Tax Time
Objective
Students will apply real-world math skills by calculating taxes on goods, managing a budget, and understanding how tax revenue supports community assets. Through this interactive game, students will experience earning income, paying taxes, and making financial decisions. Throughout the game, students will have the opportunity to earn Bankability dollars for staying on task, encouraging their peers, and assisting others as needed. Current Bankability users can integrate these earnings into their classroom economy. No Bankability account? Use the templates provided and click here to learn more about bringing Bankability to your program.
Directions for this Extension Activity:
In this activity, students will learn how taxes play an important role in funding community resources like roads, schools, hospitals, and parks. Students will participate in a hands-on game where they will earn income, pay taxes, and manage their money as they navigate real-world financial scenarios. The goal is to successfully complete the game while managing their finances wisely.
Duration: ~15 minutes* [will vary based on students' level of need]
Digitability Curriculum Concepts: Financial Literacy, Communication, Social Skills
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