Enterprise Village 2012
ICS Grade 5 students participated in the Stavros Institute Enterprise Village again this year,.
Enterprise Village is a self-contained economic education program that provides a hands-on learning experience for students. They spend 8 weeks in their classroom studying economic education objectives that teach them about writing checks, keeping a checkbook register, applying for a job and working in groups. These educational objectives are put into action as the students spend one day at the Village. This space is similar to a shopping mall. During their business day, students work in one of 20 businesses, take 3 breaks, receive paychecks and have the opportunity to be consumers by making purchases in one of the business-sponsored storefronts. Without a doubt, this is considered to be by most students their best educational experience in elementary school.
The Enterprise Village program assists students by allowing them to:
- Develop basic economic concepts,
- Understand relationships between business and consumers,
- Use quality concepts in business and consumer planning,
- Develop a basic understanding of checking and savings accounts,
- Understand a simple decision-making process,
- Work together to satisfy customer’s expectations.