Tuesday, November 27, 2007

Today the 3rd and 4th grade students at Clear Spring School begin their study of economics. This is the repeat of a project we did two years ago and that was described in Woodcraft Magazine last year. The project involves the making of toy cars that also serve as a stamp and paper clip dispensers. The first week, they make one for their own use as practice. The second week we set up an assembly line so the toy cars can be manufactured Henry Ford style. In the meantime, the students analyze the product's components in the economic terms "land labor and capital," determine price, develop sales literature and then sell them to raise money for their trip to Springfield, Missouri later in the spring. It is a fun project. The 1st and second grade students will finish their friendship boxes today. The photo above is from 2 years ago. Current photos will come later in the day.

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