What is Junior Achievement A nonprofit dedicated to

What is Junior Achievement? A nonprofit dedicated to teaching students about: • managing money • working at a job • owning a business

About Me • Name • Place of work • Family • Hobbies

JA Our City

Our City A Place Where People Live, Work, and Play Lesson One

Today we will learn. . • How to identify the different zones used in city planning • How to use this information to organize businesses

Discussion • What is the name of the city we live in? • What makes a city? • What do buildings do for people in a city?

CITY What is a city? An important place of business, where people live, work, and play What is a city planner? A person who decides what types of buildings go where in a city

ZONES What are zones? • Land areas set aside for certain purposes, such as housing or businesses • Rules govern how land can be used in zones

Activity – Floor Map Multipurpose Zone Residential Zone Agricultural Zone Business Zone Industrial Zone Remember: Mr. Abi

Activity – Floor Map • Turn to Page 4 in your Junior Journal. • Be a city planner for a day and complete this worksheet!

Key Terms What is a good? Items that are bought and sold. What is a service? Work done for others, such as hair cuts or car repairs.

Activity – Pop-Up Buildings 1. Name your building and write it on the blank line. 2. Color your building. 3. Assemble your building. See directions. 4. Place building on floor map.

Activity – Pop-Up Buildings To Assemble Your building: 1. Hold the building with two hands with the longer flap is pointed up and away from you. 2. Gently push in on the sides until the sheet pops into a box and the base of the box closes. 3. Stand the building on your desk. 4. Fold the small flaps in. 5. Fold the long flaps’ tips down. 6. Close the box, pushing the folded tip in.

Activity – Pop-Up Buildings Discussion: • Is this a business you would like to start someday? • What other types of businesses are important to make a city work well? • What other businesses would you like to see if you built a city?

Next time… We will learn the importance of money to a city and how people use different kinds of money.

Our City: A Place Where People Spend Money Lesson Two

Today we will learn… • The importance of money to a city • The difference between needs and wants • Different ways to pay for goods and services

Review City Zoning Mr. Abi

Discussion Why do people in cities need money? Why do you think cities need money? Name a business where you or your family spent money this week.

TAXES What are taxes? Fees charged by a government. The city government uses the money from taxes to pay the wages of city workers. Most people are required to pay taxes.

SALES TAX What is sales tax? An extra amount of money added to the cost of a good or service paid by the buyer, even if he or she does not live in the city.

Activity – Sales Tax Step 1 You will add the sales tax to each item to see what you can buy with a $10 Zoo Gift Card. Step 2 Sales Tax = 5% For each dollar you spend, you will need to pay an additional 5 cents.

INCOME What is income? Money earned for work. People use their income to buy the things they need and want.

Needs and Wants What is a need? Something you cannot live without. What is a want? Something you would like to have but could do without.

Activity – Payment Methods What is cash? Money in the form of bills or coins What is a check? A written order to a bank to pay money to a person or business

Activity – Payment Methods What is a debit card? A card that subtracts what you buy from your checking account. Money is deposited in a checking account. What is an electronic payment? A way to bank or pay for things using the Internet.

Activity – Payment Methods What is a credit card? A card that allows users to pay for things with borrowed money from a bank. Credit cards are not free money!

Review • What is the name for the money people earn by doing a job? • What form of payment would you use to buy goods and services? • Why is it good for a city to have businesses?

Next time. . We will learn about banks and financial institutions!

Our City: A Place Where People Bank Lesson Three

Today we will learn… • About the financial contributions of banks to a city • How to manage a personal bank account

Review Payment Methods • Cash • Check • Debit Card • Electronic Payment • Credit Cards The importance of money to a city • Taxes

Discussion • Are you saving up for something special? • Where do you keep your money that you are saving?

Banks and Credit Unions What is a bank or credit union? Businesses where people and other businesses save, borrow, and exchange money

Key Terms Deposit: To put money into a bank account. Interest: Money paid for the use of someone else’s money The bank pays interest to people who deposit money. Withdrawal: Removal of money from a bank account.

How do banks make money? • Banks earn money when they charge interest on the money businesses and people borrow. • Banks charge more interest to borrowers than the interest they pay to savers.

Example You wish to borrow $1, 000 to buy a car with 7% interest. Interest = $70 You want to deposit $1, 000 in my bank. This account pays 2% interest. Interest = $20

Key Terms Savings: Money put aside to use later. Savings account: A bank account for saving money.

Activity – Piggy Bank Savings Game Board: 3 Types of Spaces Deposit – Players earn money and deposit it into their accounts. Withdraw – Players spend money and must make a withdrawal from their account. That’s Life! – Players draw a That’s Life! card.

Activity – Piggy Bank Savings Game Instructions 1. You will start with a balance of $250. 2. Select a game piece and place it on START. Roll to see who goes first. Highest roll goes first. 3. The first player rolls and moves clockwise that number. Read the game space instructions aloud and record the transaction in My Account Register. 4. Next player’s turn. 5. Don’t forget to make a piggy bank deposit of $50 each time you pass START. 6. The player with the most money in his or her bank account at the end of the game is the winner.

Discussion • What did you learn about money? • Why is it important to make savings deposits? • Why is it important to save money?

Next time… You will learn about the role of an entrepreneur in a city and become a restaurant owner.

Our City: A Place Where People Dine Lesson Four

Today we will learn about… • Consumers, producers, and entrepreneurs • The role of a business owner • Money management strategies

Review How do banks and credit unions help people and businesses achieve their financial goals?

CONSUMER What is a consumer? A person who uses or buys goods and services

PRODUCER What is a producer? A person who makes goods.

ENTREPRENEURS What are entrepreneurs? People who start businesses.

Activity – Business Plan Today you will become a restaurant owner.

Activity – Business Plan Step 1 – Name Your Manager and Accountant Manager: Keeps track of the money Accountant: Pays the bills

Activity – Business Plan Step 2 – Earn Money • Each group will receive $200 to open their business, but you will need at least $300 to open a successful restaurant. • To earn money, groups will receive $20 each time they do one or all of the following: 1. Work well as a group 2. Participate in class discussions 3. Answer Earn $$ questions

Activity – Business Plan Step 3 – Discuss the Business Plan • Follow along as I read from the Reci-Ps Business Plan Sheet. • Discuss questions. • Each group will decide the kind of restaurant it would like to open.

Activity – Business Plan Step 4 – Fill in the Reci-Ps Business Plan Sheet Step 5 – Earn $$ Question Time

Activity – Business Plan Step 6 – Pay the Rent • Count your money. -Do you have enough money to open a business? • You must deposit money in the bank to pay your rent for the space for your business. -Rent = $100 • Restaurant Manager Hand $100 to your Accountant. • Accountant Fill in a deposit ticket on the payment sheet and make a bank deposit of $100. Turn this deposit ticket in to me.

Activity – Business Plan Step 7 – Pay the Utility Bill • You need to pay bills for electricity, natural gas, and water. This bill is $40. • Restaurant Manager Hand $40 to your accountant. • Accountant Complete $40 check payable to City Utility Company. Hand this check to your teacher.

Activity – Business Plan Step 6 – Buy Restaurant Supplies • You need to buy dinnerware, place settings, and food. These supplies cost $100. • Pay or Earn Money. • Accountants use your preferred payment method and hand it to me.

Activity – Business Plan Step 7 – Open for Business Congratulations! You are now open for business.

Activity – Business Plan Discussion: What are some good things about being a producer? What are some good things about being a consumer? What would happen if a producer could not make enough food – or goods – to meet demand? What would happen if consumers did not want what a producer makes?

Next time… We will learn about news media in a city.

Our City: A Place Where People Communicate Lesson Five

Today we will learn. . • About the role of news media in a city • About different forms of news

Review • Entrepreneurs • Consumers • Producers

Discussion • What does “the news” mean? • Why is news important to a city? • What is one way that a city communicates news?

NEWS FORMAT What is a news format? The way the news is presented or shared. Print: newspapers and news magazines Broadcast news: radio and television Electronic: Internet Human resources: people

Activity – News Format Step 1 • Tear apart sheet and distribute cards in your group. • Sort the cards based on what news format you think would be best to learn more about each story.

BLOG What is a blog? An online journal for others to read. Step 2 • Practice blogging! • Spend a few minutes at each poster blogging one advantage and one disadvantage of each news format. • Write on sticky notes as a group and place these on the posters.

Activity Discussion • How important is it for a news source to be fair and trustworthy? • How important is it for a news story to be accurate? • What news format would you choose to advertise your business?

JA Our City Review • The importance of money to a city • Different methods to pay for goods and services • Contributions of banks and credit unions • Entrepreneurs promote a healthy economy in a city • News formats as communication tools

JA Our City Review The importance of money to a city How people use different methods to pay for goods and services Contributions of banks and credit unions Entrepreneurs promote a healthy economy in a city News formats as communication tools

Certificate of Achievement