A Market in Ancient China (Based on a lesson by Edna Cain & Martha Hopkins) Introduction: Assuming the role of Chinese merchants, students will participate in two exchanges; first bartering then purchasing items on their shopping list using “knife money”. Objectives: The student will understand the concept of barter, or trade The student will discover that bartering can be time consuming and difficult The student will be introduced to early forms of money used in The student will discover the merits of using money as a means of exchange The student will be introduced to the various and services produced by the people in Ancient China Standards of Learning: K.7b The student will recognize that people use money to purchase goods 2.8 The student will distinguish between the use of barter and in the exchange for goods and services. Materials: Student Shopping Lists Student Merchant Labels Sets of Product Sets of Chinese Money Colored Paper Tape for Merchants’ Labels Envelops (two for each student) Visuals- What is Money? and The Attributes of Money Procedure: Prepare materials to class. Create Visuals. Copy and cut out shopping using colored paper. (two per student) Copy and cut out Merchant Labels. (two per student) Make copies of Product Cut out. (To determine the number to make, take the number of copies of the Shopping Lists made and multiply by five. In each round, each student will need five product cards for the product they are trading.)
A Market in Ancient China (Based on a lesson by Edna Cain & Martha Hopkins) Introduction: Assuming the role of Chinese merchants, students will participate in two exchanges; first bartering then purchasing items on their shopping list using “knife money”. Objectives: The student will understand the concept of barter, or trade The student will discover that bartering can be time consuming and difficult The student will be introduced to early forms of money used in The student will discover the merits of using money as a means of exchange The student will be introduced to the various and services produced by the people in Ancient China Standards of Learning: K.7b The student will recognize that people use money to purchase goods 2.8 The student will distinguish between the use of barter and in the exchange for goods and services. Materials: Student Shopping Lists Student Merchant Labels Sets of Product Sets of Chinese Money Colored Paper Tape for Merchants’ Labels Envelops (two for each student) Visuals- What is Money? and The Attributes of Money Procedure: Prepare materials to class. Create Visuals. Copy and cut out shopping using colored paper. (two per student) Copy and cut out Merchant Labels. (two per student) Make copies of Product Cut out. (To determine the number to make, take the number of copies of the Shopping Lists made and multiply by five. In each round, each student will need five product cards for the product they are trading.)
mini-economy_lesson,_chinese_marketplace_trading_activity.docx