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McREL Standards Activity


Going Camping


Purpose:As a result of this activity, students will understand that making choices can be difficult because they often involve trade-offs.
Related Standard & Benchmarks:
Economics
 Standard 1.Understands that scarcity of productive resources requires choices that generate opportunity costs
   Level II [Grade 3-5]
   Benchmark 8. Understands that choices usually involve trade-offs; people can give up buying or doing a little of one thing in order to buy or do a little of something else
Language Arts
 Standard 1.Uses the general skills and strategies of the writing process
   Level II [Grade 3-5]
   Benchmark 7. Writes expository compositions (e.g., identifies and stays on the topic; develops the topic with simple facts, concrete details, examples, definitions, quotations, and explanations; uses domain-specific or content area vocabulary; excludes extraneous and inappropriate information; uses logical organizing structures such as cause-and-effect, chronology, similarities and differences; uses several sources of information; provides a concluding statement)
Language Arts
 Standard 8.Uses listening and speaking strategies for different purposes
   Level II [Grade 3-5]
   Benchmark 1. Contributes to group discussions
Language Arts
 Standard 8.Uses listening and speaking strategies for different purposes
   Level II [Grade 3-5]
   Benchmark 3. Responds to questions and comments (e.g., gives reasons in support of opinions, responds to others’ ideas)
Student Product:A list of choices and a written explanation of these choices
Material & Resources:No special resources required for this activity.
Teacher's Note:No supplementary notes for this activity.
Activity
Because money is a limited resource, people must make important choices about how to spend it. These choices often involve trade-offs; people must often give up buying one thing in order to buy something else. In order to help students to understand the concept of trade-offs, ask students to imagine that they are going on a camping trip and have $120.00 (money that they have saved) to spend on some camping supplies. The local camping supply store offers certain types of supplies (listed below) at the specified prices. Ask students: Which supplies will you buy and why? Which supplies will you choose to go without? Tell students that each of them will need to make a list of the supplies that he or she will buy, the prices for each item, the total amount that he or she will spend, and the reasons that he or she has made these particular choices. When students have completed the activity, initiate a class discussion about the choices that the students made. Which items were most commonly chosen by the students? Which items were the least popular choices? What were the factors that influenced the students’ decisions in making trade-offs? Supplies carried by the camping supply store: tent for 3 people - $60 tent for 2 people - $35 emergency blanket - $15 emergency towel - $3 utensils - $3 sewing kit - $3 rain poncho - $5 lightweight radio - $30 matches - $3 6" hunting knife - $12 Swiss army knife - $25 fire starter kit - $7 flashlight - $8 compass - $10 cooking set - $30 canteen - $6 emergency candle - $7 binoculars - $30 emergency supply kit - $25 backpack - $40