PDF (11+) All About Money - Economics & Business

This is the PDF to print at home. To purchase the PAPERBACK and read reviews on Amazon.
 
Help your child understand how money works! What causes shortages? Why do some businesses thrive and some fail? How does the government impacts communities and businesses? What do you need to know when starting a business? What is investing? Why does it all matter?
 
This book covers many important topics regarding Business, Economics, Government and even Pandemics and the impact of war on an economy.
 
After studying how money works, the student will have a chance to dig into history to understand plagues, pandemics, depressions and wars. They will be able to have a strong understanding of how these events impacted nations throughout history, and how these events impact us today.

There is also an exciting section on current events and the impact COVID-19 is having on our lives, businesses, schools, churches, government, community… and the ability to buy enough toilet paper!
 
At the end of the book the student will study different events in history and write news articles about each event showing how the events impacted the economy, families and communities. At the end of the book the student will write about a new idea for a business, that a kid could start, during a pandemic.

This book is essential to equipping your child to understand money from a much higher level than most citizens. If your child grows up understanding how the world works and how to thrive during troubled economic times, he or she will have a great chance at success in life!  
 
If as a parent, you have a weak concept of how the economy works join your child on this learning adventure!
If possible, order the book “Whatever Happened to Penny Candy” by Richard Maybury to dig deeper into each topic covered in this workbook. Your child will do research on the internet and will need some assistance in finding appropriate websites.
 
Join the Facebook Group: All About Money - Homeschooling Business, Economics and Government to share ideas for great websites and videos to go along with this book!
Table Of Contents:

Part 1: Understanding Money
6  What is currency?
8  The history of money 
10 Money around the world
12 Budgeting money
14 What is a bank?
16 What is credit? 
17 Credit cards
18 Debt
19 Good debt vs. bad debt
 
Part 2: Understanding the Way 
People Make Money, Government, and Taxes 
22 Ways people earn money
24 Employee 
26 Self-employed 
28 Business owner
28 What is business? 
30 Investor
32 What are taxes? 
33 Forms of taxes
34 1040 U.S. individual income tax return
36 Ignore taxes or better not? 
37 The history of taxes
38 What is the government? 
40 Forms of the government
41 Government revenue 
42 Who is the president?
 
Part 3: Understanding Basic Economics
46 What is the economy? 
48 Microeconomics and macroeconomics
50 Scarcity, choice, and opportunity cost 
52 Needs and wants in economics 
54 Goods and services
56 Price, cost, salary, and wage
58 Demand
60 Supply
62 Supply and Demand
64 Production 
68 Distribution 
69 Consumption 
70 Trade
71 What is a transaction?
72 Import and export
74 Circular flow of income 
76 Gross Domestic Product (GDP)
77 Real GDP of the U.S.
78 GDP in the United States. 
79 Business cycle
80 What is inflation?
82 Inflation, depression, and recession  
84 How printing money affects the economy
86 Unemployment
88 What is a market? 
92 Types of market structure 
94 National Debt of the United States
96 Capitalism 
98 Socialism 
100 Communism
102 The economy and the law
104 The role of government in the economy 
 
Part 4: Hard Times Paper - Be the Reporter
108 The Great Depression (1930)
116 The Spanish Flu (1918)
124 World War 2 (1939—1945)
132 The Great Plague (1665) 
140 Research the COVID-19 Pandemic (2020)
148 Current Economic News 
 
 
Thinking Tree Learning Levels:
A1 = Pre Reader (Pre-K) ages 2-5
A2 = Beginning Readers (K-1st) ages 6-7
B1 = Early Elementary (2nd-3rd) ages 8-9
B2 = Upper Elementary (4th-6th) ages 10-11
C1 = Junior High (7th-8th) ages 12-14
C2 = High school + (9th-adult) ages 13+
 
Many Thinking Tree Journals span a wide variety of ages because the students use books at his/her reading level. For example, some journals may say for ages 7-17 because you customize it and meet the student where he’s at.
 
Reproducible for Family Use Only.