Play Pretend Store: Counting Coins and Making Change
Long, long ago, people did not have any coins at all. If you wanted a chicken, you might have to trade a bag of grain for it โ but what if the chicken owner did not want grain? That problem is exactly why coins were invented, and today you get to be the shopkeeper who uses them!
What You'll Learn
- Why people started using coins instead of trading objects - The names and values of a penny, nickel, dime, and quarter - How to 'buy' something and figure out the change - What it feels like to run your very own pretend store
Before Coins: The Trading Problem
Thousands of years ago, people traded goods directly โ this is called bartering. The tricky part: if you had eggs but wanted shoes, you had to find a shoemaker who happened to want eggs THAT day. Coins solved this because everyone agreed a coin was worth something, so you could sell eggs for coins, then use those same coins to buy shoes from anyone.
Meet Your Coins
A penny is worth 1 cent. A nickel is worth 5 cents. A dime is worth 10 cents. A quarter is worth 25 cents. If a pretend toy costs 15 cents, you could pay with one dime and one nickel, or fifteen pennies โ both add up to the same amount!
When someone pays with MORE money than the price, count UP from the price to the amount they paid. If a toy costs 20 cents and they hand you a quarter (25 cents), count up: 21, 22, 23, 24, 25 โ that's 5 cents change!
Setting Up Your Store
Pick 5 toys or household items to 'sell.' Give each one a price between 5 and 25 cents. Make a price tag for each one. Now you're ready to open for business!
Why did people start using coins instead of only trading objects directly?
A pretend toy costs 15 cents. Which combination of coins pays for it exactly?
Open Your Pretend Store
Set up your 5 priced items on a table. Ask a family member to be your customer and 'buy' at least 3 items using play coins or paper coin cutouts, paying with more than the price at least once so you must make change. Keep a tally sheet of what sold and for how much. Deliverable: your price tags plus your completed sales tally sheet.
Want to keep learning?
Sign up for free to access the full curriculum โ all subjects, all ages.
Start Learning Free