Sweet Potato Pie, by Kathleen D. Lindsey, is a favorite children’s book where a family’s farm is going to be repossessed by the bank after several drought years and unpaid loans.  The only crop that had grown after the late rains was sweet potatoes.  While Papa worried, Moma served the best sweet potato pie in the county to the five kids.  Then Mama had the idea to use the sweet potato crop to make pies to sell at the Harvest Celebration.  Like resourceful entrepreneurs, they utilized what they had and found something they could sell at the market.  The family specializes and works together to produce the pies.  The kids create a unique marketing idea.  The family finds new outlets for the pies that supplements their income.  But of most importance, they get to keep the farm.  And Mama’s pie takes first prize at the fair!

The Federal Reserve Bank of Kansas City has a lesson that teaches business basics including profit, loan, division of labor, entrepreneur, resources, incentives and more.  The Federal Reserve Bank of St. Louis also has a lesson that teachers division of labor, productive resources and specialization using different activities.  The two lessons complement each other very well.  

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