
In the first chapter, the family stops in Detroit to pick up a deed to the property they purchased. They bought 80 acres at $1.25 per acre. We discussed what this meant. I explained that an acre is about the size of 3 football fields. One child said, $1.25 is a lot of money. Another child said, it isn't a lot of money because it is only 5 quarters. The children started talking about what you can buy today for $1.25. Many things were mentioned but it was finally decided that you could maybe buy a pack of gum for the same amount of money that Libby's family could buy an acre of land. Everyone was in awe. Then a child said that it cost a thousand dollars to buy a house today in Ann Arbor. Obviously, money is still a very abstract concept for first and second graders.
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