Students profit from ‘BizWorld’ lesson | PostIndependent.com
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Students profit from ‘BizWorld’ lesson

A group of fourth-graders immersed themselves in “BizWorld” on Friday at Sopris Elementary School. Eager to braid friendship bracelets to sell to their peers and learn a little bit about how businesses work, students in Jim Benson’s class listened to Glenwood Springs High School students introduce them to BizWorld.BizWorld is a program that the high school’s Future Business Leaders of America students are participating in that introduced young children to the vocabulary of the business world. Indeed, Benson’s class got a short lecture on how their fictional Apple Computer stocks were doing last week, as compared to the previous week. But BizWorld isn’t just about stocks. “They start their own little business and build bracelets to sell to other classmates,” said Glenwood High freshman Savanna Cochran. Friday – the second of four Fridays the class does BizWorld – was bracelet manufacturing day. Six high-schoolers helped four groups of fourth-graders learn how to braid the bracelets, while some kids looked, well, a little confused. Most of the kids caught on quickly, but the FBLA students wanted the kids to keep in mind the motive for making the bracelets.”They’re going to manufacture their products, and they’re going to figure out how many they should make to make the most profit,” said GSHS senior Carolyn Wiltse. “I’m interested in business because you make a lot of money.”Once the kids finish the manufacturing process, they will advertise their products to other classrooms, and sell them to their classmates for “BizBucks.” The program “just helps kids understand some of the economic issues, as far as how businesses run, and just to get an idea how the stock market works,” Benson said. Each group of Benson’s kids appointed a president and vice president of marketing for their fictional companies. There’s “a lot of good vocabulary they get to understand as far as the economy is concerned,” Benson said. But while business is the name of the game, there’s something to be gained from working with high school kids, he said. “They have respect for the high school kids,” he said. “They like that change, and so they get to appreciate their outlook on life and the values they share.”Contact Bobby Magill: 945-8515, ext. 520bmagill@postindependent.com


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