Ask and Answer Questions
This is the reason the girl’s lemonade stand has more customers (or greater demand) than the boys on pages 526-527.
What is the price for her lemonade is lower, so the demand is higher?
The main idea is this.
What is the most important idea or point an author can make in a paragraph or section of text?
Follow up question: How will identifying the main idea help you as a reader?
An expository text explains facts and information about about a topic, as well as includes this.
What is text features?
Follow up question: What are some text features you see in today's story?
These are short sayings from long ago that express a general truth or observation about life.
What are proverbs and adages?
Follow up question: Can you think of a proverb or adage that you have heard before?
The money used in a country is this.
What is currency?
Follow up question: What are some examples of American currency?
These are three reasons people exchange money instead of berries or animal skin.
What are it is difficult to determine the value of berries and animal skin, people need something that can be used to buy other things, and money has value and can be used to buy things people need?
This detail on page 525 explains what leads entrepreneurs to start a business.
What is scarcity leads to business opportunities?
Follow up question: What does this adage mean?
The photographs and illustrations on page 521 are of this.
What is money?
Follow up question: Looking at the photos and illustration on both 520 and 521, what do you think this text will be about?
Read the following statement:
The South used their own paper money called Confederate dollars. History repeats itself. Just like Continentals, Confederate dollars lost their worth when the war ended.
These context clues shows that "History repeats itself." means things that have happened in the past will happen again.
What is, "Just like Continentals, Confederate dollars lost their worth when the war ended."?
Follow up question: Can you think of an example of history repeating itself?
Your first sale is an example of this.
What is a transaction?
Follow up question: What would you use during a transaction at a lemonade stand?
According to the laws of supply and demand (on page 527), this is the “best price” for merchandise?
What is the best price is a price that is low enough that people want to buy something, but high enough that entrepreneurs still want to make and sell it?
Starting a business costs entrepreneurs these two things (page 525).
What are time and money?
The heading The Global Marketplace on page 528 tells me the following passage will be about this.
What is how people use money to buy and sell things all over the world?
Read the following statement:
But Continentals were not backed by gold or silver. After the war they lost their worth. If at first you don’t succeed try, try again. In 1785 the first United States dollars were made.
"If at first you don't succeed try, try again." means this.
What is: If something doesn't work the first time, you should keep trying?
Follow up question: What is something you are currently continuing to try at?
A store's supply of food, clothes or other goods is an example of this.
What is merchandise?
An example of "supply and demand": is that when people started preparing to stay home for a few weeks due to COVID-19, the stores ran out of this.
What is toilet paper?
Follow up question:
Let’s say one guy bought a huge quantity of toilet paper, and tried to sell it for greatly increased prices.
1. Why would he be interested in doing this?
2. Why would the government not allow him to sell his toilet paper for the higher price.
3. Why would they shut him down? Is this fair? Fair to whom?
According to the last sentence on page 525, entrepreneurs must think of these two things when starting a business.
What is their supply and demand?
The title on page 520 includes the idiom “big picture”. This idiom suggests that this story is... (a detailed explanation or a general overview)
What is a general overview?
Follow up question: Why do you think this?
The proverb: "The worth of a thing is what it will bring." on page 526 means this.
What is the value of something depends on how much you can get for it?
Follow up question: What context clues did you use to help you understand the proverb?
An entrepreneur is this.
What is someone who starts a business?
The price of something affects the consumer's decision to buy the item in two ways.
A. The price does not influence the consumer’s decision to buy it.
B. The higher the price of the item the more likely they are to buy it.
C. The lower the price of the item the more likely they are to buy it.
D. The higher the price of the the item the less likely they are to buy it.
E. The lower the price of the item the less likely they are to buy it.
What are the lower the price of the item the more likely they are to buy it (C) and the higher the price of the item, the less likely they are to buy it (D)?
The key details tell us that entrepreneurs need to _________ when they start a new business.
What is make money?
Follow up question: What other details show that entrepreneurs need to make money if they plan to start a new business?
Discuss the graph on page 527 with your partner. Then generate a question that can be answered using the graph.
Example: How many $1.00 cups of lemonade were sold per day?
Follow up question: Can you answer one of the questions our class talked generated?
"Money is power." on page 529 is an adage because of this.
What is it's a short statement expressing a general truth?
Follow up question: what does the adage "Money is power." mean?
Spending money on your business even before your first sale is an example of this.
What is investing?
Follow up question: What is the purpose of investing in a business?