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Copyright Goodheart-Willcox Co., Inc.
Review and Assessment
21. Cause and effect How has Internet use
affected the banking industry? Cite specific
examples. Explain in detail to the class.
22. Make inferences The level of risk the
investor takes on usually determines the
potential payback for an investment. Identify
three stocks. Keep up with them for three
weeks. If you had actually bought the stocks,
would you have made or lost money? Why?
Core Skills
23. Research and technology Get copies of
several different companies’ advertisement
flyers. Choose one product. Look into
comparing the cost at each of the companies.
Which company charges the most? Which
company charges the least? Is the product
exactly the same at each company? Are there
differences? Create an electronic presentation
describing how you compared the product
from each of the different companies and
determined which one would be the wisest
purchase. Share your presentations with the
class.
24. Research, writing, and speaking Choose a
local company to research. Find out about its
social sustainability. Look into issues involving
fair labor laws, community development,
safety, and wellness. Write a one-page paper
explaining what you found out about the local
business and its practices. Discuss your
findings with the class.
25. Speaking and listening Pair up with a
partner. One of you is the customer service
manager for a retail store. The other person
is an unhappy customer. Role-play how to
handle a customer who is upset with the
company due to a problem with a purchase
or with a situation that occurred in the store,
such as a rude salesperson. Take turns
being the customer and the customer service
representative.
26. Writing Using the information from this
chapter, write a rough draft for a letter of
complaint to a local business. Include what the
problem is and how you would like it resolved.
This can be put into your portfolio.
27. Technology, writing, and math Use a
software program of your choice to keep track
of your spending for two weeks. Then, create
a chart with income and expenses listed into
categories. Use this information to make a
rough draft of a budget. Refer to the five basic
steps of creating a budget identified in this
chapter. As you are planning your budget, apply
the decision-making process to determine how
you will allocate and use your finances wisely.
After completing your budget, follow it for one
month. Adjust your plan as necessary and take
notes about how well the plan works or about
any challenges you may face. Why is following
a budget a helpful habit to practice?
28. Research and math Identify local financial
institutions. Research the types of interest
available for home or car loans. Which place
has the lowest interest rate? Which has the
highest interest rate? Based on your research,
which financial institution would you apply to
for a loan? Explain.
29. Research, math, and technology Compare
and contrast the rate of return between a
certificate of deposit and a mutual fund. Which
would help you grow your money faster?
30. Technology Financial institutions and
other companies are not flawless. There are
regular attempts at breaching security. Create
an electronic public service announcement
explaining these dangers, what you must do
if your purse or wallet is stolen, and who you
need to contact to get replacements for the
items in your wallet. Share your presentations
with other classes in your school.
31. Writing and technology In groups of three,
work together to write and design a pamphlet
explaining the differences among installment
credit, noninstallment credit, and revolving
credit. Describe how these different types
of credit can affect a person’s credit score.
Be sure to check your pamphlet for correct
grammar, spelling, and punctuation. Present
your pamphlets in class.