Junior Achievement of Arizona recently completed a renovation at its JA BizTown, a student-sized town built to engage 4th, 5th and 6th graders in personal and business finances through simulation-based learning. Meta (formerly Facebook) is one of the new businesses where students can experience economic concepts, learn workplace skills, manage personal and business finances, and more. They recently held a ribbon cutting at their new space in BizTown.
Meta said, â€œWe broke ground on its highly advanced five-building, data center campus in Mesa in August 2021, to support its technologies used by billions of people around the world every day and is committed to being a community partner where they operate.â€
Students first take part in a series of classroom lessons where they learn about working in and being consumers in todayâ€™s world. They create business plans, calculate operating costs, design a marketing campaign, apply for jobs, vote for city officials, and explore careers. Then, they put their skills to work by becoming employees for a day in one of our two JA BizTowns, on-site learning facilities that feature more than 40 different businesses and industries.
During their time at JA BizTown, students operate a simulated economy and take on the challenge of running businesses. They get hands-on experience as both employees and consumers, paying rent, taxes and utilities, buying advertising from the radio station, conducting TV interviews, purchasing insurance, depositing paychecks and buying other businessâ€™ products, handling customer service, and more.
â€œThe students get to see what itâ€™s like to be an adult, making tough decisions about where to spend money and understanding the responsibilities of being an employee or business owner,â€ said Anne Landers, VP of strategic impact at Junior Achievement of Arizona. â€œOur partners in JA BizTown do such a great job bringing the experience to life and helping kids imagine whatâ€™s possible for their futures.â€