Saturday, May 23, 2009

Bailey's Economics Fair Project at Campbell Elementary

Bailey's school has a large project for every grade level each year. In fourth grade, one of their projects in the spring is to participate in an "economics fair" with all the other fourth grade students. The students are required to come up with a project that they can sell at the fair, but the goal is to concentrate on creating the item, marketing the item and then selling the item to other students with money they earn through good behavior, etc. a few weeks before the fair. The lesson is to try to come up with something and make a PROFIT!

What a lesson Bailey learned when we went shopping and searching for something to sell that she could make a profit on! Bailey said that she had earned approximately 10 dollars already so we assumed most students had earned about the same. The helped us to come up with a price we thought her friends would want to pay...somewhere around $5.00. With that knowledge, we had to come up with something that would cost her around $2.00 to make and that was a challenge, but MORE importantly something others would want to buy!!

She found these ugly charms at Walmart and decided to decoupage scrapbooking paper on them and then add cute sayings, etc.

Here's how she decided to do it:
She added Mod Podge to the charm, added the paper and then cut the paper so that there was enough to fold onto the back of the charm.
She knew it would get "clumpy" on the back as she folded so she cut out little triangles so that it would fold smoothly. Smart girl.
She kept folding...
Here's how a few turned out:
She couldn't add initials on the necklaces since she didn't know who would be buying them, but she did add a few cute sayings like: Big sister, I love you (someone could buy it for their mom,etc.) and she made two necklaces very similar that said "bff" on them! They turned out really cute and we were so proud of her. This is Bailey's necklace that she plans to wear at the "fair" so that she can show everyone what they look like on.
Here are the necklaces and how she plans to display them. They turned out really cute! I'll report back on her profits...

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