4th grade- Social Studies

AZ State Standards:

Strand 3: Civics/Government
Concept 4: Rights, Responsibilities, and Roles of Citizenship
The rights, responsibilities and practices of United States citizenship are founded in the Constitution and
the nation’s history.

Strand 5: Economics
The goal of the economics strand is to enable students to make reasoned judgments about both personal
economic questions and broader questions of economic policy. Students will develop an economic way of
thinking and problem solving to understand and apply basic economic principles to decisions they will
make as consumers, members of the workforce, citizens, voters, and participants in a global marketplace.
This will prepare students to weigh both short-term and long-term effects of decisions as well as possible
unintended consequences. The study of economics explains historical developments and patterns, the
results of trade, and the distribution of income and wealth in local, regional, national, and world
economies. Students will be able to analyze current issues and public policies and to understand the
complex relationships among economic, political, and cultural systems .

Concept 1: Foundations of Economics

The foundations of economics are the application of basic economic concepts and decision-making skills.
This includes scarcity and the different methods of allocation of goods and services.

Concept 2: Microeconomics
PO 3. Describe how education, skills, and career choices affect income.
PO 4. Discuss how profit is an incentive to entrepreneurs.
PO 5. Describe risks that are taken by entrepreneurs.

Arthur’s Pet Business Lesson Plan ---Economics, responsibility, citizenship, opportunity cost, and
decisions.

Anticipatory set:
“How many of you have heard of a business?” “Have you ever dreamt of having your own
business?””Well today, you are going to hear about a boy who was on a mission. After we hear about
what this boy has done; you will have the opportunity to do the same!”

Instructional Input:
“First, let’s create a web of information that we know a business needs.” “Pull your SSJ out” TSW will
think, write and share ideas of what a business needs.
“I am going to read you a short story about a boy who really wanted a puppy and had to find a way to
prove to his parents, that he was capable of taking care of a puppy. “

TTW pass out questions to the students and read the questions aloud. “Remember to listen for
fluency in my reading.”

TTW Read Arthur’s Pet Business aloud to the class. TSW be filling out answers as I am reading.
Discuss the answers with the class using think-pair-share and whole group. The class will discuss
Arthur’s opportunity costs, decision-making skills, goods, services and incentives.

TTW model examples of businesses that have already been created. The teacher will go over the
rubric with the students so they know the expectation.

******Create Your Own Business******

Students will answer these questions in their Social Studies Journal and have teacher check off. Then
students will write a summary including the elements of a business.

In journal:

1) What is your business going to sell? Explain

2) What is your business name?

3) How are you going to advertise? Explain

4) What materials will your business need? Explain

5) Create a business slogan—poem, song, phrase

6) How will this business show you are responsible? Explain

After questions are answered, form into a paragraph on lined paper. Then draw an image of your
business or your slogan. Glue lined paper on construction paper. Write rubric on the back of
construction paper.
 Arthur’s Pet Business Questions

1) What is Arthur’s business name?________________________________________

2) What does Arthur’s business produce?___________________________________

3) How does Arthur advertise his business?_________________________________

4) What materials does Arthur need for his business?_________________________

___________________________________________________________________

5) What did Arthur learn from his business?________________________________

___________________________________________________________________

6) Arthur had to make a choice after he started his business. What does that
choice resemble? _____________________________________________________

___________________________________________________________________

Arthur’s Pet Business Questions

1) What is Arthur’s business name?________________________________________

2) What does Arthur’s business produce?___________________________________

3) How does Arthur advertise his business?_________________________________

4) What materials does Arthur need for his business?_________________________

___________________________________________________________________

5) What did Arthur learn from his business?________________________________

___________________________________________________________________

6) Arthur had to make a choice after he started his business. What does that
choice resemble? _____________________________________________________

___________________________________________________________________
 ******Create Your Own Business******

In journal:

1) What is your business going to sell? Explain

2) What is your business name?

3) How are you going to advertise? Explain

4) What materials will your business need? Explain

5) Create a business slogan—poem, song, phrase

6) How will this business show you are responsible? Explain

After questions are answered, form into a paragraph on lined paper.

Then draw an image of your business and your slogan. Glue lined paper
on construction paper.
Name_____________________#_______ Name_____________________#_______

Rubric: 5 yes 3 sometimes 1 no, seldom Rubric: 5 yes 3 sometimes 1 no, seldom

__ illustration ___ neatness ___ materials __ illustration ___ neatness ___ materials

___ name ___ opportunity cost ___ name ___ opportunity cost

__ Slogan ___responsible ___conventions __ Slogan __responsible ___conventions

___advertisement ___advertisement

Business= ____/45 points Business= ____/45 points

Presentation= _____/20 points Presentation= _____/20 points

Name_____________________#_______ Name_____________________#_______

Rubric: 5 yes 3 sometimes 1 no, seldom Rubric: 5 yes 3 sometimes 1 no, seldom

__ illustration ___ neatness ___ materials __ illustration ___ neatness ___ materials

___ name ___ opportunity cost ___ name ___ opportunity cost

__ Slogan __responsible ___conventions __ Slogan __responsible ___conventions

___advertisement ___advertisement

Business= ____/45 points Business= ____/45 points

Presentation= _____/20 points Presentation= _____/20 points