Through hands-on classroom activities, JA Our City® introduces Third-Grade students to the intersection of financial literacy and third-grade social studies learning objectives, including the characteristics of cities and how people and businesses in cities manage their money. Students will apply money-management strategies to personal and business accounts.
Following participation in the program, students will be able to:
- Provide practical information about the zones found within a city.
- Examine the importance of money to a city; why people pay taxes; and how people use different methods to pay for goods and services.
- Describe the contributions of financial institutions to a city and how they help businesses and people achieve their economic goals.
- Develop an understanding that entrepreneurs promote a healthy economy within a city.
- Compare news formats and examine their importance to the financial well-being of a city.
Session Overviews & Objectives
Session One – A Place Where People Live, Work and Play
Overview: Students identify the different zones used in city planning and apply the information to organize business.
- Identify the zones found within a city.
- Describe the goods and services provided by businesses.
- Match local businesses to specific city zones.
Session Two – A Place Where People Spend Money
Overview: Students examine the importance of money to a city and how people use different methods to pay for goods and services.
- Explain the importance of money in a city, including the role of taxes.
- Understand the differences between needs and wants.
- Examine the different ways that people pay for goods and services.
Session Three – A Place Where People Bank
Overview: Students see the contributions of financial institutions to a city and how those institutions help businesses and people achieve their economic goals.
- Summarize the contribution of financial institutions to a city.
- Manage a personal bank account.
Session Four – A Place Where People Dine
Overview: Students learn the role of an entrepreneur by exploring the process involved in starting one type of business: a restaurant. They learn how businesses promote a healthy economy within a city.
- Define consumer, producer, and entrepreneur.
- Explore the role of a business owner by operating a business.
- Apply money management strategies to a business account.
Session Five – A Place Where People Communicate
Overview: The students learn the importance of news media to the financial well-being of a city.
- Explain the role of the news media in a city.
- Describe how news is delivered in various formats, including print, electronic, and human sources.
- Recognize the importance of the news media and technology in a community.
- Includes a series of five sessions recommended for students in third grade.
- Average time for each session is 45 minutes.
- Materials are packaged in a self-contained kit that includes detailed plans for the volunteer and materials for 30 students.
- Students apply money-management strategies to personal and business accounts.
- Session-specific, age-appropriate materials included to increase student interaction and emphasize JA’s experiential approach to learning.
- Correlates to state social studies, English, and math standards, as well as to the Common Core State Standards in English/Language Arts and mathematics.
JA Our City enhances students’ learning of the following concepts and skills:
Concepts—Banking, Business, Business decisions, Circular flow of money, City, City planner, Communication, Consumer, Currency, Deposit, Digital communication, Economic development, Entrepreneur, Goods, Interdependence, Interest, Jobs, Making payments, Money choices, Needs and wants, Producer, Savings account, Services, Taxes, Technology, Transaction, Withdrawal, Zones
Skills—Addition and subtraction, Brainstorming, Conceptualizing, Critical thinking, Decision making, Develop ideas, Drawing conclusions, Following simple, multi-step directions, Identifying zones, Listening critically, Making choices, Making decisions, Making observations, Mapping information, Participating in large-group activities, Planning a business, Problem solving, Reading and writing, Teamwork, Verbal communication, Working in groups, Writing
Courtesy of Junior Achievement of South Dakota: