Drawing for Dollar$

 

Deadline for Submissions:
Friday, April 23, 2021

Virtual Award Announcement:
Friday, May 7, 2021

Official Rules

  • The poster must be the original work of the student.
  • Posters must be on a white background and 8 1/2″ X 11″ in size.
  • Posters must be in color; markers, crayons, map pencils and paint are appropriate and encouraged. Artwork created digitally is also accepted (NEW!)
  • The economic or personal finance concept illustrated must printed on the poster and spelled correctly.
  • The poster must accurately portray the economic or personal finance topic drawn.
  • Student must be enrolled in an Oklahoma school and a teacher or principal named on the entry form for verification.
  • Artwork can be mailed or submitted online.
    • Mailed submissions: Mail the artwork to the Oklahoma Council on Economic Education, 100 N University Dr., Box 103, Edmond 73034. All entries must be postmarked by the deadline date. Please be sure each piece of artwork has a Student Entry Form taped to the back and that the package includes a Teacher/Class Entry Form if applicable (see Entry Forms below).
    • Online submissions (NEW!): Online submissions should be digitally created or scanned copies of hand-drawn artwork (photos not accepted) with a resolution of 300dpi and in a JPEG or PNG format (see Entry Forms below).
  • All entries become the property of the Oklahoma Council on Economic Education and may be used for publicity purposes.
  • A panel will judge the posters, and the judges’ decisions are final.
  • Division categories are: Pre-K – 2nd grade, 3rd – 5th grade, 6th – 8th grade and 9th – 12th grade. Students with the winning posters will receive a monetary award and a certificate.
  • Awards will be announced by the Oklahoma State Treasurer in a Virtual Award Announcement.
  • The judging criteria will be based on Creativity (20%), Accuracy of Concept (40%) and Interpretation of Concept (40%).

Draw a Picture About:
(a few ideas to get you started)

  • Capital Resources: Capital resources are tools and equipment used to make goods and services.
  • Consumers: Consumers are people who buy goods and services. Are you a consumer?
  • Economic Wants: Economic wants are desires that can be satisfied by consuming a good, service or leisure activity.
  • Entrepreneur: An entrepreneur is someone who takes the risk to develop a new product or start a new business.
  • Goods and Services: Goods are object you can touch or hold, and services are actions one person does for someone else.
  • Human Resources (Labor): Human resources are the people who work to produce goods and services.
  • Income: The amount of money received in exchange for labor.
  • Interdependence: Interdependence occurs when people or countries depend on someone else to provide the goods and services they consume.
  • Interest: The money earned on our savings.
  • Investing: In economics, investing occurs when people use money to purchase capital goods. In finance, investing occurs when people put money in long-term savings options like stocks and bonds.
  • Market: A market exists whenever people buy and sell goods and services. Markets are where prices are determined.
  • Natural Resources: Natural resources are materials found naturally and they are used in the production of goods and services. Examples are water, soil, minerals and sunshine.
  • Opportunity Cost: When you make a decision, the most valuable alternative you give up is your opportunity cost.
  • Price: The price is what people pay when they purchase a good or service.
  • Producers: Producers are people who make goods or provide services.
  • Productive resources: Productive resources are the natural, human and capital resources that are used to produce goods and services.
  • Productivity: Labor productivity measures how many goods and services are produced per worker.
  • Profit: Profit is the difference between the money people make when they produce and sell a good or service and all their costs of production.
  • Saving: Saving is the part of a person’s income that is not spent for goods and services or used to pay taxes.
  • Scarcity: Scarcity is the condition of not being able to have all of the goods and services that you want.
  • Specialization: People specialize when they produce only some of the goods and services they consume, then trade with others to get more of the things they want.
  • Supply and Demand: Producers supply goods and services. Consumers demand them. Prices in the market are determined by the interaction of supply and demand.
  • Trade and Money: People trade (exchange) with each other to get the goods and services they want. To make trade easier, people use money.
  • Trade-offs: Trade-offs means getting a little less of one thing in order to get a little more of another.
  • CLICK HERE for the Correlations to the Oklahoma Academic Standards

Hot Tips

Images should: 
  • have minimal text and clearly illustrate the economic concept.
  • Not include definitions as a part of the poster (minimal text).
  • Concept title should be written clearly and spelled correctly. Include the complete economic concept name illustrated in large  letters (1” is a good recommendation to students )near the top of the illustration. The concept title should be written clearly and spelled correctly.
  • ​Avoid dark backgrounds.

Entry Forms

For Mailed Submissions:

  • To download a copy of the Teacher/Class Entry Form, CLICK HERE
  • To download a copy of the Individual Student Entry Form, CLICK HERE

For Online Submissions:

  • To enter using our NEW! Digital Entry Form, CLICK HERE