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
- List five steps you should take before making a major purchase
- Evaluate the role opportunity cost plays in purchasing decisions
- Describe the effect of inflation on buying power
Assignment 6.S.1
- Read each of these statements and mark whether you agree or disagree.
Assignment 6.S.2
- Make a copy of this Google Document, name it Peer Pressure-(Your Initials), and place it in your Chapter 6 folder.
- In the graphic organizer, describe three instances where peer pressure has influenced your decision about a purchase.
Assignment 6.S.3
- Utilize this Chapter 6 Review to assess your learning from Chapter 6. You have as many attempts to get as good of a score as you can. You are free to use the online textbook when going through this review.
Assignment 6.S.4
- Make a copy of this Google Document, rename the document Short Answer 6-(Your Initials), and move it into your Chapter 6 folder.
- Use your Chapter 6 textbook to help answer your questions.
- Answer the questions in complete sentences.
Assignment 6.S.5
- Make a copy of this Google Document, rename the document Case Studies 6-(Your Name), and move it into your Chapter 6 folder.
- Read THREE of the cases and write a possible resolution to the problems presented. Remember to apply the personal finance knowledge and principles you have learned in this chapter.