Three Third Grade Classes at Lakeview Elementary Learn About Goods and Services Through Hands-On Economic Activity

Lincoln Public School students are gaining hands-on experience in entrepreneurship and economics through a student-run farmers market initiative at Lakeview Elementary School. The program, designed to teach third graders about the flow of goods and services, allows children to create, market and sell products they’ve made themselves.

Three third-grade classes participated in the project, which integrated lessons in math, social studies, and communication skills. Students developed business plans, set prices, handled transactions, and interacted with customers during the market event held on school grounds.

According to the Lincoln Public Schools district website, the initiative aligns with state standards for financial literacy and experiential learning. “We want students to understand how economies work by doing, not just listening,” said a district curriculum specialist. Lincoln Public Schools

Learning Through Doing: The Student Market Experience

Students created a variety of goods for sale, including handmade crafts, baked goods, and garden produce grown in classroom plots. Each class operated as a small business, with students taking on roles such as manager, cashier, advertiser, and product designer.

Learning Through Doing: The Student Market Experience
School Lakeview Elementary

Teachers guided students through lessons on supply and demand, cost versus profit, and the importance of customer service. One teacher noted that students learned to adjust prices based on how quickly items sold, demonstrating real-time economic decision-making.

The event was open to parents, staff, and other students, creating a authentic marketplace environment. Organizers reported that over 150 visitors attended the market, contributing to a total sales volume that exceeded initial projections. Lakeview Elementary School

Connecting Classroom Lessons to Real-World Skills

Beyond economics, the project emphasized collaboration, creativity, and responsibility. Students kept track of inventory, made change using play money, and reflected on their experiences through classroom discussions and journals.

"Welcome to Third Grade!" from Lakeview's 3rd Grade Team

Parents praised the initiative for its practical approach to learning. One parent commented that their child came home excited to talk about profit margins and advertising strategies—concepts typically introduced much later in traditional curricula.

The district has highlighted the farmers market as a model for integrating career readiness into elementary education. Similar programs are being considered for expansion to other grade levels in the coming academic year.

As schools continue to prioritize practical life skills, initiatives like the Lakeview Elementary farmers market demonstrate how early exposure to economic concepts can foster both academic engagement and real-world preparedness.

For more information about innovative learning programs in Lincoln Public Schools, visit the district’s official website or contact your school’s curriculum coordinator.

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