ERIC Number: EJ563064
Record Type: Journal
Publication Date: 1998
Reference Count: N/A
"Hey, would you like a nice cold cup of lemonade on this hot day?": Children's Understanding of Economic Causation.
Siegler, Robert S.; Thompson, Douglas R.
Developmental Psychology, v34 n1 p146-60 Jan 1998
Three experiments examined children's understanding of functional relations in economics. Found that preschoolers understood effects of demand and second graders also understood effects of supply, but even fourth graders often failed to understand motivation and morality effects. Fourth but not second graders explained how motivation and morality influenced sales when told these variables affected sales. (Author/KB)
Publication Type: Journal Articles; Reports - Research
Education Level: N/A
Authoring Institution: N/A