This is a wonderful activity to help children learn to make letter shapes. (Great for those who aren't comfortable with pencils or crayons yet.) Print out sheets with letters on them, laminate them and make the shapes of the letters out of dough.
Toddlers will love the idea of shape hopping, call out the shape and color and the child's job is to find the shape and matching color. Great for large motor development and body and eye coordinations.