Music Connection: Have students stand in place and clap while singing the verses. As they sing the chorus, have them walk in a circle. Give some of the children badges, which identify them as workers. Have them pass play money back and forth at the appropriate times in the song in order to role play the exchange of money.

The Money Goes 'Round and 'Round
(Tune: The Mulberry Bush)

Verse 1
The businesses pay the people who work,
The people who work,
The people who work.
The businesses pay the people who work,
The money goes 'round and 'round.

Chorus:
The money goes 'round and 'round and 'round.
The money goes 'round and 'round and 'round.
The money goes 'round and 'round and 'round.
The money goes 'round and 'round.

Verse 2
The people buy the businesses' goods,
The businesses' goods,
The businesses' goods.
The people buy the businesses' goods.
The money goes 'round and 'round.

(Repeat chorus)

 

(By Martha Hopkins) Used with permission. From Master Curriculum Guide in Economics: Teaching Strategies, K-2 Copyright© 1993, National Council on Economic Education, 1/2009 Name  changed to Council for Economic Education (CEE), New York, NY. All rights reserved.

(From KidsEcon Posters©: www.kidseconposters.com)