Study and Learn:
- Read chapters 5, 6, and 7 of Whatever Happened to Penny Candy by Richard J. Maybury.
Know and Understand:
- Below is a list of some of the vocab words from the Penny Candy book. Read through them and come up with a definition for each one. Do this out loud. You can explain them to a sibling, a pet, or yourself. And if someone walks by and asks why you are having a conversation with yourself, tell them that sometimes you need good advice. Just Kidding. Anyway, If you do not know the meaning of a word, look it up. These words are all in the glossary of the Penny Candy book.
- clad coins
- double-digit inflation
- subsidy
- tanstaafl
- taxing
- counterfeiting
- denarius
- clipping
- reeded
- supply and demand
- supply of money
- banknote
- federal reserve note
- legal tender law
- fiat money
- wages
- runaway inflation
- recession
- business cycle
- moneyBecome and Serve:
- In our church, we believe in paying 10 percent of our income back to the church. This is called tithing. Journal about tithing. Is it important to you? Do you feel blessed when you do it or is it really hard for you to give up that money?
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