WES Students Make Economic Choices

Students lined up at a table in the gym

Several community partners and parent volunteers in collaboration with the 4-H Extension Office recently provided a realistic economic simulation for third grade students at Watauga Elementary School.  Students were assigned a career with a set income and challenged to visit twelve stations to make economic decisions about needs and wants. Students quickly learned that the big ticket items such as housing and insurance comprise a large portion of a typical household budget. Wants such as fancy cars and entertainment often must take a backseat and become the opportunity costs. All students thoroughly enjoyed the hands on learning experience and wish to thank the organizers and volunteers.