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Reading Makes Cents 2021-2022 Lynne Farrell Stover James Madison University Center for Economic Education 1 GIVE IT! Cinders McLeod Penguin, 2020 LESSON Philanthropy: Goods & Services INTRODUCTION: Chummy loves his Gran, superheroes, and helping others. When Chummy’s grandmother gives him ten carrots for his birthday, he has to make some decisions. He definitely wants to help others, but he is not sure of the best way to do so. With some sensible discussion, informative graph making, and charitable consideration, he makes a choice that will have an impact on others and the environment. In this lesson students will discover that the decision to help others is as empowering as wearing a cape and fighting dragons. TIME REQUIRED: 25-30 minutes. OBJECTIVES: • The student will recognize that people make choices because they cannot have everything they want. • The student will participate in a decision-making process MATERIALS: • Book Give! by Cinders McLeod • Visual 1 – Lend a Helping Hand to Phil’s Aunt Trophy • Activity Sheet/Visual – Lend a Helping Hand • Paper and writing tools • Document camera or another display devise. ECONOMIC CONCEPTS: • Choice - You cannot have all the goods and services you want, so you must choose some things and give up others. A choice is the decision you make among alternatives or possibilities. • Goods- Things that can be bought and sold such superhero costumes and flowers. • Money - Anything that serves as a medium of exchange, a standard of value, and a store of value. • Opportunity Cost - The next best choice that is given up when you make a decision is your opportunity cost. • Philanthropy - desire and active effort to help other people

Reading Makes Cents 2021-2022 Lynne Farrell Stover James Madison University Center for Economic Education 2 • Services– Activities performed by people such as planting a garden and picking cherries. • Spend - To use money now to buy goods and services. • Want- A desire that can be satisfied by consuming or using a good or service. VIRGINA STANDARD OF LEARNING- HISTORY AND SOCIAL SCIENCE K.9 The student will a) recognize that people make choices because they cannot have everything they want 1.7 The student will explain the difference between goods and services and describe how people are consumers and producers of goods and services. 1.8 The student will explain that people make choices because they cannot have everything they want. 1.10 The student will apply the traits of a good citizen by a) focusing on fair play, exhibiting good sportsmanship, helping others, and treating others with respect 2.10 The student will explain that scarcity (limited resources) requires people to make choices about producing and consuming goods and services 3.10 The student will identify examples of making an economic choice and will explain the idea of opportunity cost (what is given up when making a choice). PROCEDURE: 1. Prepare the materials prior to class. 2. Introduce the lesson by showing the cover of Give It! by Cinder McLeod to the students. 3. Explain that the main character in this book loves his grandmother, superheroes, and helping others. Read the book. This will take between 4-5 minutes. You may also show the students a book reading found here: YouTube Book Reading Link: https://www.youtube.com/watch?v=lCuBSL-njsM (3:35 Reading Time) 4. Ask the students the following questions: • Why did Chummy decide to spend all his carrots on buying flowers for the bees? [Flowers are food for the bees.] • How did Chummy help the bees? [He planted the flowers in the garden.] • Do you think helping plants and animals is a good thing to do? [Possible answers: We should take care of the environment. Animals and plants help us. Bees make honey.] 5. Ask students to consider that charity can come in many different forms and isn’t always about giving money or objects (goods). Sometimes helping others by giving of your time, (performing a service) can also be meaningful. Remind them that we don’t help others because we expect something in return. 6. Display Visual 1, Phil’s Aunt Trophy. Explain to the students that Chummy’s friend Phil has an Aunt Trophy who is older and has not been well. Chummy, his grandmother, and some other friends try to think of ways to help Aunt Trophy. They come up with five goods or services that will help her. Their ideas are written on a hand print and are an assortment of goods and services.

Reading Makes Cents 2021-2022 Lynne Farrell Stover James Madison University Center for Economic Education 3 7. Define goods as Things that can be bought and sold, tangible items, and services as activities performed by people. 8. Review the things Phil’s friends would like to do to help his aunt and discuss if these are goods or services. 1. Walk the dog: service 2. Cook her dinner: cooking is a service; the food is a good 3. Pay her power bill: helping someone with their finances is a service 4. Buy her groceries: shopping is a service; the items purchased are goods 5. Weed her garden: helping in the garden is a service 9. Explain that helping other is called philanthropy. Philanthropy is a personal interest in helping others. 10. Distribute or display Visual 2. This is a quick brainstorming activity to help students think of ways they can help others. Challenge students to come up with at least two ideas for each category. This works well as a teacher-directed activity, by displaying the visual and writing in ideas suggested by the students. 11. Distribute paper and pencils to each student. Instruct them to trace their hand and using ideas from the brainstorming activity or some of their own, write or illustrate a way could help others on each finger. 12. Encourage them to share their best idea with the class. Ask the students if the suggested idea is a good or a service. ASSESSMENT • Distribute Bunnyland Goods and Services and writing tools. • Read the directions to the students. • Check for understanding. Superhero Costume: GOOD, Planting Flowers: SERVICE, Picking Fruit: SERVICE, Garden Tool: GOOD, Collecting Honeycombs: SERVICE, Honey: GOOD. ENRICHMENT & EXTENSION • Art – Chummy wanted to be a superhero and save the world. Create a superhero who specializes in helping others. Give him/her a special name like Captain Charity or Great Giver. Draw a picture of this new super hero. • Class Charitable Activity – Encourage students to bring in an donate coins to put in a glass jar. Once the jar is full, decide on a local charity to donate it to, such as an animal shelter or a food pantry. • Science – Chummy chose to use his carrots to plant flowers for honeybees. Ask the students why bees are important. Information about this topic is provided by Virginia Agriculture in the Classroom in a K-2 unit, “The Amazing Honey Bee”. https://va.agclassroom.org/matrix/lesson/print/686/

Reading Makes Cents 2021-2022 Lynne Farrell Stover James Madison University Center for Economic Education 4 Lend a Helping Hand to Phil's Aunt Trophy Big Word of the Day! Philanthropy: a personal interest in helping others

Reading Makes Cents 2021-2022 Lynne Farrell Stover James Madison University Center for Economic Education 5 Activity Sheet- Lend a Helping Hand Can you think of ways to help others at home, school or the community? Write or draw things you can do in the boxes. At Home At School In the Community

Reading Makes Cents 2021-2022 Lynne Farrell Stover James Madison University Center for Economic Education 6 Assessment Sheet- Bunnyland Goods and Services Chummy wanted to help others. To do so he needed to perform services and supply goods. Do you think these are pictures of goods or services? A GOOD is a tangible thing that can be bought and sold such superhero costumes and flowers. A SERVICE is an action performed by a person, such as picking cherries or taking care of bees. Superhero Costume GOOD SERVICE Planting Flowers GOOD SERVICE Picking Fruit GOOD SERVICE Garden Tool GOOD SERVICE Collecting Honeycombs GOOD SERVICE Honey GOOD SERVICE

Reading Makes Cents 2021 2022 GIVE IT Penguin 2020 ISBN 978 1 9848124 3 8 Reading Level 2 0 Interest Level P 2 Discussion Ques ons Show the cover of the book to the students Tell them this is a story about a rabbit named Chummy who gets a nice birthday gi from his grandmother He wants to help others and needs to make a decision concerning his best choice Instruct the students to listen carefully as they will be asked ques ons a er the book is read Read the book and ask the following ques ons 1 What do the rabbits use for money in Bunnyland Carrots are used for money 2 How many carrots did Chummy s grandmother give him for his birthday Chummy s grandmother gave him ten carrots 3 What did Chummy s grandmother suggest he do with his money She suggested he spend some of it on himself and some of it helping others 4 At rst what did Chummy want to spend his money on He wanted to buy a superhero costume so he could save the world He wanted to ght dragons 5 Chummy s grandmother says he will have to make a choice between saving the world or saving Bunnyland What is a choice A choice is making a decision or selec on when faced with two or more alterna ves or op ons 6 Instead of gh ng dragons Chummy decided to do what Chummy decided to help bees 7 Chummy s grandmother also reminded him that if he spent all his money on a superhero costume he would he have no carrots le to help others Lynne Farrell Stover James Madison University Center for Economic Educa on ti fi ft ti ft ti ft ti ti ti ti ti fi fi 1

What was her sugges on to this problem She suggested he could just buy part of the costume the cape 8 Chummy comes up with two plans to help others What are they In Plan 1 he spends all the money on a superhero costume In Plan 2 he spends ve carrots on a cape and ve carrots for owers for the bees 9 A er lunch with his grandmother Chummy comes up with another plan What is his Plan 3 He decides to spend all his carrots on owers for the bees Do you think this was a good decision Answers will vary 10 Opportunity cost is the next best thing we give up to choose the thing we want When Chummy decides to spend all his carrots on owers for the bees he gave up the next choice he would have made What do you think Chummy would have selected Plan A or Plan B If Sonny had not decided to spend all his carrots on owers for the bees he likely would have selected Plan B That way he would have go en something for himself and something for the bees Plan B was his opportunity cost 11 At the end of the story Chummy and his grandmother planted snapdragon owers in the garden to a ract the bees Do you think this choice of ower is funny Why At the beginning Chummy wanted to ght dragons at the end he was using snapdragon owers to help the bees and thus the environment Lynne Farrell Stover James Madison University Center for Economic Educa on fi fl fl fl fi tt ti fl fl fl tt fi ti ft 2 fl Reading Makes Cents 2021 2022