Financial Literacy and Labor Day Concepts

Mr. Bennett introduces the third week of school, focusing on financial literacy topics like scarcity, opportunity cost, and the basics of a free market economy. The video connects these concepts to historical events such as the American Revolution and the Civil War. A student-produced video by Lillian explains the history of Labor Day, highlighting its significance and origins. The video concludes with acknowledgments to parents for their involvement and a reminder to 'go for the green.'

What is one of the key concepts introduced in the first unit on financial literacy?

• Inflation

• Barter system

• Scarcity

• Supply and demand

Which game was NOT mentioned as part of the financial literacy activities?

• The Stock Market game

• The Uber game

• The Free Market game

• The Millionaire game

Why is it important to discuss money at the start of the year?

• It is the easiest topic to understand.

• It is required by the curriculum.

• It will be a recurring theme in historical studies.

• It is a popular topic among students.

What economic topic will be discussed when studying the American Revolution?

• Gold rush

• Interest rates

• Taxes

• Credit cards

Where does a snowman keep its money, according to the joke?

• In an igloo

• In a snowball

• In a freezer

• In a snow bank

What is Labor Day primarily a celebration of?

• The end of summer

• The achievements of American workers

• The beginning of the school year

• The signing of the Declaration of Independence

Who is one of the individuals believed to have founded Labor Day?

• Peter J McGuire

• Benjamin Franklin

• Thomas Jefferson

• George Washington

In what year did Labor Day become a national holiday?

• 1912

• 1883

• 1894

• 1901

How many states had joined the Labor Day holiday by 1894?

• 30

• 23

• 15

• 10

What is the purpose of the weekend quizzes mentioned in the conclusion?

• To engage parents in school activities

• To test students' memory

• To increase homework load

• To prepare students for exams