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Grade 1 Social Studies · World 9: Market Street · Level 55
Earning Income
People earn money by working.
Warm-up, learn, try it together, practice, then a quick check. About 15 minutes.
What children learn in Level 55
- Income is money people earn by working. Most grown-ups earn income at a job.
- Some workers earn income by making goods. A farmer grows apples. A baker makes bread.
- Other workers earn income by giving services. A dentist cleans teeth. A mechanic fixes cars.
- Kids can earn money too! Nia walks dogs and earns $2 for each walk. Nia walks 3 dogs. 2, 4, 6: Nia earns $6!
- People use their income to buy the goods and services they need and want.
- Try it with a grown-up! Ask about a job a grown-up you know does. Does it make goods, or give services?
Georgia Standards of Excellence in Social Studies:
- SS1E4 — Explain that people earn income by working and that they must make choices about how much to save and spend.