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The
Babe and I by David A. Adler Summary: Concept: Savings Definition:
Savings is the part of a person's income that is not spent
for goods Comprehension Questions: Explain why it was difficult for the family to save money in the story. (It was during the Great Depression and many people did not have jobs. Therefore, people didn't have extra money.) Explain how the boy helped the family save money. (He sold newspapers and put the money he earned in the savings jar.) How did he increase the amount of money he made? (He yelled out about "Babe Ruth" and sold the papers by the Yankee Stadium so Babe Ruth fans would buy the papers. He borrowed a baby carriage to transport and sell more newspapers.) Why was it important for the family to save? (The family could pay for the goods and services it wanted to buy.) Describe the effect of Babe Ruth on the boy's business. (The boy sold newspapers to people who wanted to read about the many home runs and great playing of Babe Ruth. People would not buy papers from the boy in other parts of town.) Other
Concepts: Scarcity,
Producers, Consumers,
Price, Supply
and Demand, Profit
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