Monopoly, the long-lasting and iconic board game, celebrated its 78th year on February 6. As a gift, its marketer, Hasbro, got it a new cat token, while retiring the dull flat iron. As old as it is, Monopoly still is an effective tool for teaching children some fundamental notions about money. Article resource:

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What you have to learn about the past

Parker Brothers bought the rights to Monopoly in 1935 when Charles Darrow came up with the idea. The unemployment man was working part-time walking dogs and fixing steam-radiators to get by. Darrow based the game in Atlantic City, though street titles have changed since that time. It is definitely a cutthroat game loved by everybody.

However, many believe Darrow's game was actually a variation of the earlier The Landlord’s Game, patented in 1904 by Elizabeth Magie of Maryland. She was an activist, and her game had a political agenda. Players had the option of being a slash-and-burn capitalist and finish the game along with their competition, or they could work cooperatively, in which case play could possibly be sustained. It was inspired by the ideas of Henry George, a 19th century economist whose notions were endorsed by Mark Twain and Leo Tolstoy.

Reason for the pieces

Originally, the parts in the game all came from Darrow’s daughter’s charm bracelet. That is why they have nothing to do with businesspeople in any way. Most of the pieces have been in the game since it was very first released, such as the thimble, top hat, race car and more. The dog and wheelbarrow were added later on though.

The brand new piece is a kitty because of a Facebook competition. Followers were allowed to pick the piece from a list, and it was chosen.

Learning about math

Monopoly shows children to use money, count cash, and that the bank always has more than you do, according to Melissa Hincha-Ownby at the Mother nature Network. She also explained that you teach children that they have to pay rent and that there are consequences occasionally. If you do not pay taxes, you go to jail. It is a fantastic way to teach children. Parents use the game to teach financial lessons and fundamental economic principles.

Sources

Pacific Standard

CBS

Mother Nature Network