Story of Jim Henson, Creator of the Muppets, The
From his youth, Jim Henson was a talented artist and puppeteer. His creativity and entrepreneurial spirit led to a remarkably successful business while delighting children and adults with the charming Muppets.
Economic Concepts
- Entrepreneur
- Profit and Loss
- Opportunity Cost
Grade Levels
- Intermediate (4-6)
Related Subjects
- Entrepreneurship
- Art
- U.S. History
Teacher Tips for Using this Book
Puppet Economics
Students create a puppet show and experience basic economic concepts. Using decision-making skills they choose the plot and characters. They become producers, using scarce resources, as they create the puppets. They use specialization and interdependence when they organize for production. They build their own human capital when they rehearse for the show. Finally they learn about consumers and market as they present their show.


Lesson 41, The Story of Jim Henson, Creator of the Muppets
from Economics and Children’s Literature:
Students read the book and discuss the concepts related to entrepreneurship. Then they make a Muppet for homework, and then later work in groups to produce a show with their new Muppets.