Grades 3-5
Grade 3-5, 6-8
,
On-Demand Webinar
Willy Wonka’s Whimsical Entrepreneurial Adventures
Presenter: Lynne Stover
Objective
Teachers will be able to:
- Discuss the merits of using children’s literature that have been made into movies to motivate learning.
- Discover the economic concepts found in the newly released “Wonka” movie, including entrepreneur, profit, choices, costs and benefits.
- Review lessons and activities specifically developed for the movie/book.
- Preview upcoming movies that include economic concepts.
Concepts
Description
Author Roald Dahl’s quirky character, Willy Wonka, had a lot to learn on his road to financial success. You will learn from Wonka’s experiences and discover how entrepreneurship, monopolies, comparative advantage, and “reading the fine print” played a part in his lucrative career. This session features a lesson with the characteristics of an entrepreneur and how they relate to the fictional character, Willy Wonka. In the lesson, students will be introduced to the terms: entrepreneur, profit, choices, costs and benefits.
Related Resources
This economics and personal finance lesson takes students through the process of producing a good to sell to a fictional...
Key Concepts: Consumers, Income, Producers
Grades K-2, 3-5
Using Children’s Literature to Teach About Economics and Enterprising Women
Teach both Women's History and foundational concepts via the lives of diverse, inspirational figures.
Key Concepts: Entrepreneurs, Opportunity Cost, Scarcity
Lesson
Grades 3-5, 6-8
Did You Get the Message?
Updated! In this economic lesson, students will view TV ads to learn advertising incentives and strategies.
Key Concepts: Advertising, Consumers, Incentives
45 mins
Lesson
Grades K-2, 3-5
Goods & Services (Lightning Round)
In this economics activity, you will learn about goods and services via drag and drop classification.
Key Concepts: Consumers, Goods and Services
Activity