There are many successful business leaders to celebrate this month. A few are mentioned below:
A favorite is the story of Madam C.J. Walker. Thanks to the This is Capitalismwebsite, students can view a short video about this self-made millionaire, philanthropist, civil rights activist, and pioneer in social marketing. There is also an interactive lesson that accompanies the video here.
Another great video and lesson in this series is the story of Eddie Brown. Mr. Brown overcame many obstacles to open a large financial investment firm. Find the lesson here.
For younger students, check out the story of Booker T. Washington. He had a dream to use the resources at his disposal to earn the money necessary to get an education. He knew that would allow him and others to become financially secure. The lesson is available here.
Another great elementary lesson spotlights George Washington Carver. A great scientist, he changed the economy of the South with his agricultural knowledge. You may find the lesson here.
NATIONAL CHILDREN'S DENTAL HEALTH MONTH
Did you know that approximately 1 of 5 (20%) children aged 5 to 11 years have at least one untreated decayed tooth. One of 7 (13%) adolescents aged 12 to 19 years have at least one untreated decayed tooth.
The CDC states poor oral health can have a detrimental effect on children’s quality of life, their performance at school, and their success later in life.
Economics is considered the science of decision making. Every choice has benefits and costs. The consequences of some choices lie in the future. It is our hope to change the statistics above by helping students learn to make informed decisions about their dental health.
For younger students, check out Delta Dental's Grin! for Kids resources here. Education World has resources for all ages, and you may find them here.
*February 7 is Give Kids a Smile and February 9 is National Toothache Day.
Doritos, Mountain Dew, and Pop-Tarts have all decided to buy spots in one of the most expensive advertising nights of the year, Super Bowl Sunday. Bloomberg reported in November that the 2020 Super Bowl ads had already sold out! This was a first in the game’s history. This year’s game also claims a record $5.6 million price for a 30 second ad. There's certainly economics behind these ads. For a sneak preview of this year's commercials, click here.
The National Retail Federation suggests this may be one of the strongest Super Bowls yet, with nearly 194 million adults saying they have plans for the big game. Those watching the event expect to spend an average $88.65 on food and beverages, merchandise, and party supplies, totalling $17.2 billion nationwide.
Challenge your students to check out the economic impact for Miami, the host city for this year's event.
Please consider submitting a creative economics or financial literacy project in our annual state awards program. Join us to learn how you can submit your creative project. You might just be the next Bessie B. Moore Award Winning Educator!
In 2019, Valentine's Day shoppers set new spending records. They added $20.7 billion to the economy, according to the National Retail Federation. NRF has conducted an annual Valentine's Day consumer spending survey since 2004 to gauge how Americans plan to celebrate this special day.
Approximately 51% of the population celebrated Valentine's Day last year, and these were their top purchases:
Candy 52% $1.8 billion spent
Greeting Cards 44% $0.9 billion spent
Evening Out 34% $3.5 billion spent
Flowers 35% $1.9 billion spent
Jewelry 18% $3.9 billion spent
Here's a fun videoshowcasing theproduction process for candy hearts. Challenge your students to research the industries associated with this special day.
Naturally there are many economic connections with this holiday, also.
Check out this LiveBinder for econ connections for all levels.
ECON ON LOCATION: WORLD WAR II AND ECON CONNECTIONS
Looking for great resources to teach World War II and economics? Then, this is the professional development for you! Come discover resources that are available through the National WWII Museum in New Orleans, the Federal Reserve Bank of St. Louis, and Economics Arkansas.
Participants will receive:
2 hours professional development credit
Curriculum Kit from the National World War II Museum
*This workshop is available for certified educators under contract with a school system.
ECON ON THE HILL:
NWA WORKPLACE NEEDS
The modern workplace is transforming with AI (artificial intelligence) and algorithms. How do you help to prepare our students for tomorrow’s jobs?
Join the Bessie Moore Center for Economic Education and Economics Arkansas for a new evening seminar, Econ on the Hill, designed to serve the needs of NWA educators and students.
For this session, Dr. Joe Rollins from the NWA Council will share skills and knowledge the local businesses want from your students. Rob Kimbel, founder of Kimbel Mechanical will share what he looks for when hiring your students. Manny Mejia, a Walton College MBA student, will share how to develop and showcase an impressive resume. Michele Jackson, from Siloam Springs, and Dr. Rita Littrell, from the Moore Center, will share resources for your students.
Kimbel Mechanical is providing dinner, and Economics Arkansas will provide 2 hours of professional development and a $25 stipend for attending. What a win, win, win and win opportunity!
Participants will receive:
2 hours of professional development
Presenters: Dr. Rita Littrell, Michele Jackson, Dr. Joe Rollins
Improve your money savvy with this delicious and informative workshop.
How well—or not—do you understand credit, savings plans, and retirement planning? Would you like to invest but don’t know how to start? Do you have a plan for the future?
This program is designed to raise your knowledge and comfort level of personal finance matters. You will learn lots of useful, practical tips and useful strategies to improve your financial health and leave with resources to use in your classroom.
Participants will receive: • Dinner • 2 hours of professional development • Resources for students and adults • $25 Stipend
Dinner and Dollars is funded in part by a grant from the Investor Protection Trust (IPT). The IPT is a nonprofit organization devoted to investor education. Since 1993, the IPT has worked with the States to provide the independent, objective investor education needed by all Americans to make informed investment decisions. www.investorprotection.org.
MORE EVENTS WILL BE SCHEDULED AROUND THE STATE ON THIS TOPIC THIS SPRING.
ARKANSAS PERSONAL FINANCE CHALLENGE
High School Teachers,
Please make plans to join us on April 8 for the Arkansas Personal Finance Challenge in Little Rock. We anticipate the day beginning around 9:30 am and ending by 1:30 pm.
You may bring up to 2 teams of 3 to 4 members to participate in our statewide competition.
There will be no qualifying rounds or tests included in this competition. Teams participating will be giving a family scenario. They will have 1.5 hours to create a financial plan in a PowerPoint format for an oral presentation to a panel of judges. Preliminary rounds will create 3 finalists for the championship round.
The winning Arkansas team will receive an all expense paid trip to compete in the 2020 National Personal Finance Challenge which will be held Monday, May 4, 2020, at the University of Nebraska Lincoln College of Business in Lincoln, Nebraska.
The Federal Reserve Bank of St. Louis will be posting registration soon.
In the meantime, check out a sample case study here.
The best things about being a teacher is that it matters. The hardest things about being a teacher is that it matters every day.
Thank you for all you do every day!
Would you like to forward this email to a friend? Click here.