Module 21: Earning, Spending, and Saving Money- Social Studies 3 - Course Guide

Module Overview:

In this module, students will learn to identify the reasons people work, explain what "personal human capital" is and how their work as students is their current job, and define the role that banks play in the economy. They will explain how to create a budget and tell why it is important, and identify the impact of advertising.

Module Materials:

Lesson # Lesson Title Material(s)
1 Earning Money None
2 Personal Human Capital None
3 Banks None
4 Budgeting scissors
glue
5 The Influence of Advertising None

Module Objectives:

Lesson # Lesson Title Objective(s)
1 Earning Money
  1. Identify the reasons people work.
2 Personal Human Capital
  1. Explain what "personal human capital" is and how their work as students is their current job.
3 Banks
  1. Define the role that banks play in the economy.
4 Budgeting
  1. Explain how to create a budget and tell why it is important.
5 The Influence of Advertising
  1. Identify the impact of advertising.

Module Key Words:

Key Words
volunteer
wages
community
work
wants
needs
goods
services
tangible
intangible
personal human capital
experience
bank
economy
deposit
withdrawal
loan
interest
budget
income
expense
fixed
variable
advertising
money
media

Module Assignments:

Lesson # Lesson Title Page # Assignment Title
2 Personal Human Capital 5 Personal Human Capital Assignment
4 Budgeting 5 Budgeting Assignment
5 The Influence of Advertising 5 Advertisement Assignment

Learning Coach Notes:

Lesson # Lesson Title Notes
1 Earning Money After completing this lesson, ask your student to explain what work is and why people work.
2 Personal Human Capital After completing this lesson, ask your student to explain personal human capital and tangible and intangible things.
3 Banks After completing this lesson, ask your student to explain what a bank is, its purpose, and its role in the economy.
4 Budgeting After completing this lesson, describe what a budget is and how to make one.
5 The Influence of Advertising After completing this lesson, ask your student to explain what advertising is and how it influences the economy.

Module Guiding Questions:

When a student starts a lesson ask them questions to check for prior knowledge and understanding and to review concepts being taught. At the end of the lesson ask the questions again to see if their answer changes.

Lesson Title Question
Earning Money
  1. What is work?
Personal Human Capital
  1. What is personal human capital?
Banks
  1. What is a bank?
Budgeting
  1. How does money work?
The Influence of Advertising
  1. How does advertising impact how people spend their money?

Module Video Questions:

When a student watches a video take time to ask them questions about what they watched. Suggested questions for the videos in this module are listed here. Suggestion: Have the student watch the entire video first all the way through. Then have them watch the video a second time, as they watch it pause the video and ask the questions.

Lesson Title Video Question

Module Suggested Read Aloud Books:

Take time to read to your student or have them read aloud to you. Read a different book each day. While reading the book point out concepts being taught. You may purchase these books or find them at your local library. Suggested things to discuss while reading the book:

  • What is the main idea?
  • What are three things new you learned?
  • How does this book relate to what you are learning about?

# Book Author Lexile Level

Module Outing:

Take some time to apply what your student is learning to the real world. Suggested outings are below.

# Outing