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Consumer Smarts

Consumer Smarts

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Here's how Consumer Smarts aligns with curriculum standards in Mississippi. Use the filters to change the location, set of standards, and grade level.

1: Personal Decision-Making

Standards
Defined by Personal Finance 9th-12th Grades and align with Consumer Smarts
1.2: Apply opportunity costs and trade-offs to personal decision-making. DOK2

1.1: Define and explain individual wants and needs. DOK1

Standards
Defined by Personal Finance 9th-12th Grades and align with Consumer Smarts
a: Define the following terms: Wants, Needs, Values, Goals, Scarcity, Opportunity costs, Trade-off.
b: Differentiate between wants and needs.
c: Identify the various factors that influence wants and needs.

5: Buying Goods and Services

Standards
Defined by Personal Finance 9th-12th Grades and align with Consumer Smarts
5.3: Research and identify various ways to purchase goods and services (e.g., online, storefronts, retail, wholesale). DOK1

5.2: Apply comparison-shopping practices. DOK2

Standards
Defined by Personal Finance 9th-12th Grades and align with Consumer Smarts
a: Identify differences between name-brand and generic items.
b: Demonstrate couponing and the use of various applications to help save money and compare prices.

5.4: Examine the impact of advertising and marketing on consumer demand and decision making in the global marketplace. DOK2

Standards
Defined by Personal Finance 9th-12th Grades and align with Consumer Smarts
a: Discuss impulse buying and buyer's remorse.
b: Discuss influence of product placement, packaging, and other characteristics that influence purchasing.