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In order to be successful in business we must understand how money works! This practical and fun workbook is packed with fascinating information and learning prompts. The activities and lessons will help students to understand money, business, economics, government, and so much more.
Students will study how money works and how the government influences the economy. this book is current! Students will also research topics such as how the COVID-19 Pandemic is impacting the United States and the world today. They will also look into historic events that changed the country such as the Great Depression. In order to understand the future, we must learn from the past. In order to succeed we must understand why so many businesses fail, and why others thrive even in hard times. It is also vital for students to understand how different forms of government can have a negative or positive influence on the economy of a region.
We suggest that the student uses the book “Whatever Happened to Penny Candy? A Fast, Clear, and Fun Explanation of the Economics You Need For Success in Your Career, Business, and Investments” (An Uncle Eric Book) by Richard J. Maybury and Jane A. Williams
This book will serve as an excellent companion book for this workbook.
Students will also use the internet, videos, and library books for research.
View the table of contents to find out what topics are covered:
Table of Contents:
Part 1: Understanding Money
6 What is currency?
8 The history of money
10 Money around the world
12 Budgeting money
14 What is a bank?
16 What is credit?
17 Credit cards
19 Good debt vs. bad debt
Part 2: Understanding the Way
People Make Money, Government, and Taxes
22 Ways people earn money
28 Business owner
28 What is business?
32 What are taxes?
33 Forms of taxes
34 1040 U.S. individual income tax return
36 Ignore taxes or better not?
37 The history of taxes
38 What is the government?
40 Forms of the government
41 Government revenue
42 Who is the president?
Part 3: Understanding basic economics
46 What is the economy?
48 Microeconomics and macroeconomics
50 Scarcity, choice, and opportunity cost
52 Needs and wants in economics
54 Goods and services
56 Price, cost, salary, and wage
62 Supply and Demand
71 What is a transaction?
72 Import and export
74 Circular flow of income
76 Gross Domestic Product (GDP)
77 Real GDP of the U.S.
78 GDP in the United States.
79 Business cycle
80 What is inflation?
82 Inflation, depression, and recession
84 How printing money affects the economy
88 What is a market?
92 Types of market structure
94 National Debt of the United States
102 The economy and the law
104 The role of government in the economy
Part 4: Hard Times Paper – Be the Reporter
108 The Great Depression (1930)
116 The Spanish Flu (1918)
124 World War 2 (1939—1945)
132 The Great Plague (1665)
140 The COVID-19 Pandemic (2020)
148 Current Economic News
Homeschooling Materials for Creative Students
Made in the USA
The Thinking Tree, LLC