Yahoo lemonade stand game

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In the Lemonade Stand game, students will develop daily business plans and make choices based on information provided to them each day. Did you make a profit from your lemonade stand, or did you lose money? What signals did you consider and what steps did you take each day before you opened up shop?

Did you under-purchase supplies and have to close early one day? Did anyone adjust their prices in the middle of the selling day? Did you increase them or decrease them, and why? What changes would you make to your business model if another person opened up a competing lemonade stand a few blocks away from you?

What steps would you take to improve your business next time? The Lemonade Stand game is economics in action, a simulation where students make choices to allocate scarce resources. It helps students understand how many economic decisions a business owner has to make to operate successfully day after day. Through this activity, students can discover or rediscover how quickly and effectively they can make economic decisions. She is from the Tennessee mountains, but has called Conway, Arkansas home since She graduated from the University of Central Arkansas in the spring of with a BA in history and a minor in anthropology.

In her role, she works with a variety of scholars to create social studies focused educational content for K- 12 teachers in Arkansas. The — school year has begun and things are looking different for Arkansas students, parents, and teachers.