Students Will:
E.1 - Understand the impact of contextual factors associated with consumer decision making. (e.g., social, historical, political, family, cultural, philosophical).
E.2 - Investigate the purposes, strategies, and effects of various business practices, including sales schemes or scams.
E.3 - Understand the cost of interest rates and fees associated with financial services.
E.4 - Understand that verbal contracts are as binding as written agreements.
E.5 - Identify sources of consumer protection and assistance including public institutions and private organizations (professionals, publications, and internet). financial decisions related to planning, saving, and investing.
E.6 - Examine critically the impact of socio-cultural norms and demographics related to money, saving, and spending.
Links to lesson plans addressing each standard