“Exchange City Might Be Gone, But Kansas City Kids Still Take Field Trips To Run Their Own Businesses” by KCUR

By Elle Moxley | kcur.org | August 26, 2019

Excerpt from the news article, “Exchange City Might Be Gone, But Kansas City Kids Still Take Field Trips to Run Their Own Businesses“.

If you grew up in suburban Kansas City in the 1990s, you probably remember taking a field trip to Exchange City or the Blue Springs School of Economics, simulated towns run entirely by 10-year-olds.

Exchange City closed years ago, but the Blue Springs program still teaches 12,000 elementary students a year about money, scarcity, opportunity cost and supply and demand. And next month, the School of Economics is opening a new downtown location in the UMB bank building.

“Everybody wants to be mayor,” said Sue-Ann Johnson, director of the School of Economics. “The mayor has the fun job of collecting taxes.”

Here’s how it works: kids fill out job applications and interview for a position. During their field trip, they earn money working as bankers, shopkeepers and cooks. (There’s even a health inspector to make sure all the food that’s prepared is safe to eat.)

To read the full story, check it out here.