This week all of year 5 have been diving deep into their Exhibition projects. We have all been working hard to (hopefully) get each of our business up and running by the start of next week. The cakes group are starting to get big orders in and have just filled a large order of 70 cupcakes this Thursday. Groups this week had to go down to Marilyn with their written business proposal and apply for a 200:- loan from the International Bank of ISGR. Those who where able to explain the what, why and how of their business during their presentation and in their written proposal managed to get their loans no problem, some had to come back with some more information. A few groups have found that their start-up costs are going to be more than the 200:- they borrowed and they wondered if they could take 'donations' from their parents. If you find that your child or their group starts to ask for more start-up money or supplies, please don't just 'donate' it to them, instead make a deal for them to pay you back when they start to make money. This way they are learning and practicing economics and are learning how to control their own economy.
In other news, students are starting to finish the first of their maths assessment activities. Even though we have put aside our maths lessons to do this they still need to be working on them during their homework time if they are to be finished by the 30th of March.
No comments:
Post a Comment