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PDF (11+) All About Money - Economics & Business

PDF (11+) All About Money - Economics & Business

This is the PDF to print at home. To purchase the PAPERBACK and read reviews on Amazon.


Help your child understand how money works! What causes shortages? Why do some businesses thrive and some fail? How does the government impacts communities and businesses? What do you need to know when starting a business? What is investing? Why does it all matter?

This book covers many important topics regarding Business, Economics, Government and even Pandemics and the impact of war on an economy.


After studying how money works, the student will have a chance to dig into history to understand plagues, pandemics, depressions and wars. They will be able to have a strong understanding of how these events impacted nations throughout history, and how these events impact us today.

There is also an exciting section on current events and the impact COVID-19 is having on our lives, businesses, schools, churches, government, community… and the ability to buy enough toilet paper!


At the end of the book the student will study different events in history and write news articles about each event showing how the events impacted the economy, families and communities. At the end of the book the student will write about a new idea for a business, that a kid could start, during a pandemic.

This book is essential to equipping your child to understand money from a much higher level than most citizens. If your child grows up understanding how the world works and how to thrive during troubled economic times, he or she will have a great chance at success in life!  


If as a parent, you have a weak concept of how the economy works join your child on this learning adventure!

If possible, order the book “Whatever Happened to Penny Candy” by Richard Maybury to dig deeper into each topic covered in this workbook. Your child will do research on the internet and will need some assistance in finding appropriate websites.


Join the Facebook Group: All About Money - Homeschooling Business, Economics and Government to share ideas for great websites and videos to go along with this book!

Table Of Contents:

Part 1: Understanding Money

6  What is currency?

8  The history of money

10 Money around the world

12 Budgeting money

14 What is a bank?

16 What is credit?

17 Credit cards

18 Debt

19 Good debt vs. bad debt


Part 2: Understanding the Way

People Make Money, Government, and Taxes

22 Ways people earn money

24 Employee

26 Self-employed

28 Business owner

28 What is business?

30 Investor

32 What are taxes?

33 Forms of taxes

34 1040 U.S. individual income tax return

36 Ignore taxes or better not?

37 The history of taxes

38 What is the government?

40 Forms of the government

41 Government revenue

42 Who is the president?


Part 3: Understanding Basic Economics

46 What is the economy?

48 Microeconomics and macroeconomics

50 Scarcity, choice, and opportunity cost

52 Needs and wants in economics

54 Goods and services

56 Price, cost, salary, and wage

58 Demand

60 Supply

62 Supply and Demand

64 Production

68 Distribution

69 Consumption

70 Trade

71 What is a transaction?

72 Import and export

74 Circular flow of income

76 Gross Domestic Product (GDP)

77 Real GDP of the U.S.

78 GDP in the United States.

79 Business cycle

80 What is inflation?

82 Inflation, depression, and recession 

84 How printing money affects the economy

86 Unemployment

88 What is a market?

92 Types of market structure

94 National Debt of the United States

96 Capitalism

98 Socialism

100 Communism

102 The economy and the law

104 The role of government in the economy


Part 4: Hard Times Paper - Be the Reporter

108 The Great Depression (1930)

116 The Spanish Flu (1918)

124 World War 2 (1939—1945)

132 The Great Plague (1665)

140 Research the COVID-19 Pandemic (2020)

148 Current Economic News



Thinking Tree Learning Levels:

A1 = Pre Reader (Pre-K) ages 2-5

A2 = Beginning Readers (K-1st) ages 6-7

B1 = Early Elementary (2nd-3rd) ages 8-9

B2 = Upper Elementary (4th-6th) ages 10-11

C1 = Junior High (7th-8th) ages 12-14

C2 = High school + (9th-adult) ages 13+


Many Thinking Tree Journals span a wide variety of ages because the students use books at his/her reading level. For example, some journals may say for ages 7-17 because you customize it and meet the student where he’s at.


Reproducible for Family Use Only.



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