As long as the kiddies don’t touch it, there shouldn’t be a hazard. The worst that will happen is if you push the wires in so far that they make direct contact with each other inside the pickle; you’ll get a good “pop” right before the circuit breaker blows.
I did the pickle trick a number of times in grad school. typically there was a lot of beer involved, but nobody died. Easiest way:
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Snip an electrical cord from a dead appliance.
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Strip an inch of insulation from the ends of the two wires.
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Twist the wire ends tightly (not to each other). They need to be stiff enough to pierce the ends of the pickle. If you’ve got small-gauge wires, consider tinning them with solder to stiffen them.
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Get a moderately-sized pickle.
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Push the wire ends into the pickle, one at each end. Insert the wire all the way up to the insulation.
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Place pickle on plate. Dim the room lights.
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Do not touch the pickle during this step. Plug the cord into a wall socket. Pickle should start to flicker/glow/steam. Enjoy the effect for maybe 15-20 seconds. If flickering fades, you can jiggle the wires to get better contact inside the pickle, but again, do not touch the pickle during this step.
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Unplug the pickle.
Make it a point to tell kids they absolutely should not do this on their own without their parents present.
I’m with Raftpeople: any model that is simplified enough for little kids to understand is going to be wrong enough to hobble deeper understanding when they get older, but it’ll get them to the point where they understand ideas about forming a complete circuit, grounding appliances, and safety. Let them know there is much more to the nature of electricity than you can tell them in one day, and that they can find out more as they get older. Encourage them to take advanced science classes in school.
Mr. Duality’s battery trick sounds like a useful demonstration, but there might be sanitation issues associated with having a large group of kids lick the same pair of battery terminals. You might suggest they do this on their own - or if it’s not too big a group, give everyone their own battery.
Explaining the dangers of holding an e-motor while standing in a filled bathtub? Once they understand the idea of completing a circuit, and the idea of electricity flowing from a high-voltage line to a low-voltage line/ground, explain that electricity likes to take the path of least resistance. Your explanation at that point is going to go a bit beyond electricity and into risk management: if they hold an e-motor while standing in a tub, they will probably be absolutely fine, but there is a small chance of a problem inside the motor that could electricify the case, sending current through their body to ground (easier/less resistance than going through the motor windings). Or they might accidentally drop the motor into the tub, and if they’re standing between the motor and the tub’s drain pipe, current might pass through them. And although that chance is small, the consequences could be fatal. A GFI outlet will probably protect them, but there’s a small chance it won’t, again with disastrous consequences. Explain that it’s not a good idea to deliberately rely on safety mechanisms; their first line of defense is being smart/careful, and the safety devices (grounding, GFI circuit breakers) are only there to back them up during real, honest mistakes.
Low voltage, e.g. batteries, can’t easily electrocute a person, but if it’s capable of delivering a lot of current, then a short-circuit can produce a lot of heat in a short time and cause thermal burns and other shenanigans. Classic example: accidentally dropping a wrench across the terminals of a car battery. BIG BRIGHT spark, LOUD pop, and the evolved hot gases at the arc site may blow your wrench across the garage.