Stone Fox by John Reynolds Gardiner Harper Trophy ISBN 006440132-4 Lesson plan by Mary Anne Pettit Description: In this lesson, students use the book, Stone Fox , to understand income, capital, saving, taxes, and credit. Stone Fox tells the story of Little Willy, a ten year old who enters a challenging dog-sled race in hopes of winning money to pay the back taxes on his grandfather's farm. Personal Finance Concepts: income, capital, saving, taxes, credit Related Subject Areas: reading, social studies, math, English Instructional Objectives: (Students will be able to:) 1. explain that people receive income for doing work and use this income to buy goods and services. 2. define capital as the tools, equipment, and buildings used by businesses to produce goods and services. 3. define credit as the ability to buy goods and services now and pay for them later. 4. appreciate the importance of being a good "credit risk." Time Required: five to ten class periods Materials Required: copy of Stone Fox for each student (or read chapters aloud to class) copy of Activities 1 for each student copies of brochures or pages from college catalogs containing tuition data and/or Internet access to locate college and university web sites with tuition data Procedure: Assign the first two chapters of the book. Or, read the assignment together as a class. | |
|