Here at Oak Hills Terrace, we do an Economics Fair, where students will be able to sell things that they have created for a profit. It is a business and economics lesson- part of our Social Studies Curriculum- that will teach them to balance a budget, keep track of expenditures, time, set a pricing point that allows them to gain a profit, and advertising- in short they will become Junior Entrepreneurs. Our Economics Fair is scheduled for May 25, 2012 from 9:00-2:00. They will sell all-day, or until they run out of product- whatever profit they make (if they make one) is theirs to keep. As this is a lesson in business, there is no guarantee that they will make a profit, or even sell at all. There is learning- even in failing.
Whatever they decide to sell needs to be handmade by them and new- no food items or services and this is not a garage sale- they are not selling old toys, baseball cards, etc.
Over the course of the next couple of weeks you will be getting reminders of due dates, and deadlines that are coming up. Please assist your child- but don't do everything for them- this is an amazing lesson for them- especially if they are involved in every aspect of the activity. Who knows- we may have the next Steve Jobs or Richard Branson in our midst.
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