|
LESSON: THE BABE AND I
Lesson Summary
During the
Depression, a boy sells newspapers to make money for his family's
savings. He sells the papers by the Yankee Stadium and is lucky
enough to meet Babe Ruth.
Concept: Savings
Definition: Savings is the part of a person's
income that is not spent for goods and services or used to pay taxes.
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 |
