Teaching Economics with Children’s Literature: The Berenstain Bears’ Trouble With Money

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Introduction and Summary

In Trouble With Money, by Stan and Jan Berenstain, Brother and Sister Bear are very good at spending money.  Any time they receive money from a grandparent or from a neighbor, they run to the Country Mall and spend it all.  One day their mother decides they should start receiving an allowance  so that they may learn the value of money.  Their father says that they should instead earn their money so Brother and Sister Bear decide to start doing odd jobs to make money.  They begin to make a lot of money.  When their father finds out that they start to sell the family’s secret location of the best honey trees he gets very upset.  At the end of the story the little bears give their father all of their hard earned money so that he won’t have any worries about money.  The cubs have learned a lesson!  Finally they get to go to the bank to put the money into a savings account to earn interest.  A great story for any child that is learning about the value of saving money.

Curriculum Connections

Trouble With Money could be a useful resource for first grade students that are learning about the value of money and about saving and spending.  Students could have this book read to them or try to read it themselves.  Then they could write a short passage about what they would do if they were given an allowance, save it or spend it.  Students should be encouraged to think about money in a postive way. (VA SOL’s 1.7, 1.8, 1.9)

Additional Resources

  • Planet Orange – Virtual lessons on saving and spending money for kids.

General Information

Book:  The Berenstain Bears’ Trouble With Money
Author:  Stan and Jan Berenstain
Illustrator:  Stain and Jan Berenstain
Publisher: Random House Inc.
Publication Date: 1983
Pages: 30
Grade Range: K-2
ISBN: 0-394-85917-0

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Teaching Economics with Children’s Literature: The Emperor’s Birthday Suit

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Introduction and Summary

The Emperor’s Birthday Suit, written by Cindy Wheeler and illustrated by R.W. Alley, is a book that takes children along a comical journey of an Emperor that wants a new outfit to wear on his birthday during a parade.  He wants it to be extra special so he interviews tailors from all around.  He finally decides on two tailors that promise him a magic suit.  “A suit that fools couldn’t see!  A suit that only wise people could see! That would indeed be a suit like no other!”  The tailors demanded bags of gold and silver coins along the way so they could get paid before anyone caught on to their trickery.  Once they finished, the Emperor put on the invisible suit.  He did not let anyone know that he did not see it because he was afraid people would think that he was a fool.  The parade began and the Emperor was walking around in his t-shirt and underwear.  A young child screamed out the truth and everyone went looking for the crooked tailors.  They were caught just as they were running out of town.  Their punishment was to make the Emperor a new wardrobe of REAL clothes.

Curriculum Connections

The Emperor’s Birthday Suit is a super resource for teachers to help students understand how people are consumers and producers of goods and services (SOL Economics 1.7)  The tailors provided a good for the Emperor, his new birthday suit.  Another content that this book touches on is the use of money in exchange for goods and services. (SOL Economics 2.8)  The Emperor paid the tailors for their good (his birthday suit) with bags of gold coins.  Lastly, while reading this book, students can see that there are consequences for doing wrong and that they must not cheat others. (SOL Civics K.8, 1.10, and 2.10)

Additional Resources

  • Lesson plan idea where everyone in the class gets a different job and gets paid for it with pretend money
  • Online PowerPoint presentation on economics, specifically teaching goods and services
  • Interactive activity that allows children to identify what or who provides a good or a service.

General Information
Book: The Emperor’s Birthday Suit
Author: Cindy Wheeler
Illustrator: R. W. Alley
Publisher: Random House Inc.
Publication Date: 1996
Pages: 48
Grade Range: K-3
ISBN: 0679874240

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Instructional Resource Set – Third Grade Fractions

Introduction

This instructional resource set has been developed to meet the current Virginia Department of Education’s Standards of Learning (SOL); specifically, third grade mathematics SOL 3.5, 3.6, and 3.11 which cover fractions.

Recommended Fraction Books

1.  The Hershey's Milk Chocolate Fractions Book by Jerry Pallotta: Book Cover

The Hershey’s Milk Chocolate Fractions Book by Jerry Pallotta and illustrated by Rob Bolster

Published in New York, New York by Scholastic Inc. 

What a delicious way to get students excited about learning fractions.  Even if there may be a limitation on the use of an actual candy bar, the book supplies a reproducible picture of a candy bar.  It is wonderful manipulative showing different types of fractions – down to one-twelfth.  It is an introductory book that can lead to mixed number fractions, reducing fractions, decimals, and percentages.
2.  Funny & Fabulous Fraction Stories (Grades 3-6)

Funny & Fabulous Fractions Stories by Dan Greenberg and illustrated by Rob Bolster

Published in New York, New York by Scholastic Inc.

Everyone loves to laugh and have fun.  Why not make a difficult subject interesting.  The humorous stories and pictures draw in the students with stories of detectives and adventures (and others) while covering recognizing fractions, reducing fractions, finding equivalent fractions, and adding and subtracting fractions (with like and unlike denominators).

3. Apple Fractions

Apple Fractions by Jerry Pallotta and illustrated by Rob Bolster

Published in New York, New York by Scholastic Inc. 

This book is a nice departure from the use of a pizzas and one that incorporates learning about some fruits (apples, oranges, and pears) and a small introduction to plant pollination.  It begins with a whole apple and progresses through halves, thirds, fourths, fifths, sixths, sevenths, eighths, ninths, and tenths with the help of little elves – emphasizing sharing and equal parts.

4. Piece = Part = Portion

Piece=Part=Portion by Scott Gifford and photographs by Shmuel Thaler 

Published in New York, New York by Tricycle Press

This is a great book for visual learners beyond the introductory stage.  It is the English and Spanish edition.  It has wonderful pictures that include the three different ways to write a portion: fraction, decimal, and percent.  In this book, the author uses some example involving currency (one-fourth of a dollar).

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The Wishing Club by Donna Jo Napoli and illustrated by Anne Curry

Published in New York, New York by Henry Holt and Company LLC

Fractions are learned through problem solving.  The children are trying to figure out why they are only receiving a portion of the wish made on a star.  Each child wants to receive her or his whole wish.  Together, they try to think of wish that will result in a whole thing.

Recommended Web Sites for Students

1.  Mini Printable Fraction Books

This website begins with an overview with menu options that run the gammit of fractions.  It supplies information from the introductory knowledge and concepts to multiplication and division.  However, I choose this web site for the printable worksheets and books.

2. Third Grade Math Practice (see section on Fractions)    

A review of fractions is given as the first choice.  In total, twelve sections are available to the student to practice their knowledge content and understanding.  Use of whole and sets are displayed as a group of items with different colors, geometry shapes with portions in color, and points on a number line.  If a question is answered incorrectly, the results will state as such and give an explanation.  This is a good simulation of testing a student can use at home or as a work station in class.  There is no time constraint and the student can learn at there own pace.

3. 

The Case of the Mysterious Fraction Thieves Web-Quest     

I designed this Web Quest to reinforce the contents of the Virginia Department of Education’s Standard of Learning 3.5 Number and Number Sense – Fractions.  It begins with the following introduction: There have been several thefts in Whole Town and Part City.  The two of you have been assigned as the detectives on the case of The Mysterious Fraction Thieves.  You’ll have two days to solve the crime.

4.  Fraction Model I     

This fraction model allows the student to choose between the visual representation of a circle, square, or set.  The student can manipulate the slider bar controlling the numerator number and the slider bar controlling the denominator bar.  As the numerator and denominator are changed, the portion symbols for fraction, decimal and percent change.  The student gets a view of future math knowledge that builds on fractions.

5. Fraction Games   

Grampy and Grammy play hide and seek on a number line.  The student watches as either Grampy or Gram go hide.  One game gives the denominator and asks the student for figure out the numerator by locating Grampy behind a row of hedges.  A second game asks the student to find Grammy but asks for both the numerator and denominator.  The third games requires the student to take pieces of a cookie (fractions) and make whole cookies for Grampy.  The last three games deal with weighing the Gregs (black jelly bean characters).  These games deal with grams and decimals.  All of the games have helpful hints (too large, too small, hot, cold, higher, or lower) to get the student to right answer.

Additional Resources for Supporting Instruction

1.  Math Teaching Ideas – Fractions

This web site gives several of tools for teachers.  The site contains worksheets, Smartboard instruction, and games with stated learning objectives.

2.  Fun with Fractions    

This web site is organized with clearly written lesson plans.  An overview and five lesson plans are detailed out for the teacher.  Lesson 1 – Making and Investigating Fraction Strips, Lesson 2 – More Fun with Fraction Strips, Lesson 3 – Investigating Fraction Relationships with Relationship Rods, Lesson 4 – Investigating Equivalent Fractions with Relationship Rods, and Lesson 5 – Inch by Inch.  Each lesson plan is organized with learning objectives, materials, instructional plan with illustrations, questions for students, assessment, teacher reflection, NCTM standards and expections.

3. A Collection of Math Lessons, Grades 1–3      

A Collection of Math Lessons – Grades 1 – 3 by Marilyn Burns and Bonnie Tank
Published in Sausalito, California by Math Solution Publications

Marilyn Burns provides classroom-tested lessons problem-solving approach to teaching. The book contains a vast array of math curriculum for these grades – including fractions.  She give examples of actual student work to help teachers recognize where a student’s learning lies and the areas for improvement.

4.  Virginia Department of Education Enhanced Scope and Sequence – Grade 3 (Pages 30 – 58)

What better way to devise a lesson plan than going to “the horse’s mouth!”  If you do not use what is actually presented in these 28 pages, you will at least know what is expected and have a starting point to create your own lessons and worksheets.

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Teaching Economics with Children’s Literature: The Kid’s Guide to Money

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Introduction and Summary:

The Kid’s Guide to Money: Earning It, Saving It, Spending it, Growing it, Sharing it, by Steve Otfinoski, provides kids with information on several different areas regarding money.  This book tells kids that to get money you will have to earn it.  It reviews several chores you may do in order to get an allowance.  It also provides information on jobs that kids may be interested in when they grow up.  This text has a chapter about spending money and focuses on the responsibilties of spending and the importance of making a budget.  It goes through detailed steps of how to make a budget.  Further information is provided on how to be a smart consumer.  This text further talks about the rewards for young children to put their money in a bank and how adults put their money in other areas, like the stock market and bonds.

Curriculum Connections:

This text would be useful in helping children understand that in order for studens to get the things they want, they have to work to earn them. (VA SOL K.7 b).   In addition, this reference contains very helpful information regarding saving money, informing students “if you want something you can’t afford right away, the best way to get it is to save for it.”   This text provides four reasons why it is helpful to put your money in a bank and talks about the usefulness of a savings account (VA SOL 1.9).  This book contains appendices which provide books for further reading, a glossary, and an index.

Additional Resources:

Money, Money Honey, Bunny is a lesson plan that utilizes this book and provides information on the difference between spending and saving and goods and services.  This lesson also provides a matching game to review content from the story and practice of rhyming words.  This lesson is for ages 6-8.

The Pickle Patch Bathtub is a lesson plan that focuses on opportunity costs and savings.  This lesson is for ages 8-10.

Introducing the Classroom Economy: This website provides a lesson to set up a classroom economy, providing classroom jobs to students and assigning daily or weekly salaries to these positions.  This lesson has a component involving credit and debit that could be left out for elementary students.

General Information:

Book:     The Kid’s Guide to Money
Author:  Steve Otfinoski
Illustrator: Kelly Kennedy
Publisher:  Scholastic Inc
Publication Date:  1996
Pages:  1-128
Grade Range: k-6
ISBN: 0-590-53853-5

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Teaching Economics with Children’s Literature: Pigs Will Be Pigs

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Introduction and Summary
Pigs will be Pigs
was written by Amy Axelrod and illustrated by Sharon McGinley-Nally.   This is a story of a family of pigs who become hungry and decide that it is time to eat.  The only problem is they haven’t any money.  They turn their house upside down on a quest for loose change and some bills to have enough to go and eat.  The story is very kid friendly and the pictures are wonderful in capturing the stereotypical evidence that pigs really are pigs.  In the back of the book, it summarizes how much money the pigs did collect and shows it in a simple set of columns that the children could add together.  The book also asks about how much did their visit to the restaurant cost which would encourage some basic arithmetic.  Finally for those kids up for the challenge are encouraged to determine how much money did they have left after their dining experience.

Curriculum Connections
This book could be used for a couple of different concepts.  It could be used for a younger audience just learning about the concept money and how money is used to buy goods and services.  It can also teach economic choices for example (I want this, but I need that to survive) economic cost.  For older groups of children it can be used to help teach addition and subtraction skills as well as also incorporating the economic cost of choices made.  The book touches on both economics and mathematics at the same time.  (VA SOL 2.8).

Additional Resources

  • This website titled Peanuts and Crackerjacks combines sports trivia with economics questions.  It is geared for older kids and is a lot of fun while discussing economics.
  • This site includes a game called Dumptown which is all about recycling programs and managing expenses and revenue from recycling.  Teachers and parents can assist with this game until the students get the idea of it.
  • This site provides information that can be used to create an activity involving supply and demand or can be turned into a lesson plan on this concept.  This would be ideal for 3rd graders in their understanding of economics.

Book: Pigs will be Pigs
Author: Amy Axelrod
Illustrator: Sharon McGinley-Nally
Publisher: Aladdin Paperbacks
Publication Date: 1997
Pages: 31
Grade Range: 2nd – 4th grades
ISBN: 0-329-12098-0

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Teaching Economics with Children’s Literature: Arthur’s Funny Money

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Arthur’s Funny Money, written and illustrated by Lillian Hoban, is a story about Arthur and his younger sister Violet. Violet is learning her numbers and asks Arthur for some help figuring out a problem.  He promises to help her but first needs her help to earn enough money to buy a shirt and cap for his Frisbee team.  Violet offers some suggestions to earn the money, like running errands or washing cars, but Arthur doesn’t like any of those ideas.   Arthur decides he’ll wash bikes to earn the rest of his money.  However, before he can start his bike washing business he needs to buy soap and a brush.  He uses the money he has to buy his supplies and then sets up his business. Some of his friends show up to get their bikes washed but some of them want deals and half prices washes because they brought their skateboard or they have a tricycle instead of a bicycle.  Arthur works out some deals and washes all their bikes and other wheeled things.  While he’s washing, Arthur has Violet keep track of the money he makes on a piece of paper.  After finishing all the bikes Arthur realizes he is out of soap so he and Violet go back to the story to buy more.  When they get to the store the soap is more expensive this afternoon then it was earlier in the morning.  Instead of buying it, they decide to go to another store and see if the soap might be cheaper there.   On their way, they pass the sports store where Arthur needs to go to buy his shirt and cap.  Violet thinks that Arthur might have enough money already to buy what he needs, so they go into the store to see.  The lady behind the counter tells Arthur he needs $4.25 to buy his shirt and cap.  He dumps out all his money and he and Violet check it against the list Violet recorded with all the money he made from washing bikes and he has $4.43!  He buys his shirt and cap and 5 licorice twists.  Violet reminds him she still needs help to solve her number problem.  So Arthur demonstrates the problem with licorice twists but is upset when he realizes that after helping her solve the problem he is left with only 1 licorice twist. But Violet shares the twists evenly with him and they both eat 2 and a half licorice twists for a job well done.

Curriculum Connections
Arthur’s Funny Money is suitable for grades K-3 and can be used to introduce and/or reinforce math or economic concepts. Arthur’s Funny Money can be used to explain how people need to work to earn money to buy the things that they want and how you have to make choices  about what you buy because you can not have everything you want(Va SOL K.6,7,1.8).  Opportunity cost can also be introduced with examples from the book(Va SOL 3.9).  Arthur’s Funny Money could also be used to help explain the difference between the use of barter and the exchange of money for goods and services(Va SOL 2.8).  In the area of math, Arthur’s Funny Money can be used as an introduction or as a reinforcement for the measurement of money(Va SOL K.7, 1.10a&b, 2.11a&b).

Additional Resources

  • This website has several lesson plans for 2nd grade that introduce money.
  • This lesson plan can be used with 1st – 4th grade, and explains the different between goods and services.
  • This activity, which can be used at different levels, has students choosing items they can buy based on the amount of change they have.

Book: Arthur’s Funny Money
Author & Illustrator: Lillian Hoban
Publisher: HarperCollins
Publication Date: 1984
Pages: 64 pages
Grade Range: K-3
ISBN-10: 0064440486

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Teaching Economics with Children’s Literature: What is Money?

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What is money? written by Mary Firestone and illustrated by Enoch Peterson is an easy to read book about why money is used, currencies of the world and how bills and coins are made.  If explains to us that without money, people have to barter or trade so money makes it easier to get what you want.  We learn that buying is like trading and that people trade their time and skills for money and then trade money for things.  The book is written in a kid friendly manner, has great real pictures and includes fun facts on many of the pages.    There is a hands on activity at the end of the book as well as a glossary, a couple of additional book suggestions and directions for how to find safe, fun internet sites related to this book.

Curriculum Connections:

This book would be perfect to use in the introduction of money.  It could be used with younger kids to explain that people work to earn money to buy things they want (Va SOL K.7 b) as well as slightly older kids to distinguish between the use of barter and the use of money in exchange for goods and services (Va SOL 2.8).  This would be a good book to have in the classroom as a resource and could probably be read by second graders.

Additional Resources

  • Visit Dollar the Dragon to learn more about banks, checks, savings, atms, and more.
  • The FDIC learning bank is a website for students, teachers and parents to learn about the FDIC with your tour guide, Carmen Cents, the pig.
  • Donut Dinero is a lesson plan which includes bartering activities.
  • Needs and Wants provides background information as well as activities.

General Information:
Book: What is Money?
Author: Mary Firestone
Illustrator: Enoch Peterson
Publisher: First Fact Books
Publication Date: 2004
Pages: 24
Grade Range: K-3
ISBN: 9780736826426

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Teaching Economics With Children’s Literature: I Can Count Money

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“One way to count the value of different kinds of coins is to count the most valuable coins first. ”  The book I Can Count Money teaches students many tricks like this one that can help students learn to count money.  The book also contains a review section, index, and a “learn more” section for students.

Curriculum Connections

This book could be used when discussing the differences between barter and the use of money in the exchange for goods and services(SOL 2.8.j).  It would teach students the different types of coins and paper money and their values.  The book would be most appropriate for grade levels 1-2.  A great cross curriculum book, this book ties nicely with math units on money!

Additional

Interactive money games such as” flipping coins” and “adding money stacks” are posted on this site- a great teaching tool!

A coloring page called “money match” teaches the values of coins through a matching game.

A song to teach the students the value of coins on this web page.

Book: I Can Count Money
Author: Rebecca Wingard-Nelson
Publisher: Enslow Elementary Publishers
Publication Date: 2009
Pages: 24 pages
Grade Range: 1-2
ISBN: 978-0-7660-3658-1

 

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Teaching Economics with Children’s Literature: The Story of Money

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The Story of Money, written by Betsy Maestro and illustrated by Giulio Maestro, provides a thorough history of how simple pieces of paper eventually came to be the accepted means of payment around the world known as "money."  The book also highlights the act of trade whereby explaining the ancient procedures of bartering and use of commodities such as salt, grain, and tobacco as means of exchange.  In other words, long ago, people would exchange items they could spare for other items they desired (VA Economics SOL 1.8, 2.8).  Such is the case when the "Sumerians melted silver and formed it into small bars, [and] stamped [them] with exact weight [to] let people know how much silver they were getting or giving in return for goods or labor" (15).  In this, the barter system ultimately paved the way for money.  The authors uncover the many forms of money that have been connected with human history—past, present, and even, future.

Curriculum Connections

The authors do an excellent job at presenting a complicated subject in an easy to understand, entertaining way for children.  The book allows children to take a journey through time, thus clearly showing the evolution of money from what it was in the beginning to what it is today.  Just as the text progresses and modernizes throughout the book, so do the brilliant watercolor images.  Children see people working on the rivers, living in huts and wearing traditional dress as they exchange goods for "money" years ago.  As the pages draw to an end, children see images that have become familiar to them today.  Large cargo ships carry goods in and out of American ports and people wait in line at the bank for the ATM.  In all of these examples, children are introduced to the idea of consumers, suppliers, and the need to work together in order to satisfy needs (VA Economics SOL 3.7).

Additional Resources

  • This website for kids allows children to practice using coins so as not to “Break the Bank.”  They can research money history, play games, and create change! 
  • This interactive site presents children with a scenario of winning money then asks them choose ways in which to save their money.  The various paths kids take, demonstrate different outcomes, thus showing children the value of money.
  • This lesson plan for teachers to utilize when teaching money allows children to understand and master the practice of trading goods for money in the “Barter Bag.”

Book: The Story of Money

Author: Betsy Maestro

Illustrator: Giulio Maestro

Publisher: Harper Collins

Publication Date: April 25, 1995

Pages: 48 pages

Grade Range:  Ages 7-10

ISBN: 0688133045

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Teaching Process Skills with Children’s Literature: Looking at Nature: How Does It Feel?

Ever wondered how we can look at an object and sense how it would feel if we touched it? When did we learn that spiky things hurt or that extreme water temperatures were uncomfortable?  The book Looking at Nature: How does it feel?  teaches the reader how to infer things about the feeling of an object. Bobbie Kalman, the author, begins the story by introducing the 5 senses that humans have.

 “We have five senses. Our senses help us learn about the world around us. We see with our eyes. We smell  with our noses. We taste with our mouths and tongues. We hear with our ears. We touch things, to feel what they are like. Our sense of touch is in our hands and skin. What is this hand feeling?”

The book continues to show pictures of animals and objects, and asks questions about how we can imagine something would feel. Question after question throughout allows for kids to think rather than be told. They need to decipher why something may feel the way it does. Experience can be key in figuring such things out. If an student has a pet cat they can figure out that a bunny might feel similar based on how the furs look. Looking at Nature: How Does It Feel? also introduces empathy by getting students to think about how a lizard might feel if it crawls on a cactus.  The photographs throughout are outstanding and really give the reader a “feel” for what touching it may feel like. Check it out!

Curriculum Connections: 

 Looking at Nature: How Does It Feel? can be used in particularly first grade classroom when teaching the kids to make inferences and draw conclusions about familiar objects.(VA Scientific Investigation, Reasoning, and Logic 1.1) The question style of the book will allow students to think on their own to develop a reasoning for thinking something may feel a certain way. The words used to describe the feelings are thinks like sticky or rough. The book will teach to use appropriate words when trying to describe how something feels. This is a form of investigation because they are able to describe what they sense accurately.

This book could also work in a kindergarten classroom because it highlights one of the five senses (VA Scientific Investigation, Reasoning, and Logic K.2a). It does a great job of explaining how the skins feels.  Bobbie Kalman has a series of books that address the senses in a kid friendly way. Great resource! While the kids are listening to the book it would be fun to have some people holding things that can be found in the book so that they can tell the class how it feels. A feather, a small snail, a snake skin, and a turtle shell are examples.

Additional Resources:

Lesson Plan– Hands as a means of sensing how things feel.

Touching…– activity that can be used to get kids feeling things to see how their sense of feel can help them discover what something is without using any other sense.

Unit Plan -this link takes you to the introductory lesson plan about the 5 senses. Attached are great lesson plans dealing with each particular sense.

 General Information:

Book: Looking at Nature: How Does It Feel?

Author: Bobbie Kalman

Illustrator: collection of photos from Shutterstock.com

Publisher: Crabtree Publishing Company

Publication Date: 2008

Pages: 24 pages

Grade Range: k-2

ISBN:0-7787-3334-3

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