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Objective

By the end of this lesson, Jax will understand the basics of how money is created, the role of the Federal Reserve, and how currency affects the economy. He will also gain hands-on experience by creating his own currency and exploring the importance of money in society.

Materials and Prep

  • Notebook and pencil for note-taking during the museum tour.
  • Art supplies (colored paper, markers, scissors, glue) for the currency project at home.
  • Access to the Federal Reserve Bank of Atlanta Monetary Museum.
  • Printouts of critical thinking and discovery questions.

Activities

  • Museum Tour:

    Take a guided tour of the Federal Reserve Bank of Atlanta Monetary Museum. Jax will learn about the history of money, how it is made, and the role of the Federal Reserve in managing the economy.

  • Currency Creation Project:

    After the museum visit, Jax will create his own mock-up currency using art supplies. He will assign values to his bills or coins and prepare to explain why those values are important for an economy.

  • Discussion Time:

    Engage in a discussion about the critical thinking questions to encourage Jax to think deeply about the role of money in society.

Talking Points

  • "Money is like a tool that helps us trade things we have for things we want."
  • "The Federal Reserve is like a big bank for banks. It helps keep our money safe and makes sure there’s enough money for everyone."
  • "If there was no money, we might have to trade things directly, like giving someone apples for a toy. That could be tricky!"
  • "Different countries have different types of money, like euros in Europe or yen in Japan. Isn’t that cool?"
  • "Banks help us save money and keep it safe. They also help us buy things by letting us borrow money when we need it."
  • "When we create our own currency, we get to decide what it looks like and how much it’s worth. That’s a fun way to learn about money!"
  • "The history of money is really interesting! Can you imagine what money looked like a long time ago?"
  • "Understanding how money works helps us make smart choices about spending and saving."

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