing, weather conditions preventing the opening of the farmer’s market, cost of gas decreasing). Students will create a variety of products throughout the project for formative assessment as well as a culminating activity.

Driving Question: What do I need to know as entrepreneur to create a marketable product at a local Farmer’s Market?

Content: local and state market economy, reading informational text (web and brochures), writing to inform and persuade, business planning (math) S.S. Standards: 4.E.1 Understand how a market economy impacts life in North Carolina. 4.E.1.1 Understand the basic concepts of a market economy: price, supply, demand, scarcity, productivity and entrepreneurship. 4.E.1.2 Understand how scarcity and choice in a market economy impacts business decisions. 4.E.1.4 Explain the impact of entrepreneurship on the economy of North Carolina.

4.E.2 Understand the economic factors when making personal choices. 4.E.2.1 Explain how personal financial decisions such as spending, saving and paying taxes can positively and/or negatively affect everyday life. 4.E.2.2 Explain how scarcity of personal financial resources affect the choices people make based on their wants and needs.

Math Use place value understanding and properties of operations to perform multi-digit arithmetic. 4. Fluently add and subtract multi-digit whole numbers using the standard algorithm. 5. Multiply a whole number of up to four digits by a one-digit whole number, and multiply two two-digit numbers, using strategies based on place value and the properties of operations. Illustrate and explain the calculation by using equations, rectangular arrays, and/or area models.

LA L 1. Demonstrate command of the conventions of standard English grammar and usage when writing or speaking. L 2. Demonstrate command of the conventions of standard English capitalization, punctuation, and spelling when writing. SL 1. Engage effectively in a range of collaborative discussions (one-on-one, in groups, and teacherled) with diverse partners on //grade 4 topics and texts//, building on others’ ideas and expressing their own clearly. W4. Produce clear and coherent writing in which the development and organization are appropriate o task, purpose, and audience. (Grade-specific expectations for writing types are defined in standards 1–3 above.) W. 5Conduct short research projects that build knowledge through investigation of different aspects of a topic.

Major student products: Tri-fold Brochure Glogster Oral presenation