Learning Target: I can constructively participate in a Socratic Seminar.

Do Now: Read through the questions below. Choose two that you would like to discuss.


You will be assessing your partner.



  • Is there an opportunity cost to saving money?
  • Is a penny saved a penny earned?
  • What is the opportunity cost of a college scholarship?
  • Who decides who go to college?
  • How can this apply to Trump’s plan to reduce funding to many services and/or agencies?
  • How does saving/earning money relate to scarcity, choice and opportunity cost?
  • Is it really that important to save the penny?
  • Do banks care if they are earning or losing a penny?
  • How are pennies still important to the United States?
  • Why are pennies still made if the manufacturing cost is higher in value than the actual worth of a penny?
  • How does the price affect the way people view the product?
  • Why is opportunity cost so important?
  • Why does everything have an opportunity cost?
  • If you found money on the floor and picked it up is that money "earned"?
  • Is there opportunity cost of money given to you?
  • Can businesses get products without paying?
  • Who is in control of the economy?
  • Does money equal happiness?
  • Is opportunity cost and discount the same thing?
  • Why is a penny saved a penny earned?
  • How does opportunity cost and discounted price connect to a is a penny saved a penny earned?
  • If you are willing to pay more is it really a discount?
  • What would the phrase mean to other people in developing countries?
  • How do you earn without saving?
  • Is Donald Trump’s decision to increase military spending a smart decision? Why or why not?
  • How would defunding agencies and services (foreign aid) impact us as students, the people in our school and the people in our community? How can discounts be connected to things that aren’t monetary?
  • What is the better decision than defunding help for other places?
  • What is the value of a penny?
  • Why do Republicans want the government to spend less money?
  • What is the opportunity cost of saving a penny?
  • What could have Benjamin Franklin meant with this phrase concerning the time period he lived in?
  • Why do people choose not to spend the penny?
  • What can a penny symbolize in society?
  • How do savings and earnings interconnect?
  • What does the penny stand for?

  • Question Focus: