One Cent, Two Cents, Old Cent, New Cents

Since Common Core State Standards emerged, informational texts have become very important in the classroom. Opposite to fiction, informational texts are classified under “non-fiction” texts. However, in elementary content areas, a hybrid form of text, a fact-packed book that uses fictional characters to provide information, is gaining popularity.

In Economics, these texts can be particularly useful. Take for example One Cent, Two Cents, Old Cent, New CentIn this book, children learn about the history of money and the different attributes of currency.

This is an excellent text to use with third grade Florida Social Studies standards about the characteristics of money: Standard SS.3.E.1.2 Standard 1: Beginning Economics List the characteristics of money.

Dr. Suess book titled: One Cent, Two Cents, Old Cent, New Cent

While sharing this book in an interactive read-aloud, have your students take notes about the characteristics of money they find in the story. Conduct a shared reading of selections from pages 1-5 of the Federal Reserve Money text as a resource to help organize student information. For example, students can categorize their information under: 1) what is money?; 2) uses of money (medium of exchange, unit of account, and store of value); and/or 3) the six characteristics of money (durable, portable, divisible, scarce, uniform and acceptable).    

Then, have students visit some other sites to validate and/or add to their facts:

 

U.S. Currency: Know Your MoneyU.S. Gov. Money Factory VideosBureau of Engraving and PrintingThe History of U.S. Currency

Performance Task: Students can collect their evidence and choose some images from the websites to create their own digital stories to show their knowledge. The easiest way to create digital books is to have students use PowerPoint (especially if they already know how to create slide shows). They can transfer their skills to use PowerPoint to make books that show digitally and can also print out.

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About Deborah Kozdras

Instructor and Chief Creative Officer at the Gus A. Stavros Center for Free Enterprise and Economic Education at the University of South Florida.
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