What this lesson teaches
Children learn the basics of entrepreneurship by setting up and running a marketplace. This hands-on activity teaches valuable skills such as pricing, negotiation, and understanding value in a fun, interactive environment.
Financial Knowledge
Can you finish entrepreneurship marketplace adventure in about 30 min?
Entrepreneurship Marketplace Adventure
You will children learn the basics of entrepreneurship by setting up and running a marketplace.
Duration30 min
Age GroupAges 10–11
DifficultyBeginner
SubjectFinance
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How the activity runs
The learning connection
Engaging in role-play within a marketplace setting allows children to experience real-life economic principles. This aligns with Vygotsky's scaffolding, where children learn through social interaction and practical application of concepts, solidifying their understanding of entrepreneurship.
Try it with your learner
1. Gather 5-10 items from around your home to sell (toys, books, snacks). 2. Create price tags for each item using paper and pencil. 3. Set up a 'marketplace' area in your home with your items on display. 4. Invite family members to be customers and trade items for play money (you can create this too!). 5. Negotiate prices with your family members and complete trades. 6. Reflect on what sold best and why in a conversation with your family!