Standard 8 addresses the topic of consumer purchasing, asking students to compare costs and benefits of using credit cards, as well as buying online. Learning objectives focus on evaluating options for payments on credit cards, interest rates, and fees.
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Suggested Unit Progression
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Unit 8. Credit Cards and Online Shopping.
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Suggested Instructional Class Periods:
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Semester Course:
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Embedded in a Course: (9 weeks)
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4-5
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3
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Oklahoma Academic Standard:
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PFL.8 The student will describe and explain interest, credit cards, and online commerce.
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Essential Questions:
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How do people meet their needs and wants?
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How do financial decisions impact individuals and society?
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Why and how do people prepare and respond to challenges and change?
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What is government’s role and relationship to consumers?
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What makes a financially responsible citizen?
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Supporting Questions:
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Why do people utilize credit cards and how do they work?
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How can credit card interest and payment policies affect a person’s financial health?
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What are the benefits and risks of using credit cards for online purchases?
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