Day 39

Lesson Objectives

  • Identify ways companies compete for your money
  • Be familiar with marketing strategies that encourage people to go into debt or finance large purchases
  • Evaluate how peer pressure can affect spending decisions
  • Summarize factors that influence consumer decisions

Assignment 6.1.4

  1. Watch Video 1.2
  2. Record the missing words from pages 132 of the textbook as they pop up on the left side of the video screen by filling in this form.  (pages 132) .
  3. Discussion Questions:
    1. What are some ways that companies compete for your money?
      • Personal Selling – “be backs”
      • Scents
      • Financing (1/3 of people don’t qualify)
    2. Besides marketing, what are some other factors that influence your purchasing decisions?

Assignment 6.1.5

  1. Make a copy of this Google Document, rename the document Financing-(Your Initials), and move the file into your Chapter 6 folder.
  2. Obtain your partner from your teacher.
  3. Read the disclosure statement carefully and complete the document based on the directions within.

Assignment 6.1.6

  1. In your Personal Finance Journal-C6 file in your Chapter 6 folder, complete the next row in the table by answering the question listed.