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Full Lesson Plan and Materials (PDF)
Interactive Internet Game Activity
Jesse is ready to open an ice cream stand and wants to sell
his ice cream to earn money. An animated dialog between Jesse
and his good friend Toki will introduce students to the game.
Students must then help Jesse to maximize his profits by evaluating
the best of three possible combinations of scoop size, price,
and flavor with each flavor having a different cost.
Learning Objectives
- Evaluate size and price alternatives for maximizing profit.
- Discover ways to earn money through business.
- Understand how to calculate profit using an income statement.
Assessments
Students will:
- Evaluate the best price to scoop size combination for profit.
- Discuss business opportunities for teens.
- Calculate profit in a teen business income statement.
Classroom Activities
1. Profits: Earning Money the Business Owner Way - A descriptive
overview of profit and how young teens can use business concepts
to earn money. Give each student a copy, have them read it,
then discuss.
2. Teen Profit Word Jumble - Students discover many ways
to earn money in this thought provoking word activity. Students
may work individually or in small groups. Instructor may wish
to utilize this activity as individual/group for Part I and
then group/class for Part II.
3. Cookie Accounting - A simple income statement leads the
student to the amount of profit earned by a small cookie subscription
business. Students should complete the activity using the
bike example in the overview section.
Class Discussion Questions
What is profit?
Why is profit important?
What would happen if a company didn't make a profit?
Why do profits go up and down?
Do you think you could earn money with a lawn mowing business,
a cookie business, or an ice cream business?
How does operating a business compare to working a part-time job?
What are assets? What is cashflow?
(Charts and activity sheets continue in the downloadable PDF
file above.)