In trade, how do you establish the value of the items needed and wanted. Objective Students will be able to determine the ways in which the Chouteau Family and the people of the Osage were able to establish a powerful trading relationship. Background Have access to the history of the Chouteau family. Read the following: Osage Indians/Chouteau Trading Co. Preparation Have access to the history of the Chouteau family . Read the following: Osage Indians/Chouteau Trading Co. Osage-Europeans and the Missouri Fur Trade Materials Lesson Hook/Preview Ask students to trade you for an item in your class Duration: 60 Minutes.