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Travis Heights Elementary School > School Event > 5th Grade PBL–Food Trucks

5th Grade PBL–Food Trucks

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Did you know our 5th graders have been learning about becoming small business owners?  Using their creativity and math skills, they worked on developing a business plan for a food truck.  Specific vocabulary that they developed an understanding of included:

  • expense
  • gross income
  • net income
  • profit
  • loss
  • salary
  • minimum wage
  • property tax
  • payroll tax
  • income tax

Each business had to calculate costs (including tax), determine a price for their product and then calculate whether their business would have made a profit or a loss.  Check out the plan they had to complete for their business:

 

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