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Westport Algebra Students Run Small Businesses, Make Charitable Donation

WESTPORT, Conn. -- Seventh-grade students in the honor algebra program at Westport's Coleytown Middle School recently took part in a group project that required them to connect their math skills to running a real-world business, according to a press release. 

Hillary O'Neill, Ellie Arrow, Lia Chen, and Mia Fraas donate a check to Jeff Weiser from Homes with Hope

Hillary O'Neill, Ellie Arrow, Lia Chen, and Mia Fraas donate a check to Jeff Weiser from Homes with Hope

Photo Credit: Contributed
Josh Xiang, Dawson Byrd, and Daniel Kornbluth donate a check to Lissy Newman and Dan Kail from the Hole in the Wall Gang Camp.

Josh Xiang, Dawson Byrd, and Daniel Kornbluth donate a check to Lissy Newman and Dan Kail from the Hole in the Wall Gang Camp.

Photo Credit: Contributed

The students were required to run small businesses and connect their learning to the algebra curriculum as well as marketing, economics and persuasive writing, the press release said.

Before selling their products, students surveyed their peers to determine consumer interest in their products and the price point. They took out business loans and carefully monitored their inventory. The students also ran their “stores” for 14 mornings before class and sold items such as sports watches, pens, pencils, sharpeners, muffins, and Jolly Ranchers.

Once the selling was complete, students immersed themselves in analyzing their businesses. Finally, each group created a proposal presentation containing the most persuasive analysis pieces to vie for space in a fictional school store.

The students businesses realized a profit of more than $1,400, which was donated to The Hole in the Wall Gang Camp and Homes with Hope.

 

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