PREVFinLit1 - IG (80p Protected Preview)

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L E S S O N 1 Look Out, You're Surrounded!

Time to Teach

SLIDE 1A

Workbook This lesson corresponds to The 21st Century Student's Guide to Financial Literacy, student workbook, Chapter 1. Materials List Computer/smartboard Webslides (www.c21student.com) Suggested Videos and Additional Resources  Commerce News (www.youtube.com/user/commercenews) The Department of Commerce regularly posts short informative videos on YouTube about a variety of topics • Learning Markets; Why Consumer Confidence Reports Matter (www.learningmarkets.com/why-consumer- confidence-reports-matter) (3:25)  Investopedia “The Consumer Price Index” (www.youtube.com/watch?v=vtx3UAEm3O0) (1:48) • Investopedia “What is Inflation?” (www.youtube.com/watch?v=Vi3Q1ypNw3M) Link to highly recommended videos  organized by lesson at www.c21student.com/ you-tube-lesson-links/ PRODUCT PREVIEW

What Does That Mean? Term

SLIDE 1B-E

Definition

financial literacy

the ability to understand how money works in the world.

commerce economics

activities that relate to the buying and selling of goods and services. a social science concerned with the processes and systems by which goods and services are produced, sold, and bought. the system of businesses, government agencies, organizations and consumers that interact to enable business to operate, and money and goods to flow. a firm or enterprise that engages in the activity of making, buying, or selling goods or providing services in exchange for money.

system of commerce

business

2

Lesson 1 | Look Out, You’re Surrounded!

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