Copyright Goodheart-Willcox Co., Inc. 30 Review and Assessment 10. Technology influences how families and consumers make decisions. Name four technological changes that have happened in your lifetime that made an impact on how we live as a society. Analyze how these changes influence your decision- making as well as that of your family. What do you think will be the next big technology advance that will change the way you meet your own needs and wants? Apply Your Math Skills 1. Joe has $500 in spending money for the fall semester. He needs to buy new athletic shoes for gym class. A plain pair costs $30 while a brand-name pair he really wants costs $75. Joe also wants $25 a week to buy his lunch in the cafeteria every day. If the semester is 18 weeks long, can Joe afford to buy the name-brand shoes and eat in the cafeteria every day? 2. Alana has a summer job opportunity at a local day camp for young children. If she takes the job, she will work 30 hours per week for 10 weeks and make $8 an hour after taxes. If she chooses not to take the job, she is free to spend the summer doing other activities she enjoys. What is the opportunity cost of not taking the job? Online Activities Complete the following activities to help you learn, practice, and expand your knowledge and skills. Posttest. Now that you have finished the chapter, see what you learned by taking the chapter posttest. Vocabulary. Practice vocabulary for this chapter using the e-flash cards, matching activity, and vocabulary game until you are able to recognize their meanings. Activity files. Download and complete the activity files to extend your learning experience. Communication Skills Reading. Skimming means to quickly glance through an entire document. Skimming will give you a preview of the material to help your comprehension when you read the chapter. You should notice headings, key words, phrases, and visual elements. The goal is to identify the main idea of the content. Skim this chapter. Provide an overview of what you read. Speaking. Participate in a collaborative classroom discussion about financial competence. Ask questions that connect your ideas to the relevant evidence that has been presented. Writing. Generate ideas for writing a paper that describes the concept of personal finance as you interpret it. Gather information to support your thoughts and ideas. Keep careful and accurate records of any sources that you use as references. Create the notes that you could use to write a paper to distribute for discussion with your classmates. Teamwork Working with a teammate, discuss how the decision-making process might help in establishing local, state, and federal governmental policies and budgets. Create a chart and list your ideas. Share your findings with your class. Relate the discussion to actual issues where possible. Internet Research Personal Information Management (PIM). Using the Internet, research personal information management (PIM) systems. Identify a system that would work for you. Explain how you can apply a PIM system to your daily schedule to help you plan, manage, and organize tasks and personal responsibilities. College and Career Readiness