On Thursday, March 25, 2010, fourth grade students from Goochland Elementary participated in VCEE-VCU Mini-Market Day, which took place in downtown Richmond. The Virginia Council on Economic Education and Virginia Commonwealth University in partnership with Genworth and Martin’s sponsored this annual event for 3rd, 4th, and 5th graders. The goal of the program is to engage students in learning about economics, so they can apply what they learn to life-like situations.
Students have worked hard all year to learn as much as possible about economics and entrepreneurship. Their knowledge was put to the test when they developed their own products, marketing strategies, and opened their own businesses on Mini-Market Day. Students bought and sold their products with other participating 3rd, 4th, and 5th graders from around Virginia.
In addition to learning about economics and entrepreneurship, students have learned how to make and manage money. They already had some money, which were called Mini-Market Bucks, to buy products at Mini-Market Day because they have earned pay checks for completing jobs (and paid taxes) throughout the year.
A record number of GES students won awards at the event. Karna J. earned Entrepreneur of the Year for her class. Faith G., Karna J., Hanah M., and Ciera O. won Best Marketing Strategy for the way they showed off their gorgeous “recycled” jewelry products. Chloe L., Jackson S., and Corwin W. won the award for Most Innovative Product for their animal decorated candy holders and piñatas. All GES students sold out of their products before the end of the event (which was also a school record), but Chloe, Jackson, and Corwin impressed everyone when they sold out in the first 10 minutes!
GES Award Winners:
This student is dressed to impress!
This student even sold her table cloth and display!
Participating students had a picnic lunch at Tredegar Iron Works (students saw the Fall LIne too!):