Fedville, from the Federal Reserve Bank of San Francisco, is an online town built for kids that can be found at http://www.frbsf.org/education/fedville. In Fedville, kids can open a virtual savings account at the local bank and watch their money grow. As they learn their way around town, they can earn trivia cards. There are also movies about saving money, and kids can virtually shop at local stores, but only if they have earned enough money first. While this game doesn’t involve any virtual entrepreneurship, it is a good way for younger kids to get introduced to the basic principles of spending and saving.
Entrepreneurship games for students aren’t limited to those for high school and younger. Industry Player, at http://www.industryplayer.com is an entrepreneurship game for college and graduate students. It simulates every aspect of entrepreneurship, including investment, financing, strategy, consumers, banks, workforce, environment, and interaction with competitors. While the full game is not free, there is a free trial available at the website.
Of coursem online Entrepreneurship games for students overview would be incomplete without the famous lemonade stand. Students can set one up at http://www.lemonadegame.com. The goal is to make as much money as possible in 30 days by setting up a lemonade stand. Players control pricing, quality control, purchasing of supplies, and inventory control. Other factors include unpredictable weather, and customer satisfaction, which customers will share with their neighbors, friends, and relatives.