The second graders at Fair Grove Elementary recently turned their classrooms into businesses. This project allows students to step into the role of entrepreneurs while practicing important academic and life skills at the same time.
For weeks before the day of the mall, second graders prepared for what their teachers call one of the most exciting projects of the year. Instead of just reading about economics and money, the students actually experienced it. Stacy Lair, a second grade teacher, shared, “The students’ favorite part about this event is that they look forward to it all year long.” She explained that many even remember it from first grade and can’t wait until it’s their turn.
According to the teachers, the project is about more than just selling fun items. Another second grade teacher, Leslie Johnston, explained that the purpose of the second grade mall is to teach students about economics, including goods and services, producers and consumers, and supply and demand. Students also practice money skills as they earn their own version of money through good attendance, positive behavior, and completing their work.
Leading up to the mall, students create their own businesses from scratch. They decide what they want to sell, make a plan, and even create advertisements and signs. Another second grade teacher, Alexa Vestal noted that making their own products is a favorite part. She stated, “It’s a time where they are able to be creative and show their talent.” However, there’s one big rule, everything must be made at school.
There are a large variety of businesses. Students created all types of businesses from nail salons and lemonade stands to handmade jewelry, bookmarks, posters, and small picture frames. Some students even created joke books or interactive games. As Johnston said, “(Students) really enjoy planning and making items on the days approaching the mall.”
On the day of the event, the cafeteria transforms into a mall setup. Students take turns running their businesses and shopping at their classmates’ stores. They use the money they earned in class to buy items, while also learning what happens when supply runs low or prices need to change.
Overall, the second grade mall gives students a chance to practice responsibility, creativity, and teamwork. It might look like just a fun shopping day, but it’s actually a full lesson in real-world skills, only at a second grade level.
