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Economy for Kids

Banks, bailouts, debt, the housing market, and the Dow Jones Industrial Average are in the news everyday. These are all pieces of what we call the economy, and making sense of it can sometimes be confusing.

Scholastic News is here to help! The Economy for Kids Special Report collects resources and articles to help you make sense of the economy, how it works, and what makes it such a vital part of our lives. This Special Report will grow as Scholastic Kid Reporters and editors come up with new articles, games, and guides. So bookmark this page and check back often for the most complete coverage of the economy and how it’s affecting your world.

Begin exploring Economy for Kids by playing the What's That Economics Word game to test your knowledge about important economic terms.

economy words What's That Economics Word?

Play word scramble and word search games with vocabulary words you need to know when talking about the economy.



Articles

Kid's Economic Glossary
Kid's Economic Glossary
by Karen Kellaher
Scholastic News Online | February2,2008
A glossary of economic terms to help kids better understand the economic and the current economic crisis.
First Address to Congress
First Address to Congress
by Laura Leigh Davidson
Scholastic News Online | February25,2009
In his first speech to a joint session of Congress on Tuesday, President Barack Obama talked about the historic economic challenges facing the United States. But the President also encouraged the American people to be optimistic.
Moving Toward Economic Recovery
Moving Toward Economic Recovery
by Laura Leigh Davidson
Scholastic News Online | February18,2009
At a ceremony in Denver, Colorado, President Obama signed the $787 billion American Recovery and Reinvestment Act (ARRA) into law. The package of public spending programs and tax cuts is meant to confront specific problems in the U.S. economy.
Health Care for More Kids
Health Care for More Kids
by Laura Leigh Davidson
Scholastic News Online | February3,2009
About 9 million American kids are growing up in families that do not have health insurance. But it appears that help is on the way for many families that do not have the money to pay for doctors or medicine.
It's the Economy
It's the Economy
by Dante A. Ciampaglia
Scholastic News Online | December4,2008
President-elect Barack Obama's administration will face critical economic issues when he takes office on January 20, 2009. There are big problems, and Obama will have help in confronting them.
They're Working on It
They're Working on It
by Suzanne Freeman
Scholastic Kids Press Corps | October24,2008
Scholastic Kid Reporters talk to their congressmen about the $700 billion bailout, what caused the economic crisis, how the bill will help solve the problem, and how to prevent something similar from occurring.
Fun Family Finances
Fun Family Finances
by Jack Silbert
Scholastic News Online | October22,2008
Believe it or not, you--yes, you!--can help with the U.S. economy. There are many simple steps you can take to make sure your family is spending less. And you might actually have some fun while doing it!
Crisis Goes Global
Crisis Goes Global
by Dante A. Ciampaglia
Scholastic News Online | October13,2008
In the wake of the deepening global financial crisis, leaders from Britain, the European Union, the U.S., and Asia met numerous times over the weekend to discuss ways of restoring confidence in the global economy.
Wall Street Tumbles
Wall Street Tumbles
by Karen Fanning
Scholastic News Online | September16,2008
Nervous investors sent the Dow Jones Industrial Average tumbling 504 points, or 4.4 percent, the largest single-day loss for the Dow since September 17, 2001.
The Distressed Economy For Teachers Grade 5 Through Middle School Years
The Distressed Economy For Teachers Grade 5 Through Middle School Years
by Adele M. Brodkin
Scholastic News Online | October17,2008
Information for teachers on how to talk to kids about the current economic crisis facing the United States and the world.
Lesson Plan: How the Economy Works -- Grades 3-5
Lesson Plan: How the Economy Works -- Grades 3-5
Scholastic News Online | October22,2008
Use the Scholastic News Online Special Report on the economy to help students understand both general economic terms and the roots of the current crisis.
Lesson Plan: How the Economy Works -- Grades 6-8
Lesson Plan: How the Economy Works -- Grades 6-8
Scholastic News Online | October22,2008
Use the Scholastic News Online Special Report on the economy to help students understand both general economic terms and the roots of the current crisis.

Activities

What's That Economics Word?
What's That Economics Word?
Scholastic News Online | Play word scramble and word search games with vocabulary words you need to know when talking about the economy.
How is the troubled economy affecting you?
How is the troubled economy affecting you?
Scholastic News Online | How is the troubled economy affecting you, your families, and your communities? How are you dealing with tighter financial times? Tell us on the Scholastic News Blog.
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