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Last week's exhibition at the Boston school committee's Beacon Street building was a public show of classroom work done by the children. Notable was the ease with which moppets grasped economic and quasi-economic ideas, illustrated them with graphic charts and pictures. Examples:
> An eighth-grade crayon drawing of an automobile, with tabs that pull out to illustrate the various farm products used in manufacturing a car.
> Cartoon "movie" strips of manufacturing processes, from raw material to finished goods.
> A play, The Loan Shark, demonstrating possibilities of fraud in loan transactions.
> Home budgets worked out by seventh-graders.
> An eighth-grade soap sculpture of a peasant tilling his land with a primitive plow. Back of the peasant is a stone wall. A classmate told the sculptor: "They didn't have stone walls in those days.'' Said the sculptor: "That's a symbolic wall to show the beginning of private property."