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Does an Economy System Make Sense for Students?

Does an Economy System Make Sense for Students?

Does an Economy System Make Sense for Students

?

Economy systems have gone in and out of style in classrooms over the years. They were very popular in the 1970s and 1980s, but things changed in the 1990s. Teachers reasoned that learning should be its own reward, and students shouldn't be awarded for doing what's expected of them.

Fast forward to the new millennium and the economy system or "classroom store" is back in vogue. Why the change of heart? Simply put, economy systems work. Would you work if you weren't paid? Probably not for long. For better or for worse, incentives work.

A classroom economy system operates like this: A student earns classroom dollars for doing all of his or her homework in a given week, or for showing exceptional behavior or doing good deeds. By the same token, a student loses dollars for committing serious infractions. At the end of the month, the teacher opens up the classroom store for kids to purchase items. In order to afford a pricey item, a child may have to save up his or her dollars for weeks or months.

Many teachers hate to admit how well a classroom economy system actually works because they have to keep their stores stocked with appropriate items. However, it's now possible for teachers to find suitable things right online, and for less money than ever before.

Through an educational exchange website, you can buy items that other teachers, schools, or learning centers no longer need. You can find new and used toys and games for a fraction of their original cost, thus enabling you to shore up your classroom store.

Kids love to save up their "dollars" for that much-coveted, expensive item. They learn about the value and reward of saving money, rather than obtaining instant gratification from less valuable goods. Perhaps a mini-economy system is the best way to reach kids early and show them the benefits of accumulating cash.

Currency has existed in different forms for thousands of years, and money will always be part of the fabric of our lives. By teaching kids how to save and spend responsibly, they will grow up to be more responsible with their money, too.

There's no shame in using a school store to motivate kids. You can stock your store with items that will inspire them, so that you further increase their opportunities for learning. Find smart items for your store today through an educational exchange auction site.
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Does an Economy System Make Sense for Students? New York City