Arthur’s Pet Business: Goods & Services
Presentation provided by: Natalie McLaughlin, Community Financial Members Credit Union, email@example.com, (734) 582-8774; & Beth Troost
Outlined by: Kathy Hoen, Community Choice Credit Union, firstname.lastname@example.org, (734) 421-7180
Source: Adapted from Arthur’s Pet Business by Marc Brown
Age or Grade: Elementary – 1st and 2nd grade
Subject Matter: Simplified economic concepts
Length of Presentation: 30 minutes-1 hour
- Can be expanded based on age group or time available
- Storybook: Arthur's Pet Business by Marc Brown
- Speaker notes and objective, also available in PDF
- "Arthur" activity worksheet, Also available in PDF, (Customize with graphics and make one copy for each student)
- Chalkboard, whiteboard or flip chart
- Introduce yourself to the students. Tell about your job at your credit union.
- Talk to the students about economic choices & the difference between needs and wants.
- Explain ‘goods’ and ‘services’. Make a list on the board.
- Read ‘Arthur’s Pet Business’ to the students. Keep the ending a surprise!
- Complete the ‘Arthur’ worksheet with the students.
Grade Level Michigan Educational Standards & Benchmarks Supported:
- Social Studies (Michigan Contents Standards & Draft Benchmarks, 1995)
- Strand IV Economic Perspective
- Content Standard 1. Individual and household choices
- Identify ways families produce and consume goods and services
- Content Standard 2. Business choices
- Connect economic needs with businesses that meet them
- Select a particular good or service and describe the types of resources necessary to produce and distribute it.
- Content Standard 4. Economic systems
- Identify examples of markets they experience in their daily life.
- Distinguish between producers and consumers in a market economy.
- Content Standard 5. Trade
- Recognize economic exchanges in which they participate.