How+To+Turn+Lemons+Into+Money+Reinforcing+Activity


 * Materials:**
 * Several copies of //How to Turn Lemons into Money// (1 per group of 4 students)
 * Terms handout
 * Computers with an internet connection for research

First, the teacher will read the book // How to Turn Lemons into Money // These are found in ALL CAPS throughout the pages of the book and defined explicitly in the context of a lemonade stand business. After reading is finished the teacher will take any questions about the terms from the students and supply students with the terms handout. As a class, students will create definitions of the terms based on what they learned in the book and fill in the blanks of the worksheet.
 * Activity**

The teacher will then have students apply the terms to businesses with which they are familiar. For example:


 * What is the product or products at McDonalds
 * Who is their competition? Consumer?
 * What kind of wage do you think they pay their workers?

After using a few businesses as examples, students will do their own research as a group. Each group will chose a company familiar to them for research.

After 30 minutes the teacher will gather the groups for sharing of results. Groups will take turns sharing the examples of the terms and how they are reflected in their chosen business. As a summary, the teacher will clarify that all of the terms listed can apply to almost any business.