aidemia--modules-lessonstartideas_type	Give a creative idea how to begin a lesson
Which subject	Economics
What age group	Year or Grade 3
What topic	Provocation for a unit on economics
Quantity	1
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Lesson Hook: "The Great Lemonade Stand Challenge!"

Introduction

Welcome, young economists! Today, we are going to kick off our exciting unit on economics with a fun and engaging activity! Get ready for "The Great Lemonade Stand Challenge!" This will not only spark your interest in how money and trade work but also get you thinking like a real entrepreneur!

Objective

In this activity, we will learn about:

• Supply and Demand: Understand why some things are more popular than others.
• Entrepreneurship: Discover what it means to start and run a business.
• Money Management: Explore how to earn, spend, and save money.

The Challenge

Step 1: Imagine Your Stand

Close your eyes and picture this!

You and your friends are on a sunny day in a park. You have a chance to set up your very own lemonade stand!

• What flavors will you offer? (Classic, Strawberry, Mint, etc.)
• How much will you charge for a cup?
• How will you let people know about your stand?

Step 2: Draw Your Stand

Grab a piece of paper and a crayon!

• Draw your lemonade stand.
• Include signs for your flavors and prices.
• Make it colorful and eye-catching!

Step 3: The Big Question

Now, think about this big question: What do you think will make people want to buy your lemonade?

• Is it the taste?
• The price?
• The cool sign?

Take a moment to discuss with your classmates.

Wrap Up

After we've drawn, talked, and shared our ideas, we will explore the real concept of supply and demand together! How many people want your lemonade versus how much you have available will help us understand the basics of economics.

Let’s get creative and have fun with “The Great Lemonade Stand Challenge!" Your journey into the world of economics is about to begin! 🍋💰