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LESSON: CAPTAIN ABDUL’S PIRATE
SCHOOL
Lesson Summary
Pickle
enjoys writing poems and painting pictures, but his dad wants to help him
toughen up to raise his standard of living. His dad invests in his
education at the Pirate School.
Concept: Investing
Definition: Investing occurs when people and
businesses use money to purchase capital goods or increase the skills
and abilities of workers.
Comprehension Questions
Identify the investment of Pickle's
dad. Education at the Pirate School for his son.
Explain
why Pickle's dad invests in an education for his son. To toughen
him up for a better life as a pirate.
List
all the areas of learning (benefits) he will receive from his
education. Foreign languages, history, sailing, sports, math,
geography, poetry, sail making, carpentry, chemistry, dancing, singing,
fighting, arts and crafts.
Identify two learning opportunities that
will improve Pickle's skills and increase his productivity as a
pirate. Learning about angles in math will help him aim a cannon.
Learning about geography will help him read treasure maps.
Identify Pickle's personal
investment. Patience and sacrifice in his classes.
How did
the investment in education pay off? A better life in the future as
a captain of his own pirate ship.
Other
Concepts: Goods and
Services, Opportunity
Cost, Specialization |