Check out this article in the Tampa Bay Times. What does the article say about growth in personal income in Florida? Based on what you have learned about economic and financial literacy concepts, what factors do you think contribute to the growth in personal income in Florida?
SS.912.FL.1.5: Discuss reasons why changes in economic conditions or the labor market can cause changes in a worker’s income or may cause unemployment.
Check out this Newspaper In Education Cartoons in the Classroom lesson on health as a campaign issue. People are making big decisions for the upcoming election. How can the health of a political candidate be a problem? What are the possible consequences of political candidates sharing all of their personal information? What information should they share? What are the costs and benefits of sharing health information?
SS.912.E.2.2Use a decision-making model to analyze a public policy issue affecting the student's community that incorporates defining a problem, analyzing the potential consequences, and considering the alternatives.
SS.912.FL.2.1 Compare consumer decisions as they are influenced by the price of a good or service, the price of alternatives, and the consumer’s income as well as his or her preferences.
SS.912.FL.2.5 Discuss ways people incur costs and realize benefits when searching for information related to their purchases of goods and services and describe how the amount of information people should gather depends on the benefits and costs of the information
Ask the students: What are the consequences for Ireland if Apple does not pay the back taxes?
Then check out the NIE Headline Geography Activity.
Now read the articles and discuss why the Irish leaders are fighting against the European Union (EU) ruling that Apple must pay the back taxes to Ireland. Students prepare an answer, citing evidence, about the consequences of not paying taxes.
Explain that taxes are paid to federal, state, and local governments to fund government goods and services and transfer payments from government to individuals and that the major types of taxes are income taxes, payroll (Social Security) taxes, property taxes, and sales taxes.
Created by Deborah Kozdras and Brittany Sampson