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A simulation of the U.S.

Economy & A Whole Classroom Management System


Students will simulate a mini economy to understand that money earned is also money spent.
Students will be monetarily rewarded for completing daily classroom tasks and procedures.
Students will be fined in accordance to the crime as well as billed for the use of materials,
behaviors and other expenditures.

Miss OBrien
President
Community 103 Bank & Trust
Brockton, Massachusetts
Grade 4, Room 103
2007-2008

Community 103s Classroom Management System


You will take part in a management system using economics as a basis of earning rewards and a
salary, as well as pay taxes, fees and fines based upon your behavior and work habits. You will be
responsible for maintaining a virtual checkbook throughout the year. All students will receive a
weekly salary of $200 Community 103 money as well as share the Everyday Counts daily depositor
funds. You will learn how to balance a checkbook, write checks, pay bills, fees, and fines. There
will be many opportunities for you to earn bonus money as a reward for good behavior, good work
habits helpfulness, etc. You will be able to use this fictional money at auctions to purchase items
you desire or can afford. You will also use this money to purchase pencils, erasers, use the
sharpener etc. In the process of maintaining your checkbook, you will learn how to deposit money,
write checks, and balance your accounts.
Taxes/Fees
Rent
Computer Tax
Janitorial Tax
Use of Material

$75.00
$25.00
$25.00
$25.00

Bonuses: Extra money can be earned weekly for the following:


Consistently use good work habits which would produce high quality class work
and homework assignments completed in a timely manner.
Willingness to help classmates and teachers/staff
Cooperative and positive attitude
Writing assignments daily in agenda
Following directions the first time
Keeping folders and homework organized with all materials
Agenda signed by parent/guardian and presented to teacher
Completing reading log assignments on time
Demonstrating an Act of Kindness
Modeling a Good Citizen Trait (ex. respect, effort, responsibility etc.)
Fines: In addition to fine, Responsibility Journals must also be completed.
Sent to the Office
Missing homework
Breaking specialists rules
Breaking substitutes rules
Breaking classroom agreements
Poor Attitude
Disrespecting yourself or others
Replacing lost materials
Playing with toys
Not raising hand
Not paying attention
No doing classroom job
No name on paper

$100
$50
$50
$50
$50
$25
$25
$10
$10
$10
$10
$10
$10

Other fines to be determined

________________________s Checking Account


Check #

Date

Transaction

Debit

Deposit

Balance

Name:__________________________________
1121 Warren Avenue, Room 103
Brockton, MA 02301

Check #________

pay to the order of:____________________________________________________________

$_____________

_____________________________________________________________________________________Dollar

Name:__________________________________
Community 103 Bank & Trust
1121 Warren
Brockton,
MAAvenue, Room 103
Brockton, MA 02301
For: ___________________________________________

Check #________
______________________________________________

pay to the order of:____________________________________________________________


:123456:
789
987654321

$_____________

_____________________________________________________________________________________Dollar

Name:__________________________________
Community 103 Bank & Trust
1121
Warren
Brockton,
MAAvenue, Room 103
Brockton, MA 02301
For: ___________________________________________

Check #________
______________________________________________

pay to the order of:____________________________________________________________


:123456:
789
987654321

$_____________

_____________________________________________________________________________________Dollar

Name: _____________________________________
______________________________

Date:

For:
________________________________________________________________________
__________________
Community 103 Bank & Trust
Brockton, Massachusetts
Credits can be deposited into your account
Date deposited: ___________________________

Banker: ________________________

Name: _____________________________________
______________________________

Date:

For:
________________________________________________________________________
__________________
Community 103 Bank & Trust
Brockton, Massachusetts
Credits can be deposited into your account
Date deposited: ___________________________

Banker: ________________________

Name: _____________________________________
______________________________

Date:

For:
________________________________________________________________________
__________________
Community 103 Bank & Trust
Brockton, Massachusetts
Credits can be deposited into your account
Date deposited: ___________________________

Banker: ________________________

Name: _____________________________________
______________________________

Date:

For:
________________________________________________________________________
__________________
Community 103 Bank & Trust
Brockton, Massachusetts
Credits can be deposited into your account
Date deposited: ___________________________

Banker: ________________________

Name: _____________________________________
______________________________

Date:

For:
________________________________________________________________________
__________________
Community 103 Bank & Trust
Brockton, Massachusetts
Credits can be deposited into your account
Date deposited: ___________________________

Banker: ________________________

Name: _____________________________________
______________________________

Date:

For:
________________________________________________________________________
__________________
Community 103 Bank & Trust
Brockton, Massachusetts

Name: _____________________________________
______________________________

Date:

For:
________________________________________________________________________
__________________
Community 103 Bank & Trust
Brockton, Massachusetts
Credits can be deposited into your account
Date deposited: ___________________________

Banker: ________________________

Name: _____________________________________
______________________________

Date:

For:
________________________________________________________________________
__________________
Community 103 Bank & Trust
Brockton, Massachusetts
Credits can be deposited into your account
Date deposited: ___________________________

Banker: ________________________

Name: _____________________________________
______________________________

Date:

For:
________________________________________________________________________
__________________
Community 103 Bank & Trust
Brockton, Massachusetts

Name: _____________________________________
______________________________

Date:

For:
________________________________________________________________________
__________________
Community 103 Bank & Trust
Brockton, Massachusetts
Credits can be deposited into your account
Date deposited: ___________________________

Banker: ________________________

Name: _____________________________________
______________________________

Date:

For:
________________________________________________________________________
__________________
Community 103 Bank & Trust
Brockton, Massachusetts
Credits can be deposited into your account
Date deposited: ___________________________

Banker: ________________________

Name: _____________________________________
______________________________

Date:

For:
________________________________________________________________________
__________________
Community 103 Bank & Trust
Brockton, Massachusetts

Name:
______________________________
________

Date:______________

Tax:

Name:

____________________________
______________________________
________
Fines:

Date:______________

___________________________
Tax:
Name:
Total:_________________________
____________________________
______________________________
__

Fines:
________

Date:______________

___________________________
Tax:

Remit Payment to Miss OBrien


Total:_________________________
____________________________
__

Received on:____________

Date Paid

Amount

Payee

Date Paid

Amount

Payee

Date Paid

Amount

Payee

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