President George W. Bush declared April as the month for Financial Literacy in 2004. Its purpose is to highlight the importance of being financially literate and to encourage people to learn about techniques that can assist them in becoming financially smart.
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Opportunity cost is what you give up when you make a choice. It is also the highest-valued alternative you give up when you make a choice. Scarcity comes in to play when Herschel has an opportunity...
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A person who makes goods or provides services is a producer. Someone who buys and uses goods and services is a consumer. Teachers and students give many examples of both in this episode.
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There are 3 productive resources: natural resource, human resource and capital resource. Herschel's World of Economics helps you to understand the difference.
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Art work that is one of a kind is scarce. Space, time and simple possessions can also be scarce. Dr. Dave helps Herschel to understand.
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The ETV Stock Market Program - These five lessons are NEW for fall and provide information on economics and the stock market to accompany the SC Council on Economic Education's game that students...
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Learning about earning money or income from featured entrepreneurs. Meet Jim McMillan, owner and manager of Tiffany's Bakery and 8th grader, Gracie Cromer, owner of Gracie's Gourmet.
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Learn how to save money. Meet entrepreneur Nick Gregory, owner of superplain, a t-shirt business.
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Learn about the responsibilities of borrowing money. Meet entrepreneur Aaron Moss, owner of Insert Name Here Designs. He's a 12th-grader who builds mobile applications for businesses.
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What do you want to be when you grow up? Do you have knowledge or a skill that someone will want to pay for? It's never too early to think about your career choices. Meet nine year old Robert Charles...
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Bear and Bull talk about creating a budget and how to save money.
