PREVFinLit1 - IG (80p Protected Preview)

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Identify the commerce-related activity and answer these questions: Does the activity indicate local, domestic, or global commerce? How does the activity relate to commerce? (Is it a sale/exchange of money for goods and services? Does it promote or support the functioning or operation of business, such as a government-provided service?) Hint: There are at least 18 examples of commerce in this picture! Students may work in teams. Correct aloud from IG or Slide 1M. This exercise is both a review of the objectives of Lesson 1 and a preview of the course.  Let's Practice: My Daily Consumer Diary (Collect, discuss, and graph students’ consumer patterns.)  Exploring 21st Century Skills and Issues: The Consumer Price Index Ponder and Predict When did commerce begin? What was early commerce like? Early commerce was surprisingly similar to 21st century commerce in some important ways. How? Write your predictions here and in the next lesson, find out if you’re right! Assign • Blog, debate, discuss: Consumerism is a social and economic ideology which encourages the acquisition of goods and services in ever-greater amounts. Anti-consumerism is a movement opposed to consumerism, and discourages the ever-growing purchasing and consumption of material possessions. On a scale of 1-5 (5 being “They’re naming a mall after me.” and 1 being “I am Mr./Ms. Anti-consumer”) rate your consumerist tendencies. How can society promote a healthy balance? SLIDE 1N SLIDE 1M PRODUCT PREVIEW • To prepare for the next lesson: read Chapter 2 of the workbook. • Watch business or financial news at least 15 minutes per day: Bloomberg West (www.bloomberg.com/video/bloomberg-west)

The Street Business News (www.thestreet.com) Reuters (www.reuters.com/video/technology)

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Lesson 1 | Look Out, You’re Surrounded!

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