In the article above, the Tampa Bay Times reported on a recent study, which noted that fake news had a wide reach but little impact. What does this mean? Read the article and consider the financial impact of someone deciding to share fake news. What are the costs and benefits of sharing fake news? Did you know that students have been denied college entrance due to things they shared on social media? How could the decision impact job opportunities?
SS.8.FL.1.2 Identify the many decisions people must make over a lifetime about their education, jobs, and careers that affect their incomes and job opportunities.
SS.912.FL.1.3Evaluate ways people can make more informed education, job, or career decisions by evaluating the benefits and costs of different choices.
Welcome back to Financial Fridays for the new school year! Here is our first posting. Before you read the article, consider the image. What evidence do you see? What do you think happened and what inferences can you make based on evidence? What questions do you have?
Newseum is a Washington D.C. attraction "dedicated to the importance of a free press and the first amendment." They had been selling "You are very fake news" Tshirts in their gift shop and recently made the decision to stop selling the shirts. Use the .pdf article from the Tampa Bay Times: Should They Sell The Shirts to create an argument. What do you think of the decision? How can this impact consumers? What kind of article is this? Using "lateral literacy" search across the Internet to find other evidence-based articles. Now what do you think?
Related Financial Literacy Standards
SS.8.FL.2.1..Explain why when deciding what to buy, consumers may choose to gather information from a variety of sources. Describe how the quality and usefulness of information provided by sources can vary greatly from source to source. Explain that, while many sources provide valuable information, other sources provide information that is deliberately misleading.
SS.912.FL.2.2...Analyze situations in which when people consume goods and services, their consumption can have positive and negative effects on others.
Deborah Kozdras, Ph.D.