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Buying Goods and Services Standards and ResourcesTo buy or not to buy, that is the question. According to the Council for Economic Education, High School students should attend to making spending decisions. Because goods and services are scarce, people cannot buy all of the goods and services they want, they must make choices. Student should understand different payment methods, charitable donations, and the role of government and other institutions to provide consumer information. Check out the Standards for Buying and Resources for Buying for more websites and ideas.
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Websites Referenced in Video:
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Florida teachers, order free copies of Financial Freedom for your students. We have included links to websites for Chapter 1. Download the ch1-managing-money-lesson nstructional guide for the chapter, which include teacher instructions and standards alignment.
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Mick Jagger taught one of the basic Economic Principles about Buying when he sang: You Can't Always Get What You Want. Use this song as a hook to a lesson where students need to make decisions about buying.