Day 44

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

  1. Read each of these statements and mark whether you agree or disagree.

Assignment 6.S.2

  1. Make a copy of this Google Document, name it Peer Pressure-(Your Initials), and place it in your Chapter 6 folder.
  2. In the graphic organizer, describe three instances where peer pressure has influenced your decision about a purchase.

Assignment 6.S.3

  1. Utilize this review to assess your learning from Chapter 1.  You have 10 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

  1. Make a copy of this document.  
  2. Rename the document Short Answer 6-(Your Initials).
  3. Move the Short Answer 6-(Your Initials) into your Chapter 6 folder.
  4. Use your Chapter 6 textbook link to help answer your questions.
  5. Answer the questions in complete sentences.

Assignment 6.S.5

  1. Make a copy of this document.
  2. Name the document Case Studies 6-(Your Name) and move it into your Chapter 6 folder.
  3. 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.